Sky City Entertainment Group is planning to invest up to $A198.44 million in its Adelaide Casino.  The company on Monday said it was in negotiations with the South Australian government on plans to expand and enhance the Adelaide casino and ...

New Zealand's Postie Plus Group said sales fell 5.33 per cent in its fourth quarter from the same period a year ago, meaning it did not meet sales and margin milestones for the year.  The seller of fashion clothing for women, men and childre...

The value of transactions using electronic cards in retail industries in New Zealand fell a seasonably adjusted 0.1 per cent in July from June, mainly due to a 3.1 per cent fall in fuel sales.  Figures from Statistics New Zealand (SNZ) on Tu...

Upscale retailer Kirkcaldie & Stains Ltd is forecasting a 15 per cent fall in annual profit due to further markdowns in the value of inventory and reduced sales.  The owner the Wellington department store, which traces its history back t...

Retailer Hallenstein Glasson Holdings Ltd is forecasting a profit rise of between 55 per cent and 57 per cent when it reports earnings in late September due to improved profit margins.  The operator of the Hallensteins, Glassons and Storm re...

Michael Hill International has reduced by $NZ20 million ($A16.23 million) the valuation put on its intellectual property in a 2008 transaction, following a query from the ATO.  As a result a deferred tax asset recorded in 2008/09 will be red...

For the first time in at least 15 years retail sales at New Zealand's supermarkets and grocery stores were lower in May than they were a year earlier.  The NZ$1.24 billion spent in supermarkets and grocery stores during May was down just $1 ...

Jan Cameron, the former co-owner of outdoor clothing and equipment retailer Kathmandu, has increased her holding in Postie Plus Group to 19.26 per cent.  A substantial security holder notice to the NZX revealed the holding had risen from 17....

Australian appliance retailer The Good Guys is opening its second store in New Zealand at Botany Downs in South Auckland on July 15.  Its first store opened in Wairau Park in Auckland in May. A third store in Manukau in Auckland will open...

New Zealand gourmet burger chain operator BurgerFuel has opened its second store in the Middle East, with the new Dubai location expected to provide more scope than the less tourist-oriented Saudi Arabia. BurgerFuel expects to open more stores withi...

New Zealand fruit and vegetable growers say they want an independent investigation of the retail pricing of their produce, in the wake of evidence that growers are not getting paid any more for produce than they were five years ago.  "There ...

New Zealand-based Postie Plus Group has experienced a slowdown in sales in May and June, but remains optimistic and says it is outperforming other apparel retailers.  The company 18 per cent owned by Kathmandu founder Jan Cameron operates Po...

Hoyts in New Zealand is planning to develop cinema venues with fully digital 3D screens, auditorium seating, and gourmet food and beverage facilities.  The first project, for which Hoyts is joining with Tainui, is due to open at Te Rapa in H...

New Zealand's Restaurant Brands' shares rose seven cents to $2.37 after chairman Ted van Arkel told shareholders the company is on target to deliver a net profit after tax of between $24 million and $26 million this financial year.  That is ...

Smiths City Group has reported a 61.8 per cent increase in profit after tax to $1.644 million and said sales in March, April and May were ahead of the same month last year.  The Christchurch-based retailer said the increase in goods and serv...