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14 Nov 2024 11:08
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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: 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
     13 Nov: Overseas visitor arrivals have risen 463-thousand annually to September - reaching 3.23 million
     13 Nov: Falling interest rates and rising unemployment are likely to shape the housing market in the year ahead
     13 Nov: More people are selling their homes at a loss
     Top Stories

    RUGBY RUGBY
    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
    Home prices are continuing to fall, while rental prices are back on the rise More...


     Today's News

    		 Rugby:
    New Zealand Rugby are keeping open a gap down the blindside for a future Super draft, but the prospect is unlikely for now 11:07

     Entertainment:
    A man accused of supplying drugs to Liam Payne before his death has insisted he "never" gave him narcotics 11:02

     International:
    Donald Trump and Joe Biden meet at White House to discuss transition of presidential power 10:57

     Golf:
    Golfer Steve Alker wants to keep playing professionally until he's 60 after winning a second season-long crown on the PGA Champions Tour 10:47

     Politics:
    The NZ government’s plan to withhold COVID inquiry findings until 2026 leaves the country ill-prepared for the next pandemic 10:37

     Entertainment:
    Olivia Williams has lost her inhibitions since being diagnosed with cancer 10:32

     National:
    Orbital by Samantha Harvey wins the 2024 Booker prize – a short but powerful story urging us to save the planet 10:27

     Accident and Emergency:
    People last seen running away from a suspicious house fire in Hastings, are being sought by Police 10:27

     National:
    ‘Catastrophic declines’: massive data haul reveals why so many plants and animals suffer after fire 10:17

     National:
    Thousands of corporate lobbyists are at the UN climate summit in Baku. But what exactly is ‘lobbying’ and how does it work? 10:07

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