Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Whitcoulls Staff Relieved Sale Process Complete

Whitcoulls Staff Relieved Sale Process Complete

“Whitcoulls staff are relieved that the sale process of the former REDGroup Retail company to the James Pascoe Group has now been completed,” said Robert Reid, General Secretary of the National Distribution Union.

“Staff were notified of the completion of sale today.”

“There was some worry on Friday and over the weekend when the original date for the sale passed without the sale being completed.”

“But now this is done and dusted The workers know their jobs are now secure.”

Robert Reid said that there were still a number of issues to deal with that relate to the sale of the business and the Individual Employment Agreements that workers were required to sign in order to work for the new company.

“We will need to deal with these issues with both the Administrator and the new Whitcoulls management over the next few weeks and months,” he said.

“The NDU has already completed negotiations of a Collective Agreement with the new owners of Whitcoulls for its members in the Distribution Centre.”

“We will now be talking to Whitcoulls shop workers to see whether they wish to join the NDU and negotiate a Collective Agreement to cover their work as well,” Robert Reid said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Statistics: Weekly Earnings Rise As More In Full-time Employment

Median weekly earnings from wages and salaries rose by 8.8 percent to $1,189 in the year to the June 2022 quarter, Stats NZ said today... More>>

Bell Gully: Uncertainty Ahead With New Unconscionable Conduct Legislation

new prohibition against ‘unconscionable conduct’ in trade is one of a number of changes to the Fair Trading Act 1986 that come into force from 16 August 2022. The new prohibition may have wide-ranging implications for many businesses... More>>

Statistics: Food Prices Increase 7.4 Percent Annually
Food prices were 7.4 percent higher in July 2022 compared with July 2021, Stats NZ said today... More>>

Westpac: Economic Overview, August 2022 – Pushing Through

The New Zealand economy faces some lean growth in the year ahead as households’ budgets are squeezed, according to Westpac’s latest Economic Overview... More>>

Kiwi Group Holdings: Fisher Funds Acquires Kiwi Wealth Business

Kiwi Group Holdings Limited (KGHL) today announced the sale of Kiwi Wealth to Fisher Funds for NZ$310 million... More>>

Retail NZ: Welcomes Return Of Cruise Ships

“Cruise visitors were big spenders in retail prior to COVID-19, and retailers in Auckland will be celebrating the arrival of P&O’s Pacific Explorer this morning... More>>