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14 Nov 2024 19:39
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      Home > News > Business

    Hopes prolonged challenges stressing retailers - will start easing next year

    Hopes prolonged challenges stressing retailers - will start easing next year

    12 November 2024
    New Stats NZ Electronic Card transaction figures show spending fell year on year in October by 1.1 percent.

    It fell 5.6 percent annually in September.

    Retail NZ Chief Executive, Carolyn Young, says 70-percent of survey participants didn't meet sales targets in the July-to-September quarter.

    But Young says they're hoping 2025 will be stronger - and the challenge is the time between now and next year's first quarter.

    © 2024 Newstalk ZB, NZCity


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