Author: Marketview
For a number of months, even years, takeaways have become a mainstay of the top growth categories in our weekly and monthly consumer spending report. What could have been a short term trend has turned into a long term expectation, as takeaways continue to beat their already high consumer spending results. Over the last 12 […]
The economic news of the last month have been dominated by the first murmurings of action from global policy makers, which will lead to a higher interest rate environment for at least the next 3-5 years. Interest rates have a huge impact on the local consumer and their ability to spend – or rather their […]
The first term school holidays this year look to have been a relatively quiet affair, despite once again including more trading days than last year. Total spending over the 16 day Saturday-Sunday period (illustrated in the chart below) increased 1.5%. This was largely a result of the inclusion of Easter Sunday last year – a […]
This quarter our MD, Stephen Bridle, responds to the government’s recent announcement of the ‘Amazon Tax’, and what it will mean for the currently challenged retail environment. Earlier this week the government announced its intention to collect GST on all goods purchased online from overseas merchants. While praised by retailers and those in the industry, […]
2018 got off to a relatively healthy start for consumer spending, up 2.4% on the same period a year prior, while transactions increased 3.5%. When excluding fuel and automotive spending, spending growth only fluctuated slightly to 2.1%, suggesting fuel prices are no longer playing the role in consumer spending growth that we saw in 2017. […]
Easter is traditionally a big long weekend for spending, as retailers and consumers alike take advantage of the opportunity for a sale. Incorporating two non-trading days (in most areas) also means the inevitable frenzy on supplies as Kiwis stock up for family road trips. This month, we are only measuring spending over the first half […]
As of this year, the final wave of the Kiwi Millennial generation will be the first to qualify for a year of free tertiary education under the new Labour government. With the average student loan now $21,000, new tertiary students are cutting down a potentially huge financial burden, and adding to their weekly disposable income […]
Since the beginning of 2017, we have seen overseas department stores facing a number of challenges. Early last year, well known U.S. department stores J.C. Penney, Sears and Macy’s all announced plans to close hundreds of stores. On top of closures, Macy’s has been expanding their discount format in place of full price offerings, […]
With Christmas and New Year out of the way, many Kiwis take the first week or two of January to enjoy the sunshine and head off on holiday. We wanted to take a look at where the top spots were around the country, and how Kiwis were spending their money on their summer roadies. KIWIS […]
Budget 2018: Provincial funding to benefit local retailers
May saw the 2018 Budget announced, the first for this Labour led government. We took a look at what this may mean for both the supply and demand side of consumer spending, as targeted funding pumps new money into the regions. In Budget 2018 the government put aside $1 billion dollars for a new Provincial […]