The retail sector in New Zealand is going through a period of rapid and unprecedented change, and retailers need to adapt fast to stay afloat.
There are underlying pressures, the online phenomenon, logistics and cost infrastructure to name but a few. Looking to America we can take some pointers as to the trends that may impact us here in New Zealand – now and in the future. When it comes to retail, is small the new black? If trends among some of the biggest retailers in the USA are any indication, the answer seems to be yes. Before you dismiss the idea, hear us out.