Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Summer Retail Spending Increase in Kaikohe

Summer Retail Spending Increase in Kaikohe

Kaikohe, February 12th 2014 - The Kaikohe Economic Development Group is pleased to release figures today showing an increase in retail spending and volume of transactions in Kaikohe over summer. Figures obtained from Market View Limited on Paymark transactions show that retail spending in Kaikohe in December 2013 was up 12.5% from December 2012 and the volume of transactions up 10.3%. On the basis of this surface information, the Kaikohe Economic Development Group intends to dig deeper and do a wider sweep of the area to make sure they have all the retailers and run a more precise check. The next set of data will include all merchants (not just the ones on Paymark) and will likely include some merchants that aren’t currently in the Market View system. This added layer of information will show the group where the growth in the retail market is really happening and what areas aren’t doing so well. As a subcommittee of the Kaikohe Business Association, the Economic Development Group has a goal to increase the economic inflows into the community and decrease the economic outflows. The group is working with everyone it can to attract industry, support existing businesses, increase visitors and work with the community to create new and sustainable jobs in Kaikohe.

https://sites.google.com/site/kaikohebusinessassociationinc/home

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Scoop Business: NZ-Korea FTA Signed Amid Spying, Lost Sovereignty Claims

A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president, Park Geun-hye. More>>

ALSO:

PM Visit: NZ And Viet Nam Agree Ambitious Trade Target

New Zealand and Viet Nam have agreed an ambitious target of doubling two-way goods and service trade to around $2.2 billion by 2020, Prime Minister John Key has announced. More>>

ALSO:

Scoop Business: NZ Economy Grows 0.8% In Fourth Quarter

The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand for real estate services. More>>

ALSO:

Scoop Business: RBNZ’s Wheeler Keeps OCR On Hold, No Rate Hikes Ahead

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where “neutral” interest rates should be. The kiwi dollar gained. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news