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14 Nov 2024 10:04
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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

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     Top Stories

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    New Zealand Rugby are keeping the door ajar over a future Super draft but the prospect is unlikely for now More...

    BUSINESS BUSINESS
    A gaming machine lobby group is pleased about a government move to bring online operators into line More...


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     Entertainment:
    Luke Evans came out as gay to Gemma Arterton and she "had his back" when he felt under pressure to keep his personal life secret 8:02

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