Retailing In New Zealand
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Retailing In New Zealand
Retailing in New Zealand is an important sector in the economy of New Zealand, as a channel for a large proportion of household spending and international visitor spending. The overall size of the sector has been increasing since the end of the 1997 Asian financial crisis, with retail sales increasing by 30% between 1999 and 2005. One contributing factor was the growth of larger stores with greater buying power and economies of scale, at the cost of smaller bricks and mortar merchants. Another contributing factor was low price inflation, with the price of imported goods falling 12% during that period. By 2004, about 15% of New Zealand businesses were retail outlets. These businesses accounted for 19% of total employment and 7.5% of the Gross Domestic Product with total sales of about $51 billion. Supermarket and grocery stores made up about 28% of non-auto sales and 16% of retail employees. The beginning of the COVID-19 pandemic in New Zealand had a major impact on the retail secto ...
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Economy Of New Zealand
The economy of New Zealand is a highly developed free-market economy. It is the 51st-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP). New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. The country has one of the most globalised economies and depends greatly on international trade, mainly with Australia, Canada, China, the European Union, Japan, Singapore, South Korea, and the United States. New Zealand's 1983 Closer Economic Relations agreement with Australia means that the economy aligns closely with that of Australia. New Zealand's diverse economy has a sizable service sector, accounting for 63% of all GDP activity . Large-scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. Mining, manufacturing, elec ...
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New World Fresh Collective
New World is a New Zealand full-service supermarket chain. Each store is independently owned and operated, and is part of one of two Foodstuffs' co-operatives (Foodstuff North Island and Foodstuffs South Island). Other independently owned and operated members of the Foodstuffs co-operatives include Pak'nSave and Four Square stores. History Founded in 1963, New World was the first American-style full-service supermarket brand of Foodstuffs, and the second in New Zealand (after Foodtown). As of December 2021, there are more than 140 New World supermarkets across the North and South Islands. New World has been a member of the Fly Buys program since the program started in September 1996. In early 2003 New World helped introduce Superbank, a completely electronic banking network aimed at saving customers money. While New World Supermarkets had much advertising for the service in their stores, Superbank had no physical services inside the store. In August 2006 it was announced t ...
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Palmers Garden Centre
Palmers Garden Centre or Palmers is a chain of New Zealand garden centres. It has 12 stores, including three in Auckland, selling a range of plants and gardening equipment. The head office of Palmers is in Rosedale, Auckland. History Starting from humble beginnings Palmers was originally a family business. The original site, in Glen Eden, Auckland, was bought by A W Palmer for a plant nursery in 1912. The new business prospered and grew with New Zealand's first modern style garden centre A garden centre (Commonwealth English spelling; U.S. nursery or garden center) is a retail operation that sells plants and related products for the domestic garden as its primary business. It is a development from the concept of the retail plant n ... being built on the Glen Eden site in 1958. There were 20 Palmers stores in 2000, including eight in Auckland. References External linksPalmers Garden CentreOfficial websitePalmers PlanetOfficial website {{Authority control Home improvem ...
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Hastings Central
Hastings Central is the central suburb and business district of Hastings, New Zealand, Hastings City, in the Hawke's Bay Region of New Zealand's North Island. Demographics Hastings Central covers and had an estimated population of as of with a population density of people per km2. Hastings Central had a population of 444 at the 2018 New Zealand census, an increase of 78 people (21.3%) since the 2013 New Zealand census, 2013 census, and a decrease of 15 people (−3.3%) since the 2006 New Zealand census, 2006 census. There were 165 households, comprising 246 males and 198 females, giving a sex ratio of 1.24 males per female. The median age was 34.2 years (compared with 37.4 years nationally), with 51 people (11.5%) aged under 15 years, 135 (30.4%) aged 15 to 29, 207 (46.6%) aged 30 to 64, and 48 (10.8%) aged 65 or older. Ethnicities were 60.8% European/Pākehā, 19.6% Māori people, Māori, 4.1% Pasifika New Zealanders, Pacific peoples, 22.3% Asian New Zealanders, Asian, ...
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Christchurch CBD
Christchurch Central City or Christchurch City Centre is the geographical centre and the heart of Christchurch, New Zealand. It is defined as the area within the Four Avenues (Bealey Avenue, Fitzgerald Avenue, Moorhouse Avenue and Deans Avenue) and thus includes the densely built up central city, some less dense surrounding areas of residential, educational and industrial usage, and green space including Hagley Park, the Christchurch Botanic Gardens and the Barbadoes Street Cemetery. It suffered heavy damage in the 2010 Canterbury earthquake and was devastated in the 2011 Christchurch earthquake. Following this second earthquake, the Central City Red Zone was set up and, with a gradually shrinking area, remained inaccessible except to authorised contractors until June 2013. However, proposals to relocate the city centre elsewhere, to avoid future damage, were considered both uneconomical (as much of the infrastructure was still mainly intact) and unnecessary, as the rebuilt ci ...
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Guthrie Bowron
Guthrie Bowron is a franchise of New Zealand home improvement stores established in 1896. It sells a range of home decorating supplies, including paint, wallpaper, flooring, curtains and blinds. There are 51 Guthrie Bowron stores around New Zealand, including five in Auckland. History Private company (1896-1963) The Guthrie Brown company was established in 1896 in Dunedin man Henry Guthrie. George Bowron later came on as a business partner, and the pair travelled around the South Island selling a range of products. In the mid-1920s, the company started importing what were the base ingredients for paint at the time: lacquer, varnish, lead and linseed oil. In 1932, the company became an agent for Dulux Paints; it opened a wallpaper store in Christchurch a short time later. Public company (1963-1971) Guthrie Bowron became a publicly listed company in 1963. By 1969, it had 18 branches around the country selling a range of paint and wallpaper. Dulux Paints ownership (1971-1992) ...
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Resene Group
Resene Paints LTD is a New Zealand paint and building materials manufacturer and retailer. Divisions Resene Paints LTD & Resene Paints Australia LTD Resene produces paint for New Zealand & Australian conditions from manufacturing facilities in Naenae and Upper Hutt, and sells them through its own retail stores and other retailers in both New Zealand and Australia. It also manufactures paint and paint technology for international markets. Resene's major products have been adapted to keep up with changing tastes. In the 1950s, this was pastel colours. In the 1960s, it was bold psychedelic colours like sharp orange, intense teal, banana yellow, cyan blue and red. In the 1970s, earthy colours like brown and mustard were popular. During the 1980s, "nurturing" colours like apricot, nude pink and pale grey were in vogue. The 1990s were a time of minimalism and neutral colours, like black, white, green, aqua and nautical blues. In the 2000s, shades of grey, botanic green, silver ...
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Wellington CBD
Wellington Central is an inner-city suburb of Wellington, and the financial heart of the both the city and the Wellington Region. It comprises the northern part of the central business district, with the majority of Wellington's high-rise buildings. Landmarks The majority of Wellington's High Street, Lambton Quay, runs through Wellington Central. From Lambton Quay the Wellington Cable Car is accessible. Wellington Central is also home to Wellington's Civic Precinct, including Civic Square, the Wellington Town Hall, Wellington Central Library, the Michael Fowler Centre, and City Gallery Wellington. It is one of the few locations in New Zealand that is home to a number of high rise buildings, including the Majestic Centre, and Aon Centre (Wellington). Geography Wellington Central consists of the flat, mostly reclaimed land, west of Lambton Harbour and the part of The Terrace immediately above it. It is bounded on the north by the suburb Pipitea (which includes Parliament Build ...
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Resene ColorShop
Resene Paints LTD is a New Zealand paint and building materials manufacturer and retailer. Divisions Resene Paints LTD & Resene Paints Australia LTD Resene produces paint for New Zealand & Australian conditions from manufacturing facilities in Naenae and Upper Hutt, and sells them through its own retail stores and other retailers in both New Zealand and Australia. It also manufactures paint and paint technology for international markets. Resene's major products have been adapted to keep up with changing tastes. In the 1950s, this was pastel colours. In the 1960s, it was bold psychedelic colours like sharp orange, intense teal, banana yellow, cyan blue and red. In the 1970s, earthy colours like brown and mustard were popular. During the 1980s, "nurturing" colours like apricot, nude pink and pale grey were in vogue. The 1990s were a time of minimalism and neutral colours, like black, white, green, aqua and nautical blues. In the 2000s, shades of grey, botanic green, silver ...
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Night 'n Day
Night 'n Day is a chain of New Zealand grocery stores. The stores operate long hours, and sell a range of ready-to-eat products. Night 'n Day is the third largest grocery retailer in New Zealand. Since 2011, it has rapidly expanded its network of stores and focused more on coffee and takeaway food. During the 2010s, it was one of the fastest-growing companies in New Zealand by revenue. As of 2022 there are 57 Night 'n Day stores around New Zealand. History Denise and Andrew Lane era (1984-2011) Denise and Andrew Lane opened the Regent Foodstore on Regent Street, in the University of Otago in Dunedin North, in 1984. After hearing a BP across the road was planning to operate 24 hours a day, the Lanes decided to do the same, becoming the first New Zealand shop to open 24 hours a day. Business started to pick up after six months, and local students and motel residents came to call the store "The Two Four". The store became the first Night 'n Day store. Additional 24-hour Night ...
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FreshChoice
FreshChoice is a franchise of locally owned and operated supermarkets across New Zealand. The stores are operated under franchise agreements with Wholesale Distributors Ltd (WDL), a division of Woolworths New Zealand Woolworths New Zealand Limited (formerly Progressive Enterprises) is the second largest grocery company in New Zealand (behind Foodstuffs), with revenue of NZ$6.2 billion for the year to June 2018. Alongside Foodstuffs, Woolworths NZ forms par ..., one of New Zealand's largest retail and distribution companies. There are 33 FreshChoice stores across New Zealand, including five in Auckland. History The franchise was established in 1995. By 2008, it had 15 stores but was yet to expand into Auckland. References External links Official website Retail companies established in 1995 Supermarkets of New Zealand Woolworths Group (Australia) New Zealand companies established in 1995 {{NewZealand-company-stub ...
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