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retail market

Pyne Gould's Marac Eyes Lower Funding Costs In Banking

Pyne Gould's Marac Eyes Lower Funding Costs In Banking
Wellington, Feb 26 NZPA - Pyne Gould Corporation said a banking licence for its finance subsidiary Marac will give it a lower cost of funding. The company is focusing on raising Marac's credit rating a notch to investment grade, which is needed for a bank licence.

Commission Slammed Over Mobile Decision

Commission Slammed Over Mobile Decision
Wellington, Feb 22 NZPA - New Zealanders will still be paying too much for their mobile phones following a decision by the country's competition watchdog, say newcomer 2degrees and the Telecommunications Users Association of New Zealand (Tuanz).

Retail Market Still Hard Work - Kirks

Retail Market Still Hard Work - Kirks
Wellington, Feb 16 NZPA - Wellington retailer Kirkcaldie & Stains believes it will be more than a year before the retail market recovers from the economic recession as it weathers losses from its CBD store.

Briscoe Third Quarter Sales Lift 8.3 Pct

Briscoe Third Quarter Sales Lift 8.3 Pct
Wellington, Oct 30 NZPA - Retailer Briscoe Group reported an 8.3 percent rise in third quarter sales to $84.3 million, as sales picked up after a flat first half. Briscoe Group includes the brands Briscoes Homeware, Living & Giving, Urban Loft, and Rebel Sport.

Stop Smart Meters Until Consumer Benefits Clear - Lobbyist

Stop Smart Meters Until Consumer Benefits Clear - Lobbyist
Wellington, Oct 30 NZPA - Electricity consumers need "smart meters" and "smart tariffs" which allow them to reduce their electricity consumption when prices peak, says a leading lobbyist.

Briscoe Second Quarter Sales Up 3.7 Pct On Year Earlier

Briscoe Second Quarter Sales Up 3.7 Pct On Year Earlier
Wellington, July 31 NZPA - Retailer Briscoe Group is reporting a 3.7 percent rise in second quarter sales compared to a year earlier, as the country tries to work its way out of recession.

Juice Maker To Report Loss Of 1.8m To 1.95m

Juice Maker To Report Loss Of 1.8m To 1.95m
Wellington, July 14 NZPA - NZX-listed juice company Charlie's expects to post a net loss of $1.8 million to $1.95m in full year earnings.

Brownlee Rules Out Power Refunds

Brownlee Rules Out Power Refunds
Wellington, May 22 NZPA - Power companies will not be expected to pay back $4.3 billion in overcharging, Energy Minister Gerry Brownlee said this morning.

Retailer Briscoes Reports Flat First Quarter Sales

Retailer Briscoes Reports Flat First Quarter Sales
Wellington, May 1 NZPA - Retailer Briscoe Group reported first quarter sales 0.1 percent lower than a year earlier to $90.2 million.

Fonterra Quashes New Bond Speculation In Wake Of CEO's Comment

Fonterra Quashes New Bond Speculation In Wake Of CEO's Comment
Wellington, March 27 NZPA - Fonterra Cooperative Group now says it has "no plans at this point" for a new retail bond issue in New Zealand.

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