ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Easter may bring hope for some struggling businesses

Author
Newstalk ZB,
Publish Date
Thu, 28 Mar 2024, 9:24am
Photo \ Getty Images
Photo \ Getty Images

Easter may bring hope for some struggling businesses

Author
Newstalk ZB,
Publish Date
Thu, 28 Mar 2024, 9:24am

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 

Take your Radio, Podcasts and Music with you