HARDWARE & HOMEWARE SPENDING GROWTH CONTINUES

By NZHJ June 24, 2016 Retailing News

BNZ MarketView says "stunted" spending for last week is still an improvement...

Although spending reached a low last week, the latest BNZ MarketView spending stats for the week ending 19 June show a slightly more positive picture.

Last week spending on BNZ credit and debit cards still took a slight dip (negative 0.05%), although there was some activity in the market with transactions +0.53% on the same week last year.

Best news though was that Hardware & Homeware spending was up again (+7.4%), behind Department Stores (+9.3%) but ahead of Bars, Cafes & Restaurants (+6.6%).

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