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Incredible Retail

11 months ago

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

  • different products, financial positions, size, scale and location
  • independent and family-owned operations, e-commerce, franchises, co-operatives and corporates
  • the entire geography of New Zealand
  • Aotearoa’s diverse population through ownership, operations and employment
  • flexible and dynamic career opportunities
  • wage rates well above Minimum Wage on average
  • endless opportunities for entrepreneurs to build, develop and grow businesses
  • every day essentials for communities across Aotearoa
  • thriving main streets, markets, malls, and e-commerce
  • support for local communities through time, skills, and donations
  • protecting Aotearoa, for future generations
  • working towards the circular economy, and zero carbon aims of Aotearoa
  • meeting consumer expectations and attitudes for sustainability practices
  • adding value to operations and supply chain by embedding sustainability into everyday practices
  • moving to report sustainability measures and targets

Join Retail NZ today and be part of New Zealand’s leading retailing community. Check out the benefits of joining Retail NZ here.

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