Retail
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Retail
Warehouse, Kathmandu AGMs upbeat affairs
Profit guidance upgrades, beating said upgrades and other positive recent news meant the annual shareholders' meetings of retailers Kathmandu and The Warehouse on Friday were mostly upbeat affairs. One sure sign that a company which has blotted its copy book with shareholders ...
Retail
A2 shares surge on stronger margin outlook
A2 Milk shares jumped 14.2 percent after it said it expects annual operating profit margin will be stronger than previously communicated and in the range of 29-30 percent.The shares jumped to $14.62 from $12.80 when trading opened at 10am, still shy of its record at $18.04 at the...
Retail
Kiwi Property eyes apartments, funds management
Kiwi Property Group is investigating ways of branching out from its core business, including moving into funds management, as Stride Property has done, and building apartment complexes to rent.Over the last year or so, Kiwi has refined its strategy to operating and intensifying m...
Retail
Card spending stalls; dearer petrol crowds out other goods
Spending on credit and debit cards fell for the first time in four months, with dearer petrol prices in October blamed for soaking up more of people's pay packets. Statistics New Zealand figures show retail spending fell a seasonally adjusted 0.6 percent in October from the m...
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