Spending up again
PA Tauranga People are spending more with retailers than they were six months ago, according to Mr B. 1. Purdy, executive director of the Retailers’ Federation. “Trading is better than it was,” he said. “If it continues at the same rate between now and Christmas we could have stocking problems next year.
I “There is this problem' with appliances and tele-. . vision now. "The country as far as we : i are aware is riot overstocked 1 for a good level of trading.” Mr Purdy said spending | was back to 1972 levels, but . “there are more closed I i shops in New Zealand than I • | think I have ever seen,” he said. “Every town has i i some.”
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Press, 6 November 1978, Page 5
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120Spending up again Press, 6 November 1978, Page 5
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