NZ-based premium appliance retailer and Narta member Kitchen Things and its distribution company Applico that exclusively supplies Smeg and ASKO products have gone into voluntary administration. 

The business, created by Mark Jones in 1986 has most recently been managed by Mark’s daughter Rachael Louie. 

At one stage there were 16 Kitchen Things locations throughout New Zealand, however a number of stores have recently closed at Westgate, Whangarei, Palmerston North, Mount Eden, Kapiti and Botany. 

The retailer continues to operate showrooms across the Auckland Region in North Shore, Newmarket, Mt Wellington and its Botany Outlet as well as other locations in Hamilton, Tauranga,…

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• Kitchen Things group put into receivership
• Losses mounted as weak consumer demand, competition hit sales
• Twelve stores closed for now, may reopen if costs can be controlled
• Buyers sought for some or all of business

A national kitchen appliance chain has gone into receivership because of weak consumer demand and tough competition.

The directors of the Kitchen Things group asked its bankers to call in the receivers as the business made continuing losses despite cost cutting and restructuring.

Receiver Stephen Keen of Grant Thornton said efforts to keep the chain going have not countered the drop in sales and shrinking margins.

“Over the past…

COLUMBIA, MD — A Howard County son who plays the lottery sporadically was shocked to discover he won $50,000 on a Bonus Match 5 ticket – and thanks his mom for the win.

“She’s the lottery player,” the winner told Maryland Lottery officials when he claimed the prize at lottery headquarters in Baltimore. “She always says, ‘you should try it.’”

When the player from Columbia was out running errands, he stopped for gas at an Exxon. While there, he remembered his mother’s words and decided to play Bonus Match 5. He bought just one ticket, a $6 quick pick with combinations. It wasn’t until the next day he realized he was a winner when he checked the lottery’s website.

“I honestly was a bit confused when I saw my numbers…

Colin Farrell is starring in the brand new teaser trailer for the upcoming “The Ballad of a Small Player” film adaptation!

The 49-year-old plays Lord Doyle, who gets caught up in gambling debt in the new movie, which is based on the novel of the same name by Lawrence Osborne.

Keep reading to find out more…

Here’s a synopsis: Lord Doyle (Farrell) is laying low in Macau – spending his days and nights on the casino floors, drinking heavily and gambling what little money he has left. Struggling to keep up with his fast-rising debts, he is offered a lifeline by the mysterious Dao Ming (Fala Chen), a casino employee with secrets of her own.

However, in hot pursuit is Cynthia Blithe (Tilda Swinton) – a private investigator…

About Photo #5191447: Colin Farrell is starring in the brand new teaser trailer for the upcoming “The Ballad of a Small Player” film adaptation! The 49-year-old plays Lord Doyle,…Read More Here

MILLIONS of Americans are struggling to overcome debt, and a popular payment option may be causing more issues.

The popularity of buy now, pay later (BNPL) plans have skyrocketed in recent years among consumers.

BNPL, or point-of-sale loans, allow a buyer to pay for goods over a period of set installments while still getting the product the want up front, right away.

Installments to pay off the item are also typically interest free, so long as they are made on time, making them more appealing than putting another purchase on the credit card.

While the concept itself isn’t necessarily new, as it’s been known as “layaway” in the United States or…