Consumer shopping satisfaction has plummeted in December, yet consumer spending remains on the rise. What about Christmas shopping leads to such an unhappiness for Kiwis?
Good Friday left its mark on Kiwis as Paymark results show retail spending jumped dramatically for the one day shopping holiday.
As Christmas steps closer every day, retailers are beginning to feel pressure from international marketplaces according to Retail NZ.
BNZ has released its latest statistics on the amount of online spending by New Zealanders compared to last year. We also look at how the leap year affected reporting.
The release of the Bank of New Zealand’s retail sale statistics show that online retail spending is up 16 percent compared to the same time last year.