Retail
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Retail
Countdown sales strong after lockdown, but growth slowing
Countdown supermarkets are looking at another quarter of double-digit sales growth, although things have slowed since the government-imposed lockdown was lifted and smaller rivals reopened. Australia’s Woolworths Group today said its New Zealand supermarket sales in the 10 wee...
Retail
Credit card holders reduce debt in time of covid
Credit card holders have been repaying what they owe with month-end balances getting smaller, however, there’s a small but growing value of debt that’s more than 90 days past its due date. Reserve Bank figures released today show there was $6.04 billion outstanding on domestic...
Retail
Tobacco, grocery sectors say they're doing their part on health
A review into New Zealand’s health and disability systems took a shot at companies marketing tobacco, alcohol and unhealthy foods but those in the sector argue they are already doing their part and call for more government action.“Alcohol, tobacco, and unhealthy foods contribute...
Retail
Edmund Hillary high-end retail starts its ascent
Specialist outdoor clothing retail store Edmund Hillary, bearing the signature of the legendary Kiwi adventurer, has opened its flagship store at Auckland’s new Commercial Bay as part of its ascent into global markets.It's the second store for the high-end brand but will be i...
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