Kiwis flock to shops on Boxing Day, Paymark figures show

Wed, 26 Dec 2012

Dec. 27 (BusinessDesk) - New Zealanders spent 13.4 percent more on Boxing Day than they did a year ago, the first double-digit growth in sales for five years, Paymark says. There were more than 2 million transactions and sales rose by $14.2 million to $120 million, according to Paymark, which processes 75 percent of the nation’s electronic transactions. “The queues and traffic outside the malls around the country yesterday were anecdotal evidence of this,” said Paymark head of sales and marketing Paul Whiston. The traditional post-Christma...

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