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Worldline - Latest News [Page 1]

Low Spending Growth In 2024 Shows Consumers Still Adjusting To Inflation And Post-Covid Economy

Monday, 13 January 2025, 2:59 pm | Worldline

Annual figures released today by Worldline NZ show consumer spending growth in 2024 was the slowest it’s been in half a decade. Consumer spending through Core Retail merchants (excluding Hospitality) in Worldline NZ’s payments network reached $36.30B ... More >>

Boxing Day Spending Up On Last Year, But Pre-Christmas Spending Is Slightly Down

Friday, 27 December 2024, 12:29 pm | Worldline

Consumer spending processed through all non-food Core Retail merchants (ie. Core Retail excluding Hospitality, Food and Liquor) in Worldline NZ’s payments network on Boxing Day reached $67.7m, which is up 13.1% on Boxing Day 2023. More >>

Worldline NZ Update | Christmas Eve Officially The Busiest Shopping Day Of 2024

Tuesday, 24 December 2024, 3:43 pm | Worldline

This year, Christmas Eve has taken out the title of 'Busiest Shopping Day of the Year', with the peak hour for transactions (607,299) recorded between 12.00 – 1.00pm today. More >>

In The First Week Of Christmas, We Started Stocking Up

Thursday, 12 December 2024, 11:27 pm | Worldline

Consumer spending processed through all Core Retail merchants (excluding Hospitality) in Worldline NZ’s payments network during the first full week of December reached $818m, which is up 3.8% on the same week of December 2023. More >>

Another Busy Black Friday Weekend For Kiwi Retailers But Patterns Were Mixed Across NZ

Monday, 2 December 2024, 1:47 pm | Worldline

“Black Friday was clearly a big deal for retailers this year. The number of transactions jumped 17% between the previous three-day weekend and the Black Friday weekend,” says Proffit. More >>

Spring Brings More Consumer Spending, But Patterns Remain As Variable As The Weather

Friday, 4 October 2024, 7:31 pm | Worldline

Worldline NZ’s Chief Sales Officer, Bruce Proffit, says the decline for the month exaggerated the trend as the extra two days in 2024 were the typically weak trading days of Sunday and Monday. More >>

Spending Patterns Look Up As Tough Winter Ends

Sunday, 15 September 2024, 11:04 pm | Worldline

August saw the end of the typical winter spending slump and the start of a rising spending pattern that usually runs into Christmas, giving retailers hope that a pickup in annual spending growth is also imminent. More >>

Winter Spending Woes Persist For NZ Retailers

Monday, 5 August 2024, 8:46 am | Worldline

The slow retail environment seen across New Zealand with the onset of winter in June continued throughout July amongst Worldline NZ’s Core Retail merchants, while the Hospitality sector saw a small boost during the school holidays. More >>

Matariki Long Weekend Shines Some Light For Retailers At The End Of A Gloomy June

Wednesday, 3 July 2024, 6:23 pm | Worldline

Data released by Worldline NZ today shows consumer spending through Core Retail merchants (excluding Hospitality) in its payments network reached $2.79B in June 2024, which is down -2.3% from June 2023. More >>

The Spending Squeeze Continued In May For Retail Merchants, But Consumers Still Made Time For Mum

Saturday, 8 June 2024, 6:54 am | Worldline

Spending through Core Retail merchants in Worldline NZ’s payments network increased over May but the situation remains challenging overall for retailers with spending continuing to track below year-ago levels for most sectors. More >>

April Was Another Tough Month For Retailers But Slight Improvements Are Showing In Some Sectors

Friday, 3 May 2024, 2:30 pm | Worldline

Data released by Worldline NZ today shows consumer spending through Core Retail merchants (excluding Hospitality) in its payments network reached $2.89B in April 2024, which is down -1.8% on April 2023. More >>

Consumer Spending Growth Remains Slow, But Easter Spending Up On Last Year

Thursday, 4 April 2024, 1:57 pm | Worldline

AUCKLAND, 4 April 2024 – Weak spending growth amongst Core Retail merchants in Worldline NZ’s payments network in March suggests Kiwi consumers are still grappling with tight budgets, although they did spend more over Easter this year than last ... More >>

Mixed Spending Patterns In February Show Continuing Adjustment To Higher Cost Of Living

Tuesday, 5 March 2024, 3:59 pm | Worldline

Consumer spending patterns through Worldline NZ’s payments network were mixed in February with some merchant groups up and others down, but the overall trend still indicates slowing growth due to the higher cost of living. Data released by Worldline ... More >>

Summer Holiday Hospitality Spending Down On Last Year, Despite Fewer Weather Disruptions

Friday, 2 February 2024, 11:07 am | Worldline

While the New Year started with a modest overall rise in consumer spending at Core Retail merchants, spending in the Hospitality sector over the busy summer holiday period in January ran below year-ago levels. Data released by Worldline NZ today ... More >>

Consumer Spending And Retailers’ Hopes Lift In Final Run Up To Christmas

Friday, 22 December 2023, 6:15 pm | Worldline

AUCKLAND, 22 December 2023 – Consumer spending increased in the third full week of December, lifting both the month-to-date annual growth rate and the hopes of retailers, as expectations rise for Friday and Saturday to be the busiest shopping days of the ... More >>

Second Week Of Christmas Shopping Season Brings More Cheer For Retailers

Friday, 15 December 2023, 7:42 pm | Worldline

Hospitality sector also sees boost in business as peak party season approaches AUCKLAND, 15 December 2023 – Consumer spending increased in the second full week of December bringing some much-needed cheer to merchants within both the Core Retail and Hospitality ... More >>

Pre-Christmas Spending Build Up Begins, But Patterns Are Mixed Across Retail Sectors

Friday, 8 December 2023, 4:33 pm | Worldline

AUCKLAND, 8 December 2023 – Consumer spending patterns were mixed in the first full week of December, with pre-Christmas shopping up for Food & Liquor, but down across most other retail sectors. Consumer spending processed through all ... More >>

Consumer Spending Growth In October Was Weak, Both Before And After The Election

Friday, 3 November 2023, 11:33 am | Worldline

AUCKLAND, 3 November 2023 – Consumer spending data released by Worldline today shows annual spending growth continued to be weak in the first two weeks of October and remained so in the last two weeks of the month following the 14 October general ... More >>

Retail Spending Growth Slides In September

Wednesday, 4 October 2023, 8:45 am | Worldline

Consumer spending data released by Worldline today shows annual spending growth was relatively slow at the start of September, most noticeably in Auckland, but weakened across the country by the end of the month. Consumer spending processed through all ... More >>

Father’s Day Gives A Boost To Spring Spending As Retail Merchants Put Weak Winter Behind Them

Wednesday, 6 September 2023, 9:20 am | Worldline

Consumer spending has generally been weak and merchant conditions tough over the winter months, according to Worldline spending transaction data released today, although spring has started well as Kiwis spent up for their dads. Consumer spending in August ... More >>

 

 
 
 
 
 

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