Freedom Furniture has posted a $9 million dollar loss, and is relying on Australian owner Greenlit Brands to support them financially.

The furniture and homeware retailer has 12 stores in New Zealand, including five in Auckland.

NZME business commentator Fran O'Sullivan says the 'recessionary environment', increased interest rates and transport delays created by the Red Sea terror attacks have impacted the company.

LISTEN ABOVE

Freedom Furniture has posted a $9 million dollar loss, and is relying on Australian owner Greenlit Brands to support them financially.
The furniture and homeware retailer has 12 stores in New Zealand, including five in Auckland.
NZME business commentator Fran O'Sullivan says the 'recessionary environment', increased interest rates and transport delays created by the Red Sea terror attacks have impacted the company.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.