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Carolyn Young: Retail NZ CEO on the state of the retail sector and the impact of Easter

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Manage episode 409142211 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Easter break could see the retail sector get a much-needed boost.

The sector has seen eight quarters of declining sales, kiwis tightening their spending as the cost-of-living crisis continues.

Retail NZ’s CEO Carolyn Young told Mike Hosking that 85% of stores are struggling, 15% doing okay.

She said that small pockets of businesses will be doing well over the weekend, those with exemptions to the Easter trading regulations.

Regional areas for example, Young said, will have higher and more consistent trading as they’re going to be open all weekend versus other stores that are closed for Friday and Sunday.

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See omnystudio.com/listener for privacy information.

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4811 episodes

Artwork
iconShare
 
Manage episode 409142211 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Easter break could see the retail sector get a much-needed boost.

The sector has seen eight quarters of declining sales, kiwis tightening their spending as the cost-of-living crisis continues.

Retail NZ’s CEO Carolyn Young told Mike Hosking that 85% of stores are struggling, 15% doing okay.

She said that small pockets of businesses will be doing well over the weekend, those with exemptions to the Easter trading regulations.

Regional areas for example, Young said, will have higher and more consistent trading as they’re going to be open all weekend versus other stores that are closed for Friday and Sunday.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

4811 episodes

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