A new report from JLL says almost 255-thousand square metres of new retail space is needed over the next five years, to meet demand.

It says Kiwi consumers still value in-store shopping, despite the rise of online shopping.

Retail NZ's Ann-Marie Johnson says told Ryan Bridge this shows there's a positive future for retail following a tough period for the industry.

She says we've been through cycles like this before - and it will eventually end.

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