The resurgence of the various central business districts throughout New Zealand is never more prevalent than at present.
Savvy retailers are avoiding high rents in New Zealand’s premium shopping areas by squeezing into shop spaces as small as toilets. Called ‘micro-retailing’, the trend has swept across the US and Europe and is now taking off in a big way within New Zealand’s cities.
A Hamilton cake shop and 2015 Top Shop Awards winner called The Girl on the Swing has swiftly exited Hamilton’s CBD, following problems with graffiti, vomit outside its store and “intimidation”. It still will continue to run its original store across town in Chartwell.
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Multi-million dollar precincts underway in Christchurch are galvanising smaller players to become a part of the action. Peter Guthrey of Guthrey Holdings is seeking expressions of interests for a 2000 square metre site next to Ballantynes in the Christchurch retail precinct.