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Under the KwikMart model, our members will be able to diversify their product range, lift the quality of their service offering and deliver greater value in terms of convenience and pricing to their local community.
How NZ's Smokefree Law Affects Small Stores
The NZ Smokefree Law Change, with its progressive measures aimed at reducing tobacco usage, has led to significant financial implications for small convenience stores in New Zealand. Requiring them to adapt and find alternative sources of income to sustain their businesses in the face of historic regulatory changes.
Take a look at these important dates and statistics all small store owners should be aware of.
- Only 600 stores nationwide will operate with a Smoked Tobacco Licence
- This change will have a profound effect on local stores' revenue, as the sale of tobacco products has traditionally been a significant source of income for these businesses.
- All non-licenced smoked tobacco sales come to an end at midnight on 30th June 2024
- As the law progresses towards complete tobacco cessation, the revenue of the remaining 5,500 plus non-licensed stores will be further impacted.
- 12% plus increase in grocery costs per annum
- The increase in food costs across all major supermarket chains continues to exacerbate the financial strain on stores and their customer base.
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Interested in joining KwikMart Group? Complete our membership form here to begin the sign-up process.
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