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newsJul 15, 20261:40pending

Chris Wilkinson: First Retail Group Managing Director on sluggish retail spending

About this episode

Belief sluggish retail spending is a reminder retailers need to stick to the basics.

Stats NZ says core retail spending last month was only 0.4 percent higher year on year.

Spending on clothes fell most - at 4.2-percent - its fourth straight decrease.

First Retail Group Managing Director Chris Wilkinson told Ryan Bridge retailers have to be hungry in the market, with strong retail disciplines - but he understands it's tough. 

He says rising costs and distribution has made things challenging for retailers. 

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Chris Wilkinson: First Retail Group Managing Director on sluggish retail spending

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