There are going to be a lot of ‘smart, innovative, and exciting new opportunities,’ Scott Simpson says, after criticism of the change.
Surcharges currently cost New Zealanders up to $150 million a year.
The Wellington-founded coffee company is in growth mode, after getting new investment earlier this year.
LVMH-owned DFS says it will exit the Oceania market after a review of its global store network.
High-end retail is reporting a bumpy performance, but insiders say the Asia-Pacific region remains a key focus area.
Financial statements showed domestic operations plunged from a $321,000 profit to a $4.2m loss.
Cashmere retailer Elle + Riley is expanding into the US despite market wobbles.
A draft report on the Grocery Supply Code finds Foodstuffs and Woolworths receive subsidies from their suppliers of more than $5b a year.
Annual profit for the local alcohol giant fell more than 73%.
Skincare brand LoveSkin was acquired for more than $199,000.