'Spectacular': Briscoe's Rod Duke rapt with 1Q sales result

'Spectacular': Briscoe's Rod Duke rapt with 1Q sales result
Rod Duke was appointed managing director of Briscoe Group in 1998. (Image: NZME)
Gregor Thompson
According to managing director and deputy chair Rod Duke, Briscoe Group has again defied economic gravity as the company reported first-quarter sales to the New Zealand stock exchange on Tuesday.Talking to BusinessDesk after reporting unaudited sales for the 91 days to April 28, Duke said: “It's a spectacular result given the conditions and the forecasts we're hearing from banks, credit card data and Retail NZ.”The group reported unaudited sales of $183 million, 1.03% higher than the $181.2m achieved for the same quarter las...

More Retail

Smiths City owes creditors $26.8m
Retail

Smiths City owes creditors $26.8m

The outlook for unsecured creditors of the former retail icon Smiths City appears bleak, as liabilities have mounted to more than $26.8 million.Liquidators for the century-old retailer stated in their initial report that 240 creditors were owed money by the company, as reported b...

Staff reporters 09 Oct 2025
Gourmet ice cream company out of flavour as sales melt
Retail

Gourmet ice cream company out of flavour as sales melt

Domestic sales, mainly to NZ supermarkets, plummeted by 94.65%.

Denise McNabb 06 Oct 2025
Warehouse chief says layoffs on table amid profitability dearth
Retail

Warehouse chief says layoffs on table amid profitability dearth

Margin pressure is compounding analyst concerns that cuts can only cut so deep.  

Gregor Thompson 03 Oct 2025
Retail outlook 'tough and unpredictable': Warehouse Group
Retail

Retail outlook 'tough and unpredictable': Warehouse Group

The group's operating earnings dropped from $28.9 million to $1.3m.

Gregor Thompson 02 Oct 2025