Retail
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Retail
PM to open Precinct's $1b Commercial Bay
Precinct Properties chief executive Scott Pritchard is surprisingly relaxed considering the frenetic level of activity around him in the lead up to the launch of its long-awaited, $1 billion Commercial Bay precinct on Auckland’s waterfront. Prime Minister Jacinda Ardern will atte...
Retail
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Clothing chain Max prepares to shut 17 stores
The owner of women’s fashion brand Max is planning to close 17 stores after having virtually no revenue during the covid-19 lockdown.
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Retail
Pent up demand not going to last, Warehouse CEO says
The Warehouse Group chief executive Nick Grayston warns consumer spending is artificially high from pent up demand following the lockdown, and that retailers should tighten their belts. Retail spending bounced back vigorously after the national lockdown was lifted as consumers...
Retail
Food fight breaks out between trans-Tasman start ups
A trans-Tasman stoush has opened up between two online food ordering start-ups, New Zealand’s Eat Local and Australia’s Mr Yum. Eat Local NZ founder Tim McLeod wrote in a Facebook post on Friday that he was “devastated” after Mr Yum backed out of a partnership and he was unsur...
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