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28 Nov 2024 8:50
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  •   Home > News > Business

    Kmart's New Zealand operation is approaching the 1-billion-dollar turnover mark, as it plans to open its largest NZ store yet

    Kmart's New Zealand operation is approaching the 1-billion-dollar turnover mark, as it plans to open its largest NZ store yet


    Business Desk reports annual earnings lodged with the Companies Office show Kmart NZ Holdings declared just shy of one-billion-dollars total revenue in the year to June 30.

    In September, the company announced it would open in Westgate on Auckland city's western edge in 2026.

    It will have 28 stores here when it opens -- doubling in the past decade.

    © 2024 Newstalk ZB, NZCity

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    The Reserve Bank remains concerned about domestic inflation, as it points to more OCR cuts next year following the latest 50 basis point cut More...



     Today's News

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    Law and Order:
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    Health & Safety:
    Health New Zealand's confirmed a person has died at the ageing Dunedin Hospital, while life-saving equipment was out of action 7:26


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