Going against the seemingly never ending ‘retail apocalypse’, Stats NZ have shone some light on retail growth in Hastings with their latest trade statistics.
As part of our series on retailing in Heartland New Zealand, the Little Red Bookshop in Hastings owner Siobhan Mccormack discusses retailing as an independent bookshop in a provincial town and the highs and lows that come with it.
Retail occupancy in Hastings has reached its lowest level in 15 years according to a survey by property value and advisors Logan Stone. The firm says the dismal occupancy is due to stores going out of business or relocating to outside of the central business district. It also flagged a “lack of interest” in main-street retailing.