There's a cautious optimism for Christmas spending, with a mixed result for retailers this Black Friday weekend

Worldline data reveals Kiwis spent 175.6 million dollars over the three-days - about the same as 2023.

Consumer spending on retail reached 3.2 billion dollars this November, down 0.4 percent annually.

Chief Sales Officer Bruce Proffit says expectations were higher for November spending.

He says it means it'll likely be slightly better this December.