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14 Nov 2024 14:08
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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


    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

     Other Business News
     14 Nov: Nationalism is surging – changing the way companies do business overseas
     14 Nov: Food price inflation is continuing to ease, although some items are getting more expensive
     14 Nov: New Zealand citizen departures continue in record numbers
     14 Nov: Home prices are continuing to fall, while rental prices are back on the rise
     14 Nov: A gaming machine lobby group is pleased about a government move to bring online operators into line
     14 Nov: International tourism continues its slow recovery from pre-Covid levels
     13 Nov: ASB claims overseas economies appeal more to migrants
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    New Zealand Rugby are keeping open a gap down the blindside for a future Super draft, but the prospect is unlikely for now More...

    BUSINESS BUSINESS
    Nationalism is surging – changing the way companies do business overseas More...


     Today's News

    		 Entertainment:
    Katherine Schwarzenegger and Chris Pratt have welcomed their third baby together 14:02

     Law and Order:
    An electrician accidentally responsible for a builder's death - has had his licence suspended for two years 13:47

     Entertainment:
    Megan Fox is pregnant 13:32

     Law and Order:
    The Police watchdog's found Police were justified in fatally shooting a man in Lower Hutt's Wainuiomata in November last year 13:27

     Business:
    Nationalism is surging – changing the way companies do business overseas 13:07

     International:
    National Geographic scientists discover 'world's largest' coral on expedition to Solomon Islands 13:07

     Business:
    Food price inflation is continuing to ease, although some items are getting more expensive 13:07

     Entertainment:
    David Duchovny and Gillian Anderson didn't "speak to each other for weeks at a time" when they worked on 'The X Files' 13:02

     Health & Safety:
    Canterbury University is vowing to ensure student care is up to scratch - after an outbreak of gastro illness in university halls, affecting more than 100 12:57

     Entertainment:
    Ariana Grande has been "an incredible support system" for Normani 12:32

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