Small wins for the retail sector, as confidence reaches a two-year high. 

A report by Retail NZ shows almost 77% of retailers surveyed in the fourth quarter of last year are confident their business will survive the next 12 months. 

The proportion of retailers with low confidence has almost halved since the third quarter of last year to just 6.6%. 

Retail NZ CEO Carolyn Young told Mike Hosking businesses are now focusing on making small gains on last year. 

She says retailers have lowered their levels of stock as demand levels are lower, but they're now selling through it. 

LISTEN ABOVE 

Small wins for the retail sector, as confidence reaches a two-year high.&nbsp;
A report by Retail NZ shows almost 77% of retailers surveyed in the fourth quarter of last year are confident their business will survive the next 12 months.&nbsp;
The proportion of retailers with low confidence has almost halved since the third quarter of last year to just 6.6%.&nbsp;
Retail NZ CEO Carolyn Young told Mike Hosking businesses are now focusing on making small gains on last year.&nbsp;
She says retailers have lowered their levels of stock as demand levels are lower, but they're now selling through it.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Carolyn Young: Retail NZ CEO on retail confidence reaching a two year high

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/86ec3986-cfa1-43f8-ad14-b3f301371dc8/transcript