Retail
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Coronavirus
Luxury lodge operator hopes to see trans-Tasman bubble by 3Q
Luxury accommodation provider Robertson Lodges plans to stagger re-opening its three lodges and is hopeful a “trans-Tasman bubble” will be in place by the third quarter. International visitors made up 80 percent of its guests at Matakauri in Queenstown, Cape Kidnappers in Hawk...
Economy
Financial hardship doubles - Centrix
More than 20,000 credit accounts have been flagged as being under “financial hardship”, more than doubling in the past month and up a third during the past week alone, according to credit bureau Centrix.The number of Kiwis opting for repayment “holidays” since the covid-19 lockdo...
Coronavirus
SkyCity gearing up for reopen, NZICC completion date extended to Jan 2025
SkyCity Entertainment staff are on site gearing up to reopen if covid-19 restrictions are further eased and Fletcher Construction now has until Jan 2025 to finish the convention centre and hotel project because the pandemic is considered a force majeure event. “At alert level 2,...
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Coronavirus
Free
‘Pantry-loading’ helps Countdown notch up almost $2b of quarterly sales
Countdown supermarkets lifted first-quarter sales by 13.7 percent in the flurry of buying brought on by the covid-19 pandemic.The New Zealand division of Woolworths Group today reported sales of $1.93 billion in the 13 weeks ended April 5, up from $1.69 billion in the same period...
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