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Retail Stocks

Started by LaserEyeKiwi, Jun 27, 2022, 01:23 PM

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Waltzing

AUS is shopping apparently retail sales in the land down under will be interesting to 31 march 2026..

https://www.interest.co.nz/economy/134792/financial-markets-broad-shallow-retreat-led-commodities-canadian-inflation-lower

Waltzing


LaserEyeKiwi

Quote from: Waltzing on Sep 04, 2025, 05:26 PMunemployment not at its peak YET? its got to be rates cuts and damn the Vissles....

https://www.interest.co.nz/property/135033/cotality-says-caution-dominates-housing-market-and-its-unlikely-people-will-be

I dont know why anyone is surprised the property market is still in the dumps, even if rates go lower still there are wide swaths of people that arent going to be buying while the government is still threatening large job cuts.

They should have just done massive cuts in first year and said thats it they are done cutting, at least then the 80-90% of workers that remained would be confident there jobs were secure and resume spending and buying property as they please.

The "not knowing" is simply wrecking the property market.

Waltzing

It was reported recently they are concerning increasing taxes.. well if labour comes in they will be huge,,. hide your wine bottles..  boats... anything that can be valued...More government jobs than before apparently...

its a council and government departs blow out and every other commission for this and that...

retail sales is being supported by ever increasing government spending.. a roger D moment coming ??

Farming exports saving the day apparently...

winner (n)

Retailwatch report show NZ sales for month of August up 5.7% on August last year. That's pretty good ....consumers starting to spend more.

In store sales up 3.9% ...online domestic up 8.4% and online offshore up 18.6%

Split of channel is instore 80% online domestic 8% and online offshore 12%

That online offshore is a growing channel ...not what NZ retailers want to hear what that's how the world of retailing is changing and they need to adapt .

winner (n)

Quote from: LaserEyeKiwi on Jul 22, 2022, 07:11 PMWeekly Update:


You cannot view this attachment.

Came across this

Things have changed a lot

A couple of winners ...the others big losers

winner (n)

Love headlines along the lines of household wealth has increased by 33% from June 21 to June 24

Jeez you'd thingbthe so called 'wealth effect' would have resulted in pretty good retail sales 

Otago K

Quote from: winner (n) on Oct 01, 2025, 08:22 AMLove headlines along the lines of household wealth has increased by 33% from June 21 to June 24

Jeez you'd thingbthe so called 'wealth effect' would have resulted in pretty good retail sales 

Yeh maybe it just doesn't quite feel like cash these days??

Basil

Quote from: Otago K on Oct 01, 2025, 09:23 AMYeh maybe it just doesn't quite feel like cash these days??

https://www.rnz.co.nz/news/business/574634/what-you-need-to-be-among-new-zealand-s-richest-people
I have some doubts about these statistics.  Statistics dept says net average wealth has improved a lot in 2024 since 2021 because of house price increases.  I think we all know that 2021 was the peak for house prices.  I think many people have seen the value of their main asset falling and gone into their shell with spending on major items.  Certainly high value discretionary items like boats and campervans are still very slow sellers.  I suspect those that do have serious money to spend are pretty cautious, especially after that shock 0.9% negative GDP report the other day.  RBNZ, in my opinion need to stump up and try and lead the economy out of the years long recession since Covid hit and cut 50 bps next week. 

winner (n)

Retailwatch report September sales in NZ were UP 5.8% on September last year

In store sales +4.2% and online +8.8%

Things seem to be turning for the good in retail land .....no need for any more rate cuts

Waltzing

#700

winner (n)

RetailWatch sales data for October month.

Total sales +2.8% v last year
Online Domestic +12.9%
Online offshore +13.1%
Instore +0.8%

Online makes up about 18% of total sales.

Possibly shows why physical stores are struggling

Waltzing

good news then or shows how bad last year was...


Fiordland Moose

From the AFR: Amazon, Temu, Shein to control a third of online retail by next year (Australia). Paywall removed.

https://archive.ph/20251117050643/https://www.afr.com/companies/retail/amazon-temu-shein-to-control-a-third-of-online-retail-by-next-year-20251114-p5nfjy

Copy and paste whole hyperlink above into browser to view - cant click and view for some reason