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Worldline - Latest News [Page 1]
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 >>
Consumer Spending Lifts Slightly Over The Holidays But Quickly Returns To The Winter Norm For Retailers
Wednesday, 2 August 2023, 4:08 pm | Worldline
Consumer spending through Worldline NZ’s payments network lifted a little across New Zealand ahead of the Matariki long weekend, but otherwise Kiwi retailers continued to face tough trading conditions in July. Consumer spending at Core Retail merchants ... More >>
Retailers Toughing Out The Winter Months As Kiwis Spend More On Food But Less On Other Things
Friday, 7 July 2023, 5:33 pm | Worldline
AUCKLAND, 7 July 2023 – Data on consumer spending processed through Worldline NZ’s payments network in June show Kiwi retailers continued to face tough trading conditions as winter began, although the trend did not worsen during the month. Consumer ... More >>
Holidays And General Belt Tightening Lead To Slow Spending Growth In April
Wednesday, 3 May 2023, 8:20 pm | Worldline
With April 2023 marking the first full year since Covid restrictions in New Zealand were dropped, consumer spending figures reveal that the annual growth rate is indeed low and weakened even further towards the end of the month. Consumer spending in ... More >>
Consumer Spending Reaches New Highs For The Month Of March As ‘normality’ Returns
Wednesday, 5 April 2023, 11:47 am | Worldline
AUCKLAND, 5 April 2023 – A month relatively uninterrupted by extreme weather events enabled consumers across New Zealand to get out and increase their spending in March, but retail conditions remain challenging, says Worldline NZ. Consumer ... More >>
Damp Start To The Year For Consumer Spending
Friday, 3 February 2023, 6:21 pm | Worldline
The stormy weather events that occurred across New Zealand in January led to a drop in consumer spending in several regions at those times and may have dampened spending more generally over the month – but a weakening pattern suggests wider economic ... More >>
Pre-Christmas Spending Is Up, But Patterns Are Mixed Across Sectors And Regions
Wednesday, 14 December 2022, 8:59 am | Worldline
New figures released by Worldline NZ today show consumer spending in the third week before Christmas Day was higher than the same time last year, but spending patterns were mixed across merchant sectors and regions. Consumer spending through Core Retail ... More >>
Consumer Spending Not As Weak As Feared
Wednesday, 5 October 2022, 11:33 am | Worldline
While recent consumer confidence surveys have forecast a drop in consumer spending, figures released by Worldline NZ today show that spending growth is actually continuing, albeit barely above the inflation rate. Consumer spending through Worldline NZ’s ... More >>
Kiwi Consumers Are Spending About The Same As Last Year, But Getting Less For Their Money
Tuesday, 5 July 2022, 11:11 am | Worldline
AUCKLAND, 5 July 2022 – New consumer spending data released by Worldline NZ today suggests Kiwis are spending about the same as they were a year ago but getting less for their dollar – while the first Matariki long-weekend provided a welcome boost ... More >>
NZ’s Tough Retail Environment Persists As Spending In May Barely Tops Year-ago Levels
Thursday, 2 June 2022, 4:38 pm | Worldline
Consumer spending figures released by Worldline today show the current tough environment for Kiwi retailers persisted in May. Consumer spending at Core Retail merchants (excluding Hospitality) in Worldline NZ’s payments network reached $2.873B in May 2022, just ... More >>
Another Busy Easter For Core Retailers, While Hospitality Sector Builds Momentum
Wednesday, 20 April 2022, 11:07 am | Worldline
Consumer spending through core retail merchants (excluding Hospitality) in Worldline’s payments network reached $652.6m for the seven days up to Easter Monday (18 April). This was 12% up on the same period in 2019, and similar to the growth seen during ... More >>
Hospitality Sector Spending Takes Gradual Steps Up In March As Border Rules Change
Tuesday, 5 April 2022, 4:35 pm | Worldline
As several changes to New Zealand’s border rules came into effect in March, spending in the Hospitality sector rose gradually but steadily across the nation. Data released by Worldline today shows that spending through Hospitality merchants increased steadily ... More >>
