The Warehouse's next challenge: Ikea
The Warehouse's fortunes may have turned around, but the red sheds aren't the only place New Zealanders can get a bargain any more, and that's likely to be a problem, analysts say.
Business
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Still busy on the ground and in the air
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Still busy on the ground and in the air
"People say, ‘how many birthdays have you had?’ I say, I’ve only had one ... all the rest are just celebrations," Robbie Burnside says laconically.
Mentor programme ‘brilliant’
Mentor programme ‘brilliant’
When her year-long Institute of Directors’ mentoring for diversity programme comes to an end in June, Leanne Illingworth admits there will be a sense of sadness.
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Gilberts lament closure of business
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Gilberts lament closure of business
Nine years ago, Kevin and Esther Gilbert paid $85 for a 25kg block of butter for their Dunedin bakery business — last month, that same-size slab cost a whopping $395.
Bluebridge to buy new Cook Strait ferry
Bluebridge to buy new Cook Strait ferry
Bluebridge has announced it will buy a new ship to replace its 28-year-old Cook Strait ferry.
NZME reveals bid to buy Stuff newspapers
NZME reveals bid to buy Stuff newspapers
Media company NZME has revealed it has been in talks with its rival Stuff to buy some of its newspapers and websites.
Dunedin food rescuer wins national award
Dunedin food rescuer wins national award
Deborah Manning saw a use for the tonnes of unwanted food that would have otherwise gone to waste.
Edgar Centre sale aims to share the preloved
Edgar Centre consignment sale aims to share the preloved
Good-quality preloved wares will be up for grabs at a consignment sale in Dunedin this weekend.
How far do you have to travel to a supermarket?
How far do you have to travel to a supermarket?
Residents of Te Atatū Peninsula might be without a supermarket until next year - but data compiled by RNZ shows they're in a better position than shoppers in many parts of NZ.
New Sutton Tools factory opens after devastating blaze
New Sutton Tools factory opens after devastating blaze
From the adversity of a devastating fire, one of the most modern and sophisticated small drill manufacturing plants in the world has risen in Canterbury.
Another major bank cuts home loan rates
ASB cuts home loan rates
ASB has cut a number of its fixed home loan rates. It said it was the fifth fixed mortgage rate drop this year.
Economy crawls out of recession
Economy crawls out of recession
A small jump back into positive growth ends half a year of bad news and beats economists' expectations.
Long haul to begin non-stop flights to India
Long haul to begin non-stop flights to India
Travellers calling for non-stop flights between NZ and India now have a date on which to pin their hopes - but it is still more than three years away.
Port Otago profit up, operating result down
Port Otago profit up, operating result down
Port Otago Group has announced a half-year profit of $15.2 million for the six months ended December 31 — a $2.2m increase on the previous year’s result.
New Zealand’s biggest crypto exchange set to merge with Australian firm
New Zealand’s biggest crypto exchange set to merge with Australian firm
New Zealand’s largest cryptocurrency exchange has fallen into Australian hands in a major shakeup of the local crypto market.
KiwiSaver: Can you afford to contribute 10%?
KiwiSaver: Can you afford to contribute 10%?
If the government is making changes to KiwiSaver contribution rates, the amount we are putting aside for retirement should be pushed up to 10% of incomes, providers say.
Kmart recalls 'exploding' pickle jars
Kmart recalls 'exploding' pickle jars
Kmart is recalling a brand of pickles in a glass jar it says can break or explode, and confirmed there have been injuries.
What's going on with the price of butter?
What's going on with the price of butter?
If you have bought butter recently you might have noticed something - it is a lot more expensive.
Deadline for pandemic business loans looms
Deadline for pandemic business loans looms
Crunch time is looming for people who borrowed money through the small business cash-flow loan scheme, launched during the pandemic.
School lunch provider owes more than $14 million
School lunch provider owes more than $14 million
A major provider of the government's troubled free school lunch programme owes more than $14 million to hundreds of creditors after going into liquidation last week.