A new report from JLL says almost 255-thousand square metres of new retail space is needed over the next five years, to meet demand.

It says Kiwi consumers still value in-store shopping, despite the rise of online shopping.

Retail NZ's Ann-Marie Johnson says told Ryan Bridge this shows there's a positive future for retail following a tough period for the industry.

She says we've been through cycles like this before - and it will eventually end.

LISTEN ABOVE

A new report from JLL says almost 255-thousand square metres of new retail space is needed over the next five years, to meet demand.
It says Kiwi consumers still value in-store shopping, despite the rise of online shopping.
Retail NZ's Ann-Marie Johnson says told Ryan Bridge this shows there's a positive future for retail following a tough period for the industry.
She says we've been through cycles like this before - and it will eventually end.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Ann-Marie Johnson: Retail NZ on a new report showing retail supply isn't keeping up with population growth

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a5a72f10-c83e-4ae5-aab0-b2e301300f36/transcript