Updated: Briscoe Group takes The Warehouse Group’s spot in NZX 50 index

Updated: Briscoe Group takes The Warehouse Group’s spot in NZX 50 index
Briscoe Group managing director Rod Duke says he's "pretty proud". (Image: Dean Purcell)
Gregor Thompson
Briscoe Group has taken The Warehouse Group’s place on New Zealand’s benchmark index.In a quarterly rebalance for New Zealand Exchange (NZX) indices on Friday, S&P Dow Jones announced it would remove The Warehouse Group from the NZX 50, the NZX MidCap and the NZX SmallCap indices.Briscoe Group will take its place on all three from June 23 onwards, joining other listed retailers Hallenstein Glasson and KMD Brands.Briscoe managing director Rod Duke told BusinessDesk on Monday that analysts had tipped him off that his firm would li...

More Retail

ComCom seeks more supermarket regulation
Retail

ComCom seeks more supermarket regulation

ComCom wants to ban supermarkets from charging suppliers for stacking shelves.

Gregor Thompson 05 Jun 2025
ComCom seeks more supermarket regulation
Retail

ComCom seeks more supermarket regulation

ComCom wants to ban supermarkets from charging suppliers for stacking shelves.

Gregor Thompson 05 Jun 2025
McDonald’s NZ cuts dividend payment by $100m
Retail

McDonald’s NZ cuts dividend payment by $100m

The franchisors’ profits fell over 40% due to a deferred income tax expense.

Gregor Thompson 04 Jun 2025
Private label, public reply from Foodies and Woolies
Retail

Private label, public reply from Foodies and Woolies

The big two grocery retailers explain how private label products work for them.

Garth Bray 04 Jun 2025