Many local retailers, including Kathmandu and The Warehouse, have reported less-than-stellar earnings this week. 

KMD Brands has posted a $10 million loss, and The Warehouse Group today announced a $23.7 million net loss.

Milford Asset Management's Sam Trethewey says it's clear economic conditions and interest rates are having an impact on consumer spending.

LISTEN ABOVE 

Many local retailers, including Kathmandu and The Warehouse, have reported less-than-stellar earnings this week. 
KMD Brands has posted a $10 million loss, and The Warehouse Group today announced a $23.7 million net loss.
Milford Asset Management's Sam Trethewey says it's clear economic conditions and interest rates are having an impact on consumer spending.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.