Retail
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Listed Companies
Smartpay completes A$13m raising
Eftpos provider Smartpay Holdings has raised A$13 million from institutional investors to support its growth in Australia and New Zealand. The payments processor placed 30.9 million new shares at 42 Australian cents per share – the closing price on May 20. Existing shareholders w...
Economy
Consumers may emerge with curtailed spending habits
Spending has lifted significantly as New Zealand has emerged from national lockdown but an Otago University professor warns any splurge won’t last.
Services
Plexure positions for post-covid growth
Plexure Group sees opportunity in the post-covid environment with social distancing expected to drive demand for its mobile marketing and sales platform. Chair Phil Norman said mobile-focused customer engagement and data analytics will be highly sought after as markets adapt...
Smiths City sold; more than 100 jobs lost
Retail chain Smiths City Group is selling the bulk of its businesses in a $60 million deal that will see a quarter of the firm's workforce lose their jobs.
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