Articles by Alka Prasad
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Business
January consumer spending up, hospitality spending drops
Friday, 2 February 2024, 2:38PMRetail spending had a slight lift in January while hospitality spending dropped 1.4 per cent, according to new data from...
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Business
Māori authority exports drop 16 per cent in September quarter
Tuesday, 16 January 2024, 2:43PMTotal goods exports for Māori authorities were down 16 per cent in the September quarter of 2023 compared to the September...
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Business
Bed, Bath and Beyond NZ profits defy downturn and climb 7.5pc
Thursday, 4 January 2024, 3:50PMAuckland-based homeware retailer Bed, Bath and Beyond (New Zealand) lifted net profit by 7.5 per cent in the 2023 financial...
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National
Boxing Day spending flat, ‘disappointing’ result for retailers
Wednesday, 27 December 2023, 4:43PMBoxing Day spending was flat on last year with the busiest shopping day of the year officially being last Friday, according...
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Business
Retail spending up in November but retail outlook remains 'cautious'
Tuesday, 12 December 2023, 9:17PMRetail spending across all categories was up last month as Kiwis stepped up pre-Christmas spending according to Stats NZ...
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Business
Nike cuts online shopping in NZ
Thursday, 7 September 2023, 3:14PMNike is shutting down online shopping in New Zealand from next month but has confirmed its retail stores won’t be affected. The...
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Business
K-Fry competition heats up: Korean fried chicken chain coming to New Zealand
Tuesday, 29 August 2023, 2:57PMGlobal South Korean food chain Nene Chicken is set to open its first New Zealand store next month as the K-Fry competition...
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Māori
Debbie Birch honoured for Māori leadership in finance
Thursday, 1 June 2023, 12:37PMIt’s all about looking after your people, says Debbie Birch (Ngāti Tūwharetoa, Raukawa Ki Te Tonga), winner of this year’s...
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Business
Consumer confidence falls flat, Kiwis slightly more hopeful
Friday, 26 May 2023, 5:24PMConsumer confidence is flat in May, with Kiwis still wary about the economy according to ANZ. The ANZ-Roy Morgan Consumer...
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Business
Airfare war: Jetstar launches cut-price domestic flights
Thursday, 11 May 2023, 9:40AMJetstar has thrown the gauntlet down, launching a range of cheap airfares at a time when rival Air New Zealand has been accused...
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Business
ERA finds Wendy's failed to pay workers for public holidays, took over $3m in Covid cash
Thursday, 4 May 2023, 3:26PMA fast food retailer that took almost $3.4 million in Covid wage subsidies failed to pay staff for working public holidays,...
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Business
Supermarket suppliers not being influenced - Food & Grocery Council
Friday, 7 April 2023, 3:39PMThe Food and Grocery Council says it has no evidence to support allegations large supermarkets were potentially pressuring...
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Business
Egg fight: Bakers battling for hot cross bun supplies this Easter
Friday, 7 April 2023, 12:16PMLocal bakeries have been “pumping out the buns” this Easter even with costs of essentials like flour, eggs and butter leaping...
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Business
Smashing the global market: NZ hosts World Avocado Congress
Tuesday, 4 April 2023, 3:22PMThe local avocado industry is committed to reducing its environmental footprint as the global market for the popular fruit...
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Business
Hospitality shake up: 10 things restaurateurs want
Wednesday, 29 March 2023, 8:42AMBetter immigration policy, reviewed accreditation and a new Hospitality Minister are part of a hospitality group’s wish list...
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Business
Times of India's struggle with immigration and homage to independence
Sunday, 26 March 2023, 3:45PMFor restaurateur Areeb Mirza, immigration rules have soured efforts to offer Auckland diners a wider choice of Indian cuisine. Mirza...
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Business
Job cuts confirmed as profits tumble at The Warehouse Group
Thursday, 23 March 2023, 10:52AMThe Warehouse Group said net profit slumped in the six months to January 29, dropping 61 per cent to $17.3 million compared...
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National
Cost of food surges: Growers "battling hard" to reduce fresh produce prices
Monday, 13 March 2023, 1:45PMThis will be one of the worst years for growers in Aotearoa despite rising prices at the supermarket, says an industry chief...
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Business
Cyclone Gabrielle had 'major influence' on spending last month
Tuesday, 7 March 2023, 12:16PMCyclone Gabrielle had a “major influence” on spending last month, according to Worldline New Zealand data. Worldline runs...
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Business
Wahlburgers set to launch in Auckland this week
Monday, 27 February 2023, 4:44PMActor, rapper and entrepeneur Mark Wahlberg’s first New Zealand restaurant will open its doors in Auckland this week. Aotearoa’s...
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Business
Hawke’s Bay winegrowers: ‘We’re down but not out’
Saturday, 25 February 2023, 2:06PM“Covid is nothing. It looks like a nuclear bomb’s gone off. It’s just wiped out.” That’s Hawke’s Bay chef Greg Miller, reflecting...
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Business
Inghams switches to nitrogen amidst CO2 shortage
Monday, 20 February 2023, 2:58PMThe national CO2 shortage has driven poultry processor Inghams to convert its New Zealand processing plants to nitrogen as...
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Business
Cyclone Gabrielle: Fresh produce prices likely to rise, experts say
Thursday, 16 February 2023, 4:27PMRelentless downpours and flooding are likely to hit fruit and vegetable supply in the coming weeks, further pushing up prices. “The...
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Business
Concerns weather disasters may drive food growers out of industry
Tuesday, 14 February 2023, 2:46PMBig losses from recent storms have some fruit and vegetable growers worried the weather disasters will drive people out of...