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Retail NZ Welcomes Spending News
Retail NZ Welcomes Spending News
Retail NZ has
welcomed news from Paymark that consumer spending has
increased by 4.3 per cent in the first two weeks of
December, compared to the same period last
year.
“Most retailers have had a slow start to
December, but with 10 days before Christmas, it’s good
news that spending is starting to pick up,” Retail NZ
Chief Executive Mark Johnston said today.
“The slow
December to date is likely the result of bad weather around
the country, economic uncertainty around future dairy
payouts and increasing numbers of New Zealanders shopping on
offshore websites. As the weather hopefully improves around
the country over the next 10 days, we’re increasingly
expecting a last-minute surge in sales as people complete
their Christmas shopping.
“I’m encouraging
everyone to beat the rush and get their shopping wrapped up
now, as well as to buy from local websites and shops over
the next 10 days. For those needing inspiration, Retail
NZ’s #BuyNZXmas campaign has some great gift suggestions
for hard to reach friends and relations. If you need ideas,
check out our blog at http://retailnzblog.wordpress.com”.
ends
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