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BNZ Marketview March 2016

Total online retail spending by New Zealanders in March was up 11% on spending in March last year.

Online spending at local merchants was up 9% on March last year, slightly ahead of the 6% annual growth rate for sales at physical stores (based on Statistics NZ figures for electronic card transactions for core retail excluding hospitality).

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Kingsland Pocket Park

Following the establishment of the Alsco Pocket Park in Kingsland, Auckland recently, a laser-etched stainless steel panel displaying a QR Code has been added to link park users with Kingsland's online website, business directory, Facebook page, etc.

The next stage of development will see free wi-fi internet access made available to park users.

The park is handy to favourite Kingsland lunch spots such as Little Bird and The Baker's Cottage, amongst others.

 

BNZ Marketview February 2016

Marketview February 2016

Total online retail spending in February was up 14% compared to the same month a year ago, helped along by an extra day for the 2016 leap year. Removing the leap year effect, the growth rate drops to approximately 10%. This is slightly slower than the growth trend we’ve seen in recent months, but still a solid performance.

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