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Car sales zooming ahead in 2017

  • News
  • May 15, 2017
  • Sarah Dunn
Car sales zooming ahead in 2017

Car sales have surged in the first quarter of 2017 driving an increase in total retail trade sales, says Stats NZ.

New Zealand's motor vehicle industry had record 5.9 percent increase in the March 2017 quarter after adjusting for inflation, and accounted for more than half the increase in total retail sales volume for the quarter. This is the largest quarterly increase since Stats NZ's Retail Trade Survey began.

The total retail sales volume was up 1.5 percent in the latest quarter. In actual terms, the value of total retail sales for the March 2017 quarter was $21.5 billion. 
The two other high performers driving this increase were food and beverage (up 3.5 percent) and electrical and electronic goods (up 5.3 percent). Performing less well were department stores; recreational goods retailing; hardware, building and garden supplies; specialised food retailing (excluding liquor) and supermarket and grocery stores. Fuel retailing had the largest fall at 3.4 percent down, followed by specialised food (down 2.7 percent) and supermarkets and grocery (down 1.5 percent).
 
“Car sales have shown consistent growth over the past year, with higher sales of both new and used vehicles in a buoyant market," senior business indicators manager Neil Kelly said.
"The demand for cars may reflect New Zealand's growing population, with net migration remaining at record levels into 2017, and the relatively low cost of new vehicles."

In actual numbers, New Zealand Transport Agency figures show increases for registrations of passenger vehicles – up 12 percent in the March 2017 quarter from the same period in 2016.
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Direct sales: How multi-level marketing works

  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: How multi-level marketing works

The $200 million-plus direct sales economy contains many lessons retailers can use. As part of a wider look at this thriving corner of retail, we created a quick explainer showing how this business model typically works.

Read more
 
 

Direct sales: Meet the upliners

  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: Meet the upliners

We profiled different participants in the direct sales industry to find out what retailers can learn from them. Meet Isagenix distributors Adam Nesbitt and Bianca Bathurst.

Read more
 
 

Direct sales: Meet the business builder

  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: Meet the business builder

As part of a wider story looking at what retailers can learn from the direct sales industry, we profiled Isagenix distributor Ben Frost.

Read more
 

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Is the $200 million-plus direct sales economy retail by another name or something different? Regardless, what can we learn from it?

 
 

A spectrum of retailers

  • Opinion
  • April 18, 2019
  • David Farrell
A spectrum of retailers

In recognition of April being Autism Awareness Month, retail commentator Dave Farrell considers the role of those on the spectrum in retail.

Read more
 

How on-trend is your retail business?

  • Sponsored Content
  • April 18, 2019
  • Sponsored content
How on-trend is your retail business?

New insights from Visa highlight five evolving trends emerging from savvy retailers around the world. We’ve taken these global trends and looked at how they are playing out with merchants in New Zealand, and we’d now like to hear what you think of them.

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