Retail and hospitality small to medium sized businesses are growing at a faster pace than other sectors in the SME space, yet with that comes extreme competitive pressure. Of the retail and hospitality SMEs surveyed for the MYOB Business Monitor, 44 percent experienced a jump
Spending power has improved for the Kiwi consumer over the past year with interest rates at record low levels. Business commentator Warren Head picks apart the factors affecting retail shoppers, and takes a look at how Briscoe Group has remained so competitive.
Since 2010, the overall level of retail prices in New Zealand has essentially been flat. That’s a big change from preceding years when retail prices were rising by around two percent annually. Westpac senior economist Satish Ranchhod explains why this is happening.
Westpac senior economist Satish Ranchhod warns that while retail spending has been holding up well, New Zealand may still be hit by the financial effects of a drought over summer.
Retail experts from New Zealand banks, consultancies and intelligence firms take a guess at what 2016 will bring. Here are Stephen Bridle from Marketview; Christina Leung of NZIER; Andrew Jamieson at PwC and Paul Keane from RCG.
We asked some of New Zealand's top retail analysts and experts to tell us what 2016 will bring. Today, here's Matt Nolan from Infometrics; Mark Johnston from Retail NZ and Satish Ranchhod of Westpac.