The closure of Southland's retailer H&J Smith is raising questions over how local retailers can compete against international players.

It comes as one of our biggest retailers 'Briscoe Group' has announced a record full year profit, with revenue up at $785.9 million.

Briscoes Group Managing Director Rod Duke told Mike Hosking with the likes of Ikea heading to New Zealand, local companies will have to lift their game.

He says local companies will have to offer a better product for a better price.

LISTEN ABOVE

The closure of Southland's retailer H&amp;J Smith is raising questions over how local retailers can compete against international players.
It comes as one of our biggest retailers 'Briscoe Group' has announced a record full year profit, with revenue up at $785.9 million.
Briscoes Group Managing Director Rod Duke told Mike Hosking with the likes of Ikea heading to New Zealand, local companies will have to lift their game.
He says local companies will have to offer a better product for a better price.
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...