Retail sales in New Zealand have ramped up to records levels from March through to June, rising by 2.3 percent. Statistics New Zealand says this is the biggest boost recorded in retail sales since December 2006.
Mother's Day isn't quite on the same scale as Christmas or Boxing Day sales, but it's promoted just as heavily as some of the bigger retail events. So how do sales fare on the big day? We looked at data from retail management software firm Vend to find out.
With the latest Star Wars instalment set to hit cinemas at midnight tonight, fans are abuzz with excitement about the film. However, despite cinema websites crashing and sold out screenings, many believe retailers are the ones that will benefit the most from the hype surrounding The Force Awakens. Sales of Star Wars products at New Zealand stores have soared in December.
The weather is known to have an effect on retail sales, but it’s hard to measure just how big of an impact the changing of seasons really has. We talked to senior economist Benje Patterson about the economical effects of New Zealand’s often turbulent weather patterns.