DOUBLE DIGIT GROWTH IN SEPTEMBER HARDWARE SPENDING

By NZHJ October 23, 2015 Retailing News

September 2015 spending in the Retail Home Decorating & Hardware sector through the Paymark network (www.paymark.co.nz) at $180.8 million spent was usefully up on the previous year (+10.4% on September 2014’s $163.7 million) across 2.2 million transactions (+8.7%).

Taking the longer view

For the year, looking at MAT September 2015, some $2.16 billion was spent in the Retail Home Decorating & Hardware sector, which is almost 5% up on the $2.06 billion spending of MAT September 2014).

For the year to date (YTD), Paymark records $1.5 billion for the calendar year to date or almost 15.5% up on the $1.3 billion spent in the previous equivalent period!

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