Retail Stocks

[Shareguy]

Bodes well for KMD. Australia doing well too.  Interesting booze down. Hospitality up.

[winner (n)]

October Electronic Card Spend Stats NZ

Seems the COL crisis only affected a few -- retail sales more than solid

Total October sales up 1% from Sept (seasonality adjusted)

October sales were 20% higher than last year -- that's pretty good

Durables a de facto measure of discretionary spend -- up 16% for month v pcp and current level of sales way above pre-covid trend
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Love this chart

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[Waltzing]

Dont you just love it !!!

https://www.stuff.co.nz/national/politics/opinion/130582868/the-covid-reckoning-is-overdue--and-the-team-of-five-million-is-being-asked-to-wear-the-cost-again

https://www.youtube.com/watch?v=25-8el1FLzo

BOOM..... looks like some people dont dont dont want to wear it!!! Did Mr O just get K'Od!!!

Hopefully its a HOT HOT summer...

https://www.youtube.com/watch?v=ikgpaT5_XXY

Glasson sales ? well a fashion designer in Aus says its store are ragging...

[Jay]

At Sylvia Park last Friday
Busy as for a week day (though it was "Black Friday"), and Glassons very busy, Hallensteins not so much.

Do a lot of people take the day off?? I did, to do some Xmas shopping without the children around!

[winner (n)]

In the seven days ended November 26, shoppers spent $350m. That was down 9.5 per cent on last year

https://www.nzherald.co.nz/business/...KX7SGQ36HPZRE/

[Basil]

Extract "Clothing, footwear and personal accessory retailers saw spending rise 5 per cent compared to last year's Black Friday week".  Good for HLG.

[KW]

In the seven days ended November 26, shoppers spent $350m. That was down 9.5 per cent on last year

https://www.nzherald.co.nz/business/...KX7SGQ36HPZRE/

Retail stores in Auckland only reopened on 10th Nov last year during the Level 3 lockdown.  That probably artificially pumped 2021's figures.
"When compared to pre-Covid-19 levels, however, actual spending was up 1.5%."

[Basil]

Retail stores in Auckland only reopened on 10th Nov last year during the Level 3 lockdown.  That probably artificially pumped 2021's figures.
"When compared to pre-Covid-19 levels, however, actual spending was up 1.5%."

Nice observation KW.  107 days locked up in a form of home detention was brutal for a lot of people's mental health, (it really knocked me around...never been through anything like it before and hope I don't have to ever again), so you are absolutely dead right, people were literally "desperate" to get out and about in November last year and get some much needed retail therapy.

[winner (n)]

Retailwatch numbers for November out

A few red numbers but no doubt it will be pointed out last November was boom times post lockdown

Total for Nov months was 11% higher than November 2019 - not much growth over 3 years

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[Waltzing]

Not A listed stock but how is private retail really going to go in 2023...

The real story will be in the non listed private retail sector and those stats are the ones we need to look at not just the listed retailers and Winner does a good job of reminding us to stay awake...

will the art buyers and antiques sector be on for a bit of hard time in 2023...

French furniture in bulls?

Art in hamilton ?

Musems under threat nation wide? 

https://www.stuff.co.nz/waikato-times/news/300769832/highend-hamilton-art-gallery-closing-doors-after-40-years-in-business

[Waltzing]

Xmas rally in the US

doom and Gloom from Ruth the Truth on Tax Payer Talk on recession in 2023... they are talking true carange from eeyore....

[Waltzing]

Ruth the Truth ...

doom and gloom....

is the eeyore  going to trigger a crash of the economy?

IS HLG the only retail stock to survive?

https://www.taxpayers.org.nz/taxpayer_talk_xmas

[winner (n)]

WOW ....record Boxing Day sales

Rádio NZ said New data from payment network company Worldline showed New Zealanders' Boxing Day spending reached record heights this year

All good for Briscoes, WHS, HLG and maybe even Kathmandu

Share prices should go up on news of record sales

[Waltzing]

Yes cheers to that... hoping for that... sounds grand!!!

like the idea... believing is seeing.... seeing is ....

lets face it abelard had an up hill battle ....

https://en.wikipedia.org/wiki/Peter_Abelard

lets hope this coming year isnt one of them...

if they dont go up...

https://www.youtube.com/watch?v=a__4QgP4F-A

[KW]

WOW ....record Boxing Day sales

Rádio NZ said New data from payment network company Worldline showed New Zealanders' Boxing Day spending reached record heights this year

All good for Briscoes, WHS, HLG and maybe even Kathmandu

Share prices should go up on news of record sales

Most of any increase in spend is probably just the effect of inflation.  Higher revenue doesnt equate to higher profits.