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A recent survey has revealed that most of New Zealand’s retailers are pessimistic about the future outlook of their business.
At the end of a slow summer of trading, New Zealand retailers are not feeling positive about their business prospects as they head into winter, according to the latest Retail Radar quarterly survey of Retail NZ members.
The March retail sales figures show further decline in the sector as Stats NZ reported a 3% decline in the month of March.
The Member’s Bill to review Easter trading, lodged by ACT MP Cameron Luxton, has been drawn from the ballot today.
New Zealand retailers are reportedly confident about their prospects for the remainder of the year despite prevailing adverse economic conditions.