The Wesfarmers subsidiary on Tuesday revealed its Kmart NZ revenue had cracked $1 billion for the first time.
But net profit after tax has dipped at the retailer.
‘We need smart regulation, not knee-jerk bans,’ Retail NZ boss Carolyn Young says.
The first real breath of fresh air into a ‘pretty hammered’ CBD, developer Andrew Krukziener says.
The home appliance retailer was tipped into liquidation and receivership earlier this year.
The parent entity of the outdoor retailer no longer expects to make a loss next year.
Pet food business specialising in wild proteins has gone into liquidation, while a US subsidiary continues to stack up losses.
Attempts to sell the failed home appliances and furniture retailer were unsuccessful.
The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.
Owner Colin Neal says the more than a century-old brand looks set to disappear from the New Zealand retail landscape.