Retail

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Smiths City narrows FY loss as finance offsets soft retail demand
Retail

Smiths City narrows FY loss as finance offsets soft retail demand

By Rebecca Howard July 1 (BusinessDesk) - Smiths City narrowed its full-year loss as growth in same-store sales and a strong performance from its finance arm offset softer retail demand in the second half of the year.  The furniture and appliance retailer reported a net los...

Rebecca Howard 30 Jun 2019
NZ consumer confidence ticks up slightly in June
Retail

NZ consumer confidence ticks up slightly in June

By Rebecca Howard June 28 (BusinessDesk) - Consumer confidence ticked up in June, climbing back above the historic average.  The latest ANZ-Roy Morgan survey of consumer confidence rose 3.3 points in June to 122.6. The May figure had been a six-month low and the historical...

Rebecca Howard 27 Jun 2019
Meridian to supply Australian online retailer Kogan.com
Retail

Meridian to supply Australian online retailer Kogan.com

By Gavin Evans June 24 (BusinessDesk) - Meridian Energy’s Australian business has agreed to supply power and gas to a new energy service being started by online retailer Kogan.com. The multi-year agreement is expected to take effect before the end of 2019. Powershop will su...

Gavin Evans 24 Jun 2019
NZ consumer confidence still downbeat in June quarter
Retail

NZ consumer confidence still downbeat in June quarter

By Rebecca Howard June 18 (BusinessDesk) - New Zealand households remain downbeat with consumer confidence dipping in June and remaining at below average levels, the latest Westpac McDermott Miller survey shows. The consumer confidence index fell 0.3 points to 103.5 in the...

Rebecca Howard 17 Jun 2019