Retail
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Economy
Confidence wanes as NZ consumers worry about the future
By Rebecca Howard Aug. 2 (BusinessDesk) - Consumer confidence took a hit in July as consumers fret about the future. The latest ANZ-Roy Morgan survey of consumer confidence fell 6 points in July to 116.4, the lowest reading so far this year and below the historic average of...
Warehouse launches new e-commerce platform
By Rebecca Howard Aug. 1 (BusinessDesk) - The Warehouse Group has launched its new e-commerce venture TheMarket in a bid to tap into the $4.2 billion New Zealander's spent online in 2018. TheMarket has launched with 1,500 brands and more than 1 million products. It includes...
Blis Technologies confident it can deliver another annual profit
By Rebecca Howard July 26 (BusinessDesk) - Blis Technologies remains confident it will deliver another profit in the current financial year as revenue remained strong in the first quarter. The Dunedin-based company reported a maiden profit of $381,000 in the 12 months ende...
Metroglass gives subdued guidance for 2020, promises to slash debt faster
By Victoria Young July 26 (BusinessDesk) - Metro Performance Glass has provided subdued earnings guidance for the 2020 financial year, and said it will cut debt at a faster pace. Ahead of its annual meeting today, the company forecast group earnings before interest and tax...
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