Chris Wilkinson: First Retail Group Managing Director on sluggish retail spending

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Recorded15 Jul 2026

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Belief sluggish retail spending is a reminder retailers need to stick to the basics. Stats NZ says core retail spending last month was only 0.4 percent higher year on year. Spending on clothes fell most - at 4.2-percent - its fourth straight decrease. First Retail Group Managing Director Chris Wilkinson told Ryan Bridge retailers have to be hungry in the market, with strong retail disciplines - but he understands it's tough. He says rising costs and distribution has made things challenging for retailers. See omnystudio.com/listener for privacy information.

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