Christmas retail boom expected in new Zealand
However, shoppers have not become overly-generous. Whilst most plan to buy more, they refuse to pay over the odds and are demanding better value for money. The survey showed that 20% of New Zealanders plan to spend more this year, 42% intend spending more on certain items but less on other products.
27% of those questioned said that they planned to spend more on clothes and footwear; 23% said toys; 20% plan more expenditure on home and garden furnishings. 58% of shoppers stated that they actually plan to spend any extra money after the festive season in the post-Christmas sales.