Retail facts

• 30,000+ businesses employ 230,000+ Kiwis across 37,000 stores
• Retail contributes around $120 billion a year to the NZ economy, including $6 billion in online sales. This represents 7% of GDP
• Whatever you want to buy – groceries or books, hair cuts or bikes, coffee or plants, latest tech or knitting, retail is weaved into communities.
• $213K spent per minute on purchases
• Average net margin under 4% – just 80 cents profit for every $20 spent

Our sector represents