Insight from inside the walls of New Zealand’s remaining department stores.
The Godfreys NZ website now sports a banner telling customers to stay tuned and that the company would be back online soon, under new management.
Retail co-op issues 584,000 new shares at $1 each.
The French-owned make-up giant reported its 2023 financials.
Financial statements for the pet retailer co-owned by Woolworths showed an 86% decline in profit.
Warehouse Group interim chief executive John Journee last week said it could compete with Kmart.
‘The market has undoubtedly spoken, and the clock is ticking fast on this iconic company’s fortunes,’ one shareholder noted.
Concurrent retail conferences offer an insight into what consumers are looking for and the future of retail design.
The company continues to absorb hefty IT bills, costed at $146.1 million over the past three years.
The company has signed a 12-month exclusive partnership with The Vitamin Shoppe.