Pricewise founder surprised liquidation took so long

Pricewise founder surprised liquidation took so long
Andrew Berryman said Pricewise was in good shape. (Image: supplied)
Victoria Young
While the current owner of discount retailer Pricewise is keeping mum on its liquidation, its original owner said he’s unsurprised given the changes made. Andrew Berryman founded Pricewise but the company was sold from receivership back in 2020 following disagreements with shareholder Polar Capital on how it was run.Polar Capital had a general security agreement that enabled it to trigger receivership, and it eventually took over. Polar Capital’s Colin Neal has declined to comment on the liquidation at this stage.When Pola...

More Retail

Foodstuffs South Island ‘merger costs’ bill rises
Retail

Foodstuffs South Island ‘merger costs’ bill rises

More than $11 million has been spent so far on ‘merger-related costs’.

Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025
Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Gregor Thompson 02 Jul 2025
Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Gregor Thompson 01 Jul 2025