Which are the top retail players in the country NZ?

by John Smith Stock Market Investor

Retail is any activity of selling goods or services directly to consumers or end users via various channels. Retailers can sell retail goods to consumers through stores, kiosks, or the internet for personal use.

Retailers can comprise supermarkets, pharmaceuticals retailing, petrol stations, food retailing, motor vehicle dealers, and departmental stores, etc.

What includes the NZ retail industry

Here are some of the retail industries in New Zealand.

Electrical and electronic goods retailing.

Recreational goods retailing.

Hardware, building and garden supplies.

Department stores.

Supermarket and grocery stores.

Clothing, footwear and personal accessory retailing.

Food and beverage services.

Accommodation

How COVID-19 impacted NZ Retail

COVID-19 posed substantial issues for New Zealand retailers in 2020. Between April and May, the Alert Level 4 lockdown prevented in-store trade for non-essential retail companies.
As per Stats NZ data, the total volume of retail sales increased 2.5%, and the total value of retail sales increased 2.5% to NZ$648 million in the March 2021 quarter compared to the previous quarter.