Spending habits are changing with Kiwis spending more on Black Friday than Boxing Day - News Summed Up

Spending habits are changing with Kiwis spending more on Black Friday than Boxing Day


New Zealand shoppers spent $100 million more on Black Friday than Boxing Day in 2019. New Zealanders spent $149.8m on Boxing Day, traditionally one of New Zealand's busiest shopping days, according to eftpos provider Paymark. For core retailers, excluding food and hospitality retailers, this year's Boxing Day results depended on the particular market they operated in. Underlying spending for the key group of merchants was 0.4 per cent below Boxing Day last year. Liquor stores were the big winners with a 14.2 per cent increase in spending on Boxing day, followed by supermarkets that saw a 5.1 per cent increase in spending from the same day last year.


Source: Stuff December 26, 2019 23:03 UTC



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