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[BUSINESS] · New Zealand · 3 sources

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New Zealand retailer confidence reaches new high

Retailers in New Zealand are reporting increased confidence in their business prospects despite persistent economic pressures. According to the Q3 2026 Retail Radar report from Retail NZ, 73.7 percent of retailers believe their businesses will survive the next 12 months, a significant improvement compared to averages over the last two years.

More than three-quarters of respondents expect to meet or exceed their business targets in the final quarter of the year, ahead of the festive trading season. However, the sector continues to face challenges including high fuel prices, inflation, unemployment, a weak New Zealand dollar, and rising business costs.

Retailers identified several key priorities for the incoming government, with 53.6 percent stating that stabilizing fuel prices should be a priority. Other concerns include the cost of living, electricity prices, regulatory uncertainty, and high card payment fees. Additionally, businesses called for greater accountability regarding product safety from offshore e-commerce platforms such as Temu and Shein.

Entities

Carolyn Young · New Zealand · Retail NZ · Shein · Temu