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Retail
An algorithm dunnit: anatomy of Spark's mid-match surrender
By Pattrick Smellie Sept. 23 (BusinessDesk) - It had all been going so well. Friday night's Rugby World Cup opening ceremony and first match, Japan vs Russia, rolled down the international telecommunications cables to New Zealand so seamlessly for Spark Sport that freshly d...
Retail
Restaurant Brands lifts 2Q sales; appetite for KFC offsets ditched Starbucks
By Paul McBeth Sept. 19 (BusinessDesk) - Restaurant Brands New Zealand lifted second-quarter sales 3.5 percent as growing demand for the fast-food operator's local KFC chain more than offset the loss of its lacklustre Starbucks Coffee stores. Total sales rose to $259.7 mil...
Retail
Kathmandu shares rise 9.3% on strong FY result, solid US performance
By Rebecca Howard Sept. 18 (BusinessDesk) - Kathmandu Holdings shares rose 9.3 percent after the company reported annual profit at the top end of its guidance, including a standout performance in the US. The outdoor equipment chain said net profit was $57.6 million in the y...
Retail
Briscoe Group says outlook uncertain
By Rebecca Howard Sept. 17 (BusinessDesk) - Briscoe Group said first-half profit was flat and the economic outlook for the second half remains uncertain given subdued business and consumer confidence, increased cost pressures and the lower New Zealand dollar. “All of which...
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