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Three new Farro Fresh stores planned, $100m revenue forecast to be topped this year
27 Jan, 2021 04:38 AM
4 minutes to read
Farro Fresh plans to open three new stores and to exceed $100 million revenue for the first time this year. Chief executive Bryce Howard detailed the chain s financials and expansion plans from six to nine stores.
But Tauranga and Hamilton don t yet feature on the boutique food business radar, Howard saying Auckland remains the sole focus for growth at this stage.
But never say never. We are targeting three areas of Auckland. Real estate is the hardest part, leasing the properties. We want to lease those properties and have three new Farro stores. We have the capacity to do at least one new store a year, Howard said.
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Apartments or supermarket: $40m Herne Bay Countdown project sparks debate
20 Jan, 2021 04:25 AM
4 minutes to read
Artist impression of a new Countdown Metro to be built on the site of the old Gables pub in Herne Bay corner.
Artist impression of a new Countdown Metro to be built on the site of the old Gables pub in Herne Bay corner.
Property investor Ben Cook s construction of a $40 million supermarket in New Zealand s richest suburb has sparked strong debate, with critics saying they would far prefer apartments there instead. Yesterday, the Cook Property chief said work had begun demolishing The Gables pub on the Herne Bay site where a 1800sq m metro-sized Countdown will be built.
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