Retailers enjoy a Boxing Day bonanza

Wed, 26 Dec 2018

By Jenny Ruth Dec. 27 (BusinessDesk) - Boxing Day shopping proved to be another bonanza for retailers with spending through non-fuel merchants jumping 11.2 percent on the day compared with last year. The 2.5 million transactions that day through Paymark, which accounts for more than 75 percent of electronic transactions, were worth a combined $139.5 million. The biggest spenders were in Whanganui, up 24.2 percent, and Gisborne, up 21.4 percent while those in Nelson were relatively parsimonious with a 7.2 percent increase in spending. T...

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