The Wesfarmers subsidiary on Tuesday revealed its Kmart NZ revenue had cracked $1 billion for the first time.
The listed retailer saw its half-year net loss after tax deepen to $20.7m, from $9.7m.
Takeovers Panel determination earlier this month ordered Empire to reimburse NZX-listed Vital nearly $250,000.
NZME union delegates will meet with Grenon later this week to discuss his plans for the NZX-listed company.
The deal is about growth, but the market was unimpressed and James Hardie shares plunged 13%.
The milk processor reports a positive half year result.
Canadian billionaire says he has had very little involvement in politics and labels the Herald ‘a business in decline’.
NZME has released the letter Jim Grenon shared with the board on March 6, in which he outlined mass cost cutting and a shift in editorial focus.
However, he says competition from Panda Mart was not related to the closure of Pakuranga’s Warehouse.
But those discussions, ongoing since late 2024, have now been paused by Stuff amid Jim Grenon’s move to spill NZME’s board.