NZ Online Retail Sales: Monthly update and Q&A with Might Ape

Media Release
Bank of New Zealand

BNZ and Marketview’s latest monthly report on New Zealand’s Online Retail Sales - CLICK TO DOWNLOAD PDF.

The special feature in this month’s report is a Q&A with Mighty Ape (one of New Zealand’s local online success stories), covering a range of key online retailing issues.

Key figures for February online retail sales
• Total online retail spending was up 9% on February last year – a solid result, nearly back to double-digits.

• Online purchases at domestic merchants in February were up 6% on the spending levels a year earlier, which is similar to the growth in spending at physical stores.

• Spending at international sites was up 13% on the level we saw in February last year. The growth rate has eased in recent months, but remains double that of online sales at domestic retailers.

ENDS