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Retail NZ - Latest News [Page 6]
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 >>
Retail Sector Continues To Battle Low Consumer Confidence
Monday, 5 August 2024, 11:08 am | Retail NZ
Glimmers of improvements in the economy are on the horizon but the latest spending data from Worldline shows that retailers are struggling right now, according to Retail NZ. More >>
Retail Sector Pessimism Deepens
Wednesday, 24 July 2024, 10:15 am | Retail NZ
Retail NZ’s quarterly ‘temperature check’ shows that tough economic conditions have continued to impact retail sales and confidence through the second quarter of 2024 (April-June). More >>
Global IT Outage Update Saturday Morning
Saturday, 20 July 2024, 8:36 am | Retail NZ
This is still a live issue that will continue to develop over the weekend and it emphasizes how much we rely on technology and the cloud to enable us to go about our daily activities. More >>
Global IT Outage Causing Challenges For Retailers
Saturday, 20 July 2024, 4:54 am | Retail NZ
We are hearing a number of technical payment issues with supermarkets who are still trading this evening. It appears that transactions via Eftpos are completing, however contactless and credit transactions are intermittent” reports Carolyn Young, Chief ... More >>
Retailers Relieved As Inflation Slows
Wednesday, 17 July 2024, 4:52 pm | Retail NZ
We hope this will translate into a turnaround in consumer confidence and a greater willingness to support local retail businesses. More >>
Retailers Are Continuing To See Declining Sales
Friday, 12 July 2024, 12:49 pm | Retail NZ
Stats NZ’s latest Electronic Card Transactions shows a –4.9% fall in retail spending compared to June 2023. This follows a –1.6% fall in May, compared to the same month of 2023. More >>
Retail NZ Welcomes Government Focus On Retail Crime
Thursday, 11 July 2024, 2:03 pm | Retail NZ
Retail crime is a significant issue in New Zealand, impacting more than 92% of retailers. Retail NZ released a Crime Report in October 2023 that found the cost of retail crime to its members was well over $2.6 billion a year. More >>
Woolworths’ Crime Statistics Concern Retail NZ
Wednesday, 10 July 2024, 9:56 am | Retail NZ
The continuing increase in physical assaults recorded by Woolworths New Zealand is distressing but highlights the real dangers facing all retail workers, Retail NZ says. More >>
Retail Wages Show Small Increase
Thursday, 27 June 2024, 4:14 pm | Retail NZ
The average wage in retail has climbed just 2.8% in the last year, to $29.68 an hour, according to Retail NZ’s latest Wages Guide. More >>
Retail Crime Crackdown Welcome But More Needed
Thursday, 27 June 2024, 11:21 am | Retail NZ
Planned changes to the criminal justice system are welcome but don’t go far enough, Retail NZ Chief Executive Carolyn Young says. More >>
TikTok Campaign Aims To Attract Young People To Retail Careers
Wednesday, 26 June 2024, 3:14 pm | Retail NZ
An innovative social media campaign aimed at attracting young people to careers in the retail sector has launched this week. More >>
More Police Welcome But Investment Vital For Ferries
Monday, 24 June 2024, 11:36 am | Retail NZ
Retailers are pleased to see progress in putting more Police on the beat but the grounding of the Aratere raises serious concerns about supply chains for stores across the country, Retail NZ says. More >>
Silver Linings But No Quick Turnaround For Retail In Budget
Thursday, 30 May 2024, 4:05 pm | Retail NZ
“With retail crime continuing to be a huge issue for our members, we are pleased to have confirmation of plans for more Police on the beat,” Retail NZ Chief Executive Carolyn Young says. More broadly, Retail NZ hopes that bigger investment in education ... More >>
Easter Trading Policy Lapses Show Need For Law Change
Tuesday, 28 May 2024, 12:11 pm | Retail NZ
Retail NZ is pleased that Parliament is set to debate liberalising Easter trading restrictions as a result of the Member’s Bill to review Easter trading, lodged by ACT MP Cameron Luxton, being drawn from the ballot last month. More >>
Small Retail Spend Increase Not Enough To Boost Sector
Friday, 24 May 2024, 9:34 am | Retail NZ
Strong signals on controlling the cost of living, combating retail crime and improving infrastructure are on Retail NZ’s wish list for next week’s Budget announcements. More >>
