News in Brief

News in Brief
ComCom extends Foodstuffs merger deadline
Retail

ComCom extends Foodstuffs merger deadline

 If successful, the merged entity would become one of two major grocery retailers in NZ. 

Staff reporters 20 May 2024
Michael Hill to cut costs as weak sales persist
Markets

Michael Hill to cut costs as weak sales persist

Total sales across its three operating markets – Australia, Canada and NZ – grew 4.7%.

Staff reporters 20 May 2024
Luxury lodges get new boss
Luxury Lodges

Luxury lodges get new boss

Rosewood Hotels calls in a staff member from the Caribbean to manage its NZ properties.

Staff reporters 17 May 2024
Craig Stobo appointed FMA chair
Finance

Craig Stobo appointed FMA chair

The Financial Markets Authority leader will serve a five-year term.

John Anthony 17 May 2024