* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, May 31, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Dozens of empty shop fronts on one stretch of Wellington road as sales ‘drop right off’

June 22, 2024
in Business
Dozens of empty shop fronts on one stretch of Wellington road as sales ‘drop right off’
Share on FacebookShare on Twitter

Navigation for News Categories

Maggie Lu

23062016 Photo: RNZ / Rebekah Parsons-King. Busy streets in Wellington.

Photo: RNZ / Rebekah Parsons-King

It is prime Wellington real estate, but 46 empty shop fronts sit between Lambton Quay and Courtenay Place.

And there are fears that number could rise, with retailers reporting falling sales, tight margins, and reduced profits.

The increase in people working from home after the pandemic and the thousands of public service jobs axed by the coalition government mean that fewer people are in central Wellington on weekdays.

Ian Douglas, the owner of Village Goldsmith, a jewellery store on Victoria Street, said there was no doubt the retail environment was challenging – not just in the capital, but around the country too.

However, he considered himself more fortunate than most: He owned the shop outright and it had been an established business in Wellington since 1981.

“We create our pieces, not to a price point, but we designed them to be objects that that last, and I think in this current kind of economic environment where obviously everyone is watching their dollars, people search out items with more meaning,” he said.

Still, Douglas said he had noticed a change in spending behaviour.

“A lot of people will – in better times – and when they are feeling safe and secure about their jobs and their income and interest rates are low, they will treat themselves. They’ll buy themselves a little something that makes them feel good, or to wear with another outfit, something like that,” he said.

Ian Douglas, the owner of Village Goldsmith in Wellington.

Ian Douglas considers himself more fortunate than most.
Photo: RNZ/Pretoria Gordon

“Those kinds of sales have dropped right off.”

Business Central chief executive Simon Arcus said businesses needed to listen to their customers in these tough economic times.

“If consumer behaviours change, they have to try to adapt to it,” he said.

“I also think that retailers need to try to orient to what the customer wants by looking at trends – they have good relationships, they understand the way that customers work, but it is difficult, it is very challenging, and I think we will see this kind of issue, even in a good economy.”

Pickle & Pie café and Dough Bakery owner Tim Tracey said that was what had been working at his businesses.

“We’re finding, by talking to our customers, that more people are coming out just for simple coffee and light treat offerings instead of full meals,” he said.

“And we’re also finding our customers are working a lot from home, so we’ve opened stores closer to where they live out in the suburbs, including Ngaio and Upper Hutt.”

Pickle and Pie in Wellington.

Pickle and Pie has opened more stores in the suburbs.
Photo: RNZ/Pretoria Gordon

Mike Ny, the director of Glou Glou café on Allen Street, said he had also adopted a new strategy.

“That was to relaunch a new menu, showcase our staff, showcase our venue in the hopes to kind of show that there is still some vibrancy and some liveliness and hospitality left,” he said.

“Basically, just trying our best to stay on the forefront of everyone’s minds, pushing sales more, making sure that we’re not letting the environment take over us, but actually continue to just keep doing what we’re doing and just waiting for the return of the market.”

With the latest Stats NZ data showing the economy has edged out of recession, businesses are hoping for an uptick in sales over the coming months.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/520138/dozens-of-empty-shop-fronts-on-one-stretch-of-wellington-road-as-sales-drop-right-off

Tags: businessDozensEmpty
Previous Post

NZ out of recession but still in deep economic hole

Next Post

Temu, Amazon and AliExpress cash in as local shops do it tough

Saturday Sports: Stanley cup final rematch, OKC Thunder in the NBA Finals – NPR

Epic Showdown: Stanley Cup Final Rematch and OKC Thunder Take on the NBA Finals!

May 31, 2025
Predicting invasion costs from sparse data – Nature

Unlocking the Secrets of Invasion Costs: Insights from Sparse Data

May 31, 2025
High school science teacher’s advice leaves lasting mark on student – MSN

How a High School Science Teacher Inspired a Lifelong Passion for Learning

May 31, 2025
RFK Jr. threatens to bar government scientists from publishing in leading medical journals – Politico

RFK Jr. Vows to Restrict Government Scientists from Publishing in Top Medical Journals

May 31, 2025
Monique Thomas gifts love with Stem & Story Studio – Jamaica Gleaner

Monique Thomas gifts love with Stem & Story Studio – Jamaica Gleaner

May 31, 2025
Texas vs. Florida: 2025 Women’s College World Series Game 1 | Extended highlights – NCAA.com

Texas vs. Florida: 2025 Women’s College World Series Game 1 | Extended highlights – NCAA.com

May 31, 2025
Proposed URI medical school could fill doctor shortage, boost economy, draft report finds – The Public’s Radio

New URI Medical School: A Solution to Doctor Shortages and Economic Growth!

May 31, 2025
Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

Get Ready to Race: The Ultimate Beer Run Experience Awaits!

May 31, 2025
Trump administration ‘MAHA’ health report cited nonexistent studies – Reuters

Trump Administration’s ‘MAHA’ Health Report: Uncovering the Truth Behind Questionable Studies

May 31, 2025
Tributes pour in honoring legacy of legendary politician John Thrasher – Florida Politics

Celebrating the Enduring Legacy of Legendary Politician John Thrasher

May 31, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (653)
  • Economy (668)
  • Entertainment (21,574)
  • General (15,252)
  • Health (9,710)
  • Lifestyle (670)
  • News (22,149)
  • People (670)
  • Politics (676)
  • Science (15,890)
  • Sports (21,173)
  • Technology (15,655)
  • World (656)

Recent News

Saturday Sports: Stanley cup final rematch, OKC Thunder in the NBA Finals – NPR

Epic Showdown: Stanley Cup Final Rematch and OKC Thunder Take on the NBA Finals!

May 31, 2025
Predicting invasion costs from sparse data – Nature

Unlocking the Secrets of Invasion Costs: Insights from Sparse Data

May 31, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version