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Australians and Kiwis are cutting back on holiday spending due to financial stress, opting for discounts, essentials, and BNPL.
Australians and Kiwis are shopping earlier and spending less this holiday season due to financial stress, with two-thirds of Australians and nearly half of Kiwis planning to cut back.
Many are prioritizing discounts, self-care products, and experiences, while using Buy Now, Pay Later services for flexibility.
Retailers report rising mobile shopping and omnichannel demand, with small businesses benefiting.
Economic data shows declining electronic card spending and reduced durable goods purchases, as households shift focus to essentials and services.
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Los australianos y los Kiwis están recortando el gasto en vacaciones debido al estrés financiero, optando por descuentos, artículos esenciales y BNPL.