Retailers reduce staff, increase online trading

Fri, 02 Oct 2020

More than 20 percent of retailers have reduced staff since April 1, and 15 percent plan to cut employee numbers during the next few months, Retail NZ said.Although 57 percent said covid was the reason for the cuts, 21 percent of those surveyed pointed to the $1.20 minimum wage increase introduced on April 1, according to the September Retail Radar report.Sales did rebound in September, with sales up 20 percent and 45 percent of retailers surveyed said sales had improved on the same time last year.Confidence also improved, with 78 percent of ret...

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