New Zealand's seasonally adjusted total retail sales rose 0.8 per cent or $NZ42 million ($A32 million) in January, pulled ahead by sales of automotive fuel and of vehicles.  Statistics New Zealand (SNZ) said fuel sales gained 2.8 per cent or...

New Zealand based retail group The Warehouse has unveiled its half year results.  The Warehouse lifted half year net profit 17.3 per cent to $NZ57.4 million ($A44.08 million) as a recovery in overall retail spending remains "patchy". Reve...

New Zealand consumers are pretty negative about their current economic circumstances, but at least feel more positive than their counterparts in the US, according to a survey today.  The UMR Consumer Confidence index sits at minus 18 per cent,...

Electronic card transaction have been gaining ground in New Zealand, but will the growth continue? The value of transactions made using electronic cards slipped in February, with flat or declining sales in all but one core retail industry, along with...

An improved full year result is predicted for Postie Plus, according to CEO Ron Boskell, but its half year results could indicate otherwise.  Postie Plus Group reported a smaller first half loss of $1.1 million, as sales rose compared to a yea...

Strategic and structural initiatives have influenced the full year net profit result of New Zealand's top homewares retailer.  Briscoe lifted full year net profit 80.7 per cent to $NZ21 million ($A16.1 million), on sales revenue up 7.3 per cen...

Consumers in regional centres are outspending those in the main centres, according to figures from leading eftpos provider Paymark.  The figures from Paymark - which processes over 75 per cent of all electronic transactions in the New Zealan...

Restaurant Brands fourth quarter sales rose 5.3 per cent from a year earlier to $NZ75.3 million ($A57.46 million), with the company saying the economic downturn and slow recovery had not adversely affected sales growth.  Same store sales for t...

Smartpay is forecasting an annual operating profit for the year to March 31, 2010 and has sourced $3.05 million of working capital.   The eftpos terminal provider is forecasting earnings before interest, tax, depreciation and amortisati...

Restaurant Brands is forecasting a 67 per cent rise in its annual profit to $19.5 million.  The company today attributed the improvement to stronger than expected trading over the past quarter of the year, particularly from its KFC stores, a...

More than a third of privately held businesses in this country expect to grow by acquisition during the next three years, well up on the global average.  A global survey of more than 7000 privately held businesses by accounting firm Grant Thornt...

The sale of Shell's New Zealand service stations to Infratil and the New Zealand Superannuation Fund may be weeks rather than months away.  However, Infratil denies the petrol station brand name will change to Greenstone Energy, despite sour...

Consumers' confidence about both current and future economic conditions has eased but still remains positive, according to the ANZ Roy Morgan Consumer Confidence survey.  The survey's overall measure of confidence fell 7.8 points to 123.6 in Feb...

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. "Kirks", as it is known to shoppers and which has traded since 1...

New Zealand retail sales increased for the third quarter in a row but the recovery for the three months to December slowed to one per cent, Statistics New Zealand said today.  "Retail sales volumes have now risen for three consecutive quarters, ...