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Worldline - Latest News [Page 1]
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 >>
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 >>
