Category: Retail Trends
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, […]
Retailers must adapt, not run from online competitors
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, […]