What’s happening in the retail sector?
Find out with Retail Radar, our quarterly research report. It’s useful for:
- Getting a snapshot of the sentiment of Kiwi retailers.
- Identifying future expectations of sales, inflation, and employment intentions.
Retail Radar report on the second quarter of 2024:
Tough trading conditions persist into winter
Slow sales and uncertainty are continuing to dog the retail sector, with low consumer confidence and rising costs impacting customers’ willingness to open their wallets.
71% of retailers reported they did not meet sales targets for the quarter, a significant increase from 64% in the first quarter.
This report also takes a closer look into staffing levels around the retail sector.
We welcome all feedback on Retail Radar – if you have any comments or questions please email: [email protected].
