NZ economy 'ticking along nicely'
Retail sales data out yesterday provided further evidence the New Zealand economy was ''ticking along nicely'', BNZ head of research Stephen Toplis said.
Retail
Nu-Dax outlets' creditors unlikely to get paid
Nu-Dax outlets' creditors unlikely to get paid
Three retail clothing outlets in Queenstown, Mosgiel and Invercargill have been placed in voluntary liquidation, with the total of more than $400,000 owed to 26 unsecured creditors "unlikely" to be repaid.
Retailing 'only' within existing areas in future
Retailing 'only' within existing areas in future
All future retail enterprises in Dunedin, with very few exceptions, are likely to be encouraged into existing central city or suburban retail centres under the city's new spatial plan.
Retail profit margins under pressure
Retail profit margins under pressure
The changing dynamics of retailing and recession-led volatility have been reflected in a cautionary Warehouse profit downgrade and an expectant sales and profit boost for Hallenstein Glasson.
Slow day for sales as polar blast hits
Slow day for sales as polar blast hits
Like the temperatures yesterday, the revenue generated by Dunedin businesses did not climb much above zero - leaving the city's services, manufacturing and retail sectors with an estimated $8 million loss.
Frankton project gains momentum
Frankton project gains momentum
With key tenant Countdown confirmed and more retailers being courted, a spokesman for the $125 million Five Mile Frankton Flats big box retail complex says the project is gaining momentum.
Index boosted from March low by holidays
Index boosted from March low by holidays
The school holidays and Easter helped boost Otago-Southland retailers' activity in April, the latest BNZ-Business New Zealand performance in services index shows.
Figures reinforce sense of lean sales
Figures reinforce sense of lean sales
A slump in December quarter retail sales confirms retailers' impressions of a lean Christmas, but economists are still confident the economy has better times ahead.
Now you can see where your goods come from
Now you can see where your goods come from
Connecting consumers and producers in the modern retail environment is not always easy.
Boxing Day sales generally quieter
Boxing Day sales generally quieter
Dunedin retailers reported mixed post-Christmas sales yesterday, with some saying there were fewer people around.
Otago sales stronger than many
Otago sales stronger than many
Otago merchants fared better than most during Boxing Day retail activity as the national volume and value of electronic transactions were down respectively 6.7% and 2.8%.
Shoppers flock to bargains
Shoppers flock to bargains
Boxing Day shopping again attracted thousands of bargain hunters to Dunedin shops, with a busy day in the city despite the aftermath of the recession.
Cafes 'flat out' despite surcharge
Cafes 'flat out' despite surcharge
The inconsistent application of the Holidays Act was evident in Dunedin yesterday, as Labour Day public holiday surcharges at cafes and restaurants ranged from 20% to nothing.
Australian stores move into Meridian
Australian stores move into Meridian
Australian stores have launched a new assault on Dunedin retailing.
GST rise motivates shoppers
GST rise motivates shoppers
Otago businesses were as busy as they looked on the eve of the GST increase.
Retailers ringing the changes through recession
Retailers ringing the changes through recession
'For lease', 'closing down' and 'we have moved' signs have been common on Dunedin streets recently, as have fresh faces. Retail reporter Ellie Constantine investigates.
Positive view on four listed retailers
Positive view on four listed retailers
Forsyth Barr was maintaining a positive view on four listed retailers, believing they still offered attractive long-term value, broker Suzanne Kinnaird said.
McDonald's 'committed' to opening in Mosgiel
McDonald's 'committed' to opening in Mosgiel
No decision has yet been made on the future of a McDonald's restaurant in Hartstonge Ave, Mosgiel, but the company said yesterday it was still committed to opening in the suburb.
Vending machines go upmarket
Vending machines go upmarket
Press your face up to this vending machine, and savour the selections. With some items costing $US400 ($NZ570), chances are you won't have the change in your pocket. But not to worry - credit cards are accepted.
Discounts entice shoppers to brave elements
Discounts entice shoppers to brave elements
Wet weather may have been the perfect excuse for many to hibernate indoors yesterday, but big sale discounts drew others into town.