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Five reasons Postie Plus is in administration

Postie Plus said today it had called in administrators. Markets writer Christopher Adams looks at what's gone wrong.

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Hunt on to find Postie Plus buyer

The Auckland-based company, which operates 82 stores, said that the BNZ had withdrawn support amid ongoing trading losses. Photo / NZPA

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Buyer found for Postie Plus

The administrators of Postie Plus say they have secured a conditional agreement to sell the business and its assets to an "international retail group".

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Brian Gaynor: Postie Plus a lesson for retail shareholders

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Postie Plus to shut 12 stores, axe 64 workers

The administrators of failed retailer Postie Plus will close 12 of the chain's 82 shops in New Zealand, cutting 64 workers.

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Postie Plus given South African lifeline

Staff at Postie Plus have been offered a conditional employment agreement by South African investment group Pepkor, according to a source.

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Cash for Postie Plus shareholders?

Postie Plus shares debuted at $1 in the firm's 2003 initial public offering and hit an all-time high of $1.25 on their first day. Photo / Martin Sykes

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Postie pitches new future to consumers

Postie Plus' more than 100-year history has not all been smooth sailing. But new owners Pepkor are asking customers to give the brand a second chance.

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Postie Plus liquidator cuts $550k deal with former logistics supplier

The liquidator of Postie Plus' former owner reached a $550,000 settlement with the its former logistics supplier.

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School uniform prices for Kiwi and UK parents a hemisphere apart

Kiwi parents are paying over $300 more for a school uniform than parents in the UK - prompting calls to overhaul our uniform rules.

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