Retailers appear hopeful their sales numbers will turn around.
Retail NZ's quarterly survey finds 65% of retailers feel confident or very confident their business will survive the next 12 months.
It finds 57% expect to meet or exceed their targets for the final quarter, even after 70% failed to meet their last sales targets.
General Manager of Normanby Fine Wines, Liz Wheadon told Ryan Bridge that they’ve started to see positive signs, and they see it as a good time to look at starting a new business.
She said that fine wines is a hard market to read, but it feels like there’s some optimism there.
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