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retail sector

NZ Dollar Off Highs After Weak Retail Sales Data

NZ Dollar Off Highs After Weak Retail Sales Data
Wellington, Feb 12 NZPA - The New Zealand dollar ended off its best levels today after retail sales data came in lower than expected.

Electronic Card Spending Rises Modestly

Electronic Card Spending Rises Modestly
Wellington, Jan 15 NZPA - Increased spending on petrol and diesel continued to be the main factor as the amount spent using electronic cards rose modestly last month.

Strong Start By NZ Sharemarket Fades

Strong Start By NZ Sharemarket Fades
Wellington, Nov 24 NZPA - The New Zealand sharemarket started strongly but faded in the afternoon session as the Australian market weakened and as an initial pubic offer (IPO) by Synlait was pulled.

Postie Plus Edges Back Into Profit

Postie Plus Edges Back Into Profit
Wellington, Sept 25 NZPA - Clothing retailer Postie Plus reported a full year net profit of $615,000, edging back into the black from a $10.85m loss the year before on "a very good second half recovery".

NZ Dollar Tires After Run Higher

NZ Dollar Tires After Run Higher
Wellington, Sept 14 NZPA - The New Zealand dollar fell today after reaching a one-year high against a broadly weaker greenback during the weekend.

NZ Sharemarket Continues Global Enthusiasm Gains

NZ Sharemarket Continues Global Enthusiasm Gains
Wellington, Aug 4 NZPA - The New Zealand sharemarket put in another good performance today, continuing its three-week bullish run.

Hallenstein Glassons Predicts Tight 2009

Hallenstein Glassons Predicts Tight 2009
Wellington, Dec 18 NZPA - Tough economic times means the retail sector will feel the pinch after Christmas as landlords look for more rent and consumer confidence is hit by further job losses, says the head of Hallenstein Glassons.

Rise In Bankruptcies Brings Warning From Credit

Wellington, Dec 15 NZPA - The number of people filing for bankruptcy and the recently introduced alternative, the No Asset Procedure (NAP), has risen 20 percent in 2008, according to the country's largest credit information provider.

Eon Not The Only Retailer In Trouble, Says Receiver

Eon Not The Only Retailer In Trouble, Says Receiver
Wellington, Nov 28 NZPA - The receivership of Auckland design store Eon Design this week got a lot of media attention, but its receiver says it is not the only retailer failing.

NZ Shares End In The Red After Quiet Session

NZ Shares End In The Red After Quiet Session
Wellington, Nov 4 NZPA - The sharemarket turned its back on this morning's small gain, ending in the red after a quiet session. The benchmark NZSX-50 index closed down 12.35 points, or 0.4 percent, at 2844.31.

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