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Retail NZ - Latest News [Page 2]
Black Friday A Mixed Bag For Retail Sector
Monday, 2 December 2024, 2:34 pm | Retail NZ
“Overall, it does appear that customers were waiting for the sales to get underway, before they started their Christmas shopping,” Ms Johnson says. More >>
Black Friday Celebration With Consumer Confidence On The Rise
Friday, 29 November 2024, 9:09 pm | Retail NZ
“With many stores enjoying their busiest day in months as consumers flock to Black Friday sales, this news couldn’t have come at a better time,” Retail NZ Chief Executive Carolyn Young says. More >>
Rate Cut Brings Hope For Christmas Retail Trading
Wednesday, 27 November 2024, 2:27 pm | Retail NZ
Retail NZ is hopeful that today’s OCR announcement will improve consumer confidence in the run-up to Christmas. A rise in confidence will help retailers, who have been suffering a continued downturn in sales. More >>
Retail Challenges Continue
Monday, 25 November 2024, 11:47 am | Retail NZ
Stats NZ’s latest Retail Trade Survey shows that core retail sales fell 1.7% compared to the same quarter of 2023. Total retail sales (including motor vehicles and parts, and fuel) were down 2.8%. More >>
Treat All Retail Crime Seriously, Retail NZ Says
Wednesday, 13 November 2024, 1:57 pm | Retail NZ
The Bill proposes to introduce new aggravating factors at sentencing to address concerns about crime against sole charge workers, and those whose home and business are connected. More >>
Retail Challenges Continue
Tuesday, 12 November 2024, 1:52 pm | Retail NZ
Stats NZ’s latest Electronic Card Transactions shows a 1.1% fall in retail spending compared to October 2023. This follows a 5.6% fall in September, compared to the same month of 2023. More >>
Hope Triumphs Over Retail Reality
Tuesday, 29 October 2024, 10:02 pm | Retail NZ
Retail NZ’s quarterly ‘temperature check’ shows a noteworthy uplift in confidence, with 65% confident or very confident that their retail business will survive the next 12 months, compared to just 58% last quarter and 57% this time last year. More >>
New Payment App An Exciting Development
Tuesday, 29 October 2024, 3:09 pm | Retail NZ
Payap has been launched as New Zealand’s first digital wallet and Point of Sale (POS) app compatible with all New Zealand banks. It will offer a new lower cost contactless way for customers to pay, as well as other functionality. More >>
Business Groups Unite In Calling For Time Out On Wellington CBD Roadworks
Monday, 14 October 2024, 4:22 pm | Retail NZ
Retail NZ, Hospitality NZ and the Bus & Coach Association say this is an ideal opportunity for the council to step back and review its plans to redevelop the Golden Mile, especially in view of the disastrous impacts the Thorndon Quay project is having on local businesses. More >>
Retail Spending Still Down In September Quarter
Monday, 14 October 2024, 11:19 am | Retail NZ
Consumer confidence is key right now and retailers are hearing that consumers are worried about their job security and only purchasing the essentials” says Carolyn Young, Chief Executive at Retail NZ. More >>
Retail NZ Hopes Rate Cut Brings Christmas Cheer
Wednesday, 9 October 2024, 3:09 pm | Retail NZ
“We are delighted at the Reserve Bank’s decision to cut the OCR by 50 basis points to 4.75%,” Retail NZ Chief Executive Carolyn Young says. More >>
Retail Sector Continues To See Decline In Retail Sales
Thursday, 3 October 2024, 2:42 pm | Retail NZ
The data for September 2024, released today, shows consumer spending with Core Retail merchants (excluding Hospitality) in its payments network was down 3.4% compared with September 2023. More >>
Facial Recognition Trial Shows Promise In Fighting Retail Crime
Sunday, 29 September 2024, 7:15 am | Retail NZ
The trial ended earlier this month with early results showing positive signs of reducing harm to the supermarkets’ staff. The trial was in place for six months across 25 New World and PAK’nSAVE stores in the North Island. More >>
Retail NZ Included In Ministerial Advisory Group On Retail Crime
Wednesday, 18 September 2024, 12:11 pm | Retail NZ
Retail crime is an issue that Retail NZ has been working on for several years and the association has a number of projects underway. More >>
Soft Retail Sales Continue In August
Sunday, 15 September 2024, 11:05 pm | Retail NZ
The Worldline retail spending data through core retail merchants for August 2024 shows soft retail spending with a decrease 0.5% year on year for the month. More >>
Consumer Confidence Slowly On The Rise
Friday, 13 September 2024, 10:47 pm | Retail NZ
Consumer confidence has improved again in August for the second month in a row, but it is still a long way off average levels of the last decade. More >>
Bill Provides Gift Card Certainty
Thursday, 12 September 2024, 2:02 pm | Retail NZ
The Fair Trading (Gift Card Expiry) Amendment bill provides retailers with 18 months to put in place new systems to comply with new legislation providing a minimum three-year expiry date on all gift cards. It is expected that the new three-year term will be ... More >>
Retail NZ: August Electronic Card Transactions
Thursday, 12 September 2024, 11:50 am | Retail NZ
The electronic card transactions for August have shown a slight increase of 0.2% when comparing August and July 2024 seasonally adjusted data. However, the year-on-year comparisons shows we are still down 4.6% compared to August 2023 and the number of ... More >>
Quarter 2 Showcases Challenges In Retail Sector
Friday, 23 August 2024, 8:08 pm | Retail NZ
The announcement today continues the trend of recent months and aligns with Retail NZ’s recent Retail Radar quarterly survey which showed that 71% of members failed to meet sales targets last quarter and 42% of retailers are uncertain if they can ... More >>
Retail NZ Welcome The OCR Rate Cut
Wednesday, 14 August 2024, 3:25 pm | Retail NZ
Official Cash Rate cut by 0.25%, hopeful of relieving pressure for retailers More >>
