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BUSINESS

Fresh fruit and veges are now available in a third of The Warehouse's stores across Aotearoa.
Business

Revealed: The 10 new Warehouse stores selling fresh produce

Fresh fruit and veges are now available in a third of The Warehouse's stores.

Related video: Newshub took to the street to ask people what they thought of Easter trading laws.
Business

Wānaka supermarkets deliberately breach Easter trading rules

Both stores had previously been fined for trading on Good Friday, in 2021 and 2022.

Related video: The Warehouse Group sold Torpedo7 in February for $1.
Business

'Sobering': The Warehouse to sell or close TheMarket.com after posting $23.7m net loss

The Warehouse Group sold Torpedo7 for $1 earlier this year.

Retail businesses across the country are struggling as Kiwis spend less money.
Business

Demand for insolvency services ramps up as retailers struggle to stay afloat

It comes as Kiwis are spending "significantly less" across the country.

Related video: Cameron Bagrie tells AM Flat economic growth expected for fourth quarter, yearly GDP "is going to be negative"
Business

Bank profits may have plateaued as operating expenses rise

Collective profits for the sector rose 0.3 percent to a record $7.21 billion in 2023.

Related: The 'Amazon effect' on New Zealand retail.
Business

The Body Shop files for bankruptcy

It's been hurt by high inflation.

A BP (British Petroleum) sign in Liverpool, England.
Business

BP claws back millions from former CEO's pay

It comes after former boss Bernard Looney failed to disclose past relationships with employees, BP said in its annual report.

Research shows the US ski industry has lost more than $5 billion over the past two decades but industry heads here remain optimistic.
Business

Skiing industry's golden era may be over due to climate change

Research shows the US ski industry has lost more than $5 billion over the past two decades but industry heads here remain optimistic.

The boss of ExxonMobil, Darren Woods.
Business

Gas company boss slammed for blaming public for climate failures

Darren Woods has prompted a strong backlash after saying consumers don't want to pay for the transition to clean energy.

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