NZ's online consumers are in the opposite of ‘shop till you drop’ mode

NZ's online consumers are in the opposite of ‘shop till you drop’ mode
(Image: Getty)
Ella Somers
Online spending might be picking up again internationally, but the same enthusiasm isn’t being seen in New Zealand.In an e-commerce report which came out last week, NZ Post found online shopping saw a “massive” 22% drop compared with the same corresponding period last year.But the big fall in online spending isn’t just because of the consumer belt-tightening caused by the current inflationary environment.In its report, NZ Post said the first quarter of 2022 was affected by omicron’s arrival, which saw physical shop...

More Retail

The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Dairy-free deal: Otis and All Good oat milk merge
Retail

Dairy-free deal: Otis and All Good oat milk merge

The companies have their eyes on Southeast Asia.

Gregor Thompson 21 Nov 2024
iPhones can now accept payments for NZ merchants
Retail

iPhones can now accept payments for NZ merchants

Tap to pay on iPhone launches in NZ with five initial processing providers.

Ben Moore 21 Nov 2024
My Food Bag profitability up, customer numbers dip
Retail

My Food Bag profitability up, customer numbers dip

Company expects market conditions to remain challenging in the second half.

Gregor Thompson 21 Nov 2024