Retail

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A cold open for cafes under level 3
Retail Free

A cold open for cafes under level 3

The nation famous for the flat white seems to be willing to wait longer for its coffee fix with the small number of cafe owners choosing to open simply hoping to keep their head above water.Cafe chain Mojo Coffee has opened just five of its 39 stores. General manager Katy Ellis s...

Dan Brunskill 29 Apr 2020
StretchSense re-enters US through acquisition
Retail

StretchSense re-enters US through acquisition

Futuristic textile company StretchSense is back in the US market after buying animation studio MoCapNow. Last September, the Kiwi company was purchased out of administration by the newly-formed Sensor Holdings, which is majority-owned by venture capital fund Global from Day One (...

Victoria Young 28 Apr 2020
Investore strides ahead on its retail ambitions
Retail

Investore strides ahead on its retail ambitions

Listed retail property owner Investore has reported a marginal improvement in the value of its property portfolio to $761.4 million to 31 March 2020, in spite of uncertainty over covid-19. In an update today, it confirmed the $140.75 million purchase of three retail properties...

Brent Melville 28 Apr 2020
Mazda releases CX-30 into vastly different market
Retail

Mazda releases CX-30 into vastly different market

The fact that this year’s new car market might crash and deliver just half the 2019 volume hasn’t destroyed Mazda NZ’s confidence but will steer sales expectation.In discussing hopes for the CX-30 compact crossover – the first new car to launch nationally since the covid-19 lockd...