“Recovery will be mixed”: How retailers are responding to Auckland floods
Inside Retail
FEBRUARY 1, 2023
Flooding in Auckland is hitting the retail industry hard as it recovers from the Covid-19 pandemic. While the extent of the damage, and the subsequent cost of the recovery process is unknown, experts have estimated that it might cost the economy $ 446 million. Over 15,000 insurance claims have already been lodged, with more that 5,000 properties affected.
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