Friday, March 23, 2012

Best Buy selling nearly as many iPhones as Apple


Small-town India fuels rise of online shopping
Reuters India
A new report by the Boston Consulting Group says online retail in India could be a $84-billion industry by 2016 -- more than ten times its worth in 2010 -- and will account for 4.5 percent of total retail. E-commerce entrepreneurs and experts say ...
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Brazil January Retail Sales Post Strong Advance
Wall Street Journal
By Jeff Fick RIO DE JANEIRO (Dow Jones)--Retail sales in Brazil advanced for a fifth consecutive month in January as easing food prices fueled a jump in supermarket sales. Retail sales in January rose a seasonally adjusted 2.6% from December, ...
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Retail restyles the basics
Sydney Morning Herald
(above) Westfield Bondi Junction is the strongest retail centre based on sales per square metre. SHOPPING centre landlords are still winning the battle of the weaker consumer spending environment, through their ability to adapt and provide new ...
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Sydney Morning Herald
Dragging the venerable retailer into digital age
Sydney Morning Herald
This will be dwarfed by the investment it needs to play catchup with the online retail leaders. It definitely isn't a good time to discover that earnings from your ''magic pudding'' - the credit card business which has delivered 7.5 per cent profit ...
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Retailer Premier issues jobs plea
Herald Sun
RETAIL group Premier Investments has issued a plea to landlords and unions to help save jobs by working with the industry as weak consumer sentiment takes a heavy toll. The retailer behind brands such as Just Jeans and Dotti said being able to ...
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Italian Retail Sales Rise
Wall Street Journal
By CHRISTOPHER EMSDEN And WILLIAM HOROBIN ROME—Italian retail sales rose in January contrary to market expectations, and despite a struggling economy and increasingly tight fiscal policy. Retail sales rose 0.7% from December in seasonally-adjusted ...
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Dixons Retail boosted by John Lewis figures and iPad sales
The Guardian (blog)
In a generally down day so far, Dixons Retail is proving one of the bright spots. And again it is the weekly John Lewis report which is helping to support the company, along with the benefits of last week's release of the new iPad.
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Best Buy selling nearly as many iPhones as Apple
Fox News
Over the past few years, the retail chain became an increasingly important outlet for Apple, extending its reach and distribution with its 1100 stores -- about 600 of which host Apple store-within-a-stores, most in locations that Cupertino feels are ...
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S&P's Retail REIT ETF Pick
ETF Trends
Retail real estate investment trusts and related exchange traded funds will provide investors will attractive dividends as the economy improves and retail sales grow, says S&P analysts. S&P Capital IQ holds a "Marketweight" ranking on the iShares FTSE ...
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ETF Trends
Primus Australia Becomes First Retail Service Provider to Receive B2B ...
MarketWatch (press release)
MELBOURNE, AUSTRALIA, Mar 23, 2012 (MARKETWIRE via COMTEX) -- Primus Australia, a part of PTGi (Primus Telecommunications Group, Inc.), (NYSE:PTGI) has today announced that it is the first retail service provider (RSP) to receive NBN Co's ...
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Brazilian Stocks Edge Higher On Strong Local Retail Sales
Wall Street Journal
In Brazil, national statistics agency IBGE reported Friday that retail sales rose a seasonally adjusted 2.6% in January from December and 7.3% from the year-ago month. The increase surpassed economists' expectations. "That could cheer up the market a ...
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Reports suggest Grand Rapids retail, industrial sectors on the rise
Michigan Business Review - MLive.com
The retail incubator has played a big role in boosting the number of retail stores downtown. GRAND RAPIDS, MI – The downtown retail sector had a net gain of 11 businesses last year – the most in the past three years - based on a storefront count by the ...
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Michigan Business Review - MLive.com
Lululemon and Urban Outfitters Benefit From Booming Labor Market
MarketWatch (press release)
NEW YORK, NY, Mar 23, 2012 (MARKETWIRE via COMTEX) -- Retail stocks have been on an impressive run of late as a robust rebound in the US labor market has boosted consumer discretionary spending. The SPDR S&P Retail ETF (XRT) -- which seeks to replicate ...
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The Limited(TM) CEO Linda Heasley Opens New Roseville Store Kicking Off ...
MarketWatch (press release)
COLUMBUS, Ohio and ROSEVILLE, Calif., March 23, 2012 /PRNewswire via COMTEX/ -- National fashion retailer, The Limited(TM), a heritage brand for the modern, working woman, kicks off a statewide California expansion today with the opening of a new ...
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UK retail sales undershoot expectations
FX-MM
It was another lively session yesterday as UK retail sales disappointed by undershooting expectations. Very poor eurozone services and manufacturing growth figures set the tone for the day but the euro has proved remarkably resistant, bouncing back ...
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DJs, Myer still invest in face of retail gloom
The Canberra Times
Department stores David Jones and Myer face multiple battlefronts, including a sluggish Canberra retail sector and savvy online consumers, but they are still investing despite the gloom. David Jones had a bad week after it warned earnings would tumble ...
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The Retail Recovery Is On
Motley Fool UK
Few market sectors have been as badly hammered as retail, as people have been cutting down on unnecessary spending for a number of reasons -- rising unemployment, the ending of easy credit, worries about further eurozone crises, and a general lack of ...
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Taubman Opens Country's First New Mall Since the Downturn
Retail Traffic
The center is the retail component of City Creek, a 23-acre mixed-use development in the city's downtown. City Creek Center features a retractable roof, a 140-foot sky bridge over Main Street, a 1200-foot re-creation of the historic City Creek, ...
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MrChewy.com Named Exclusive Online Retailer for Nulo Pet Food
Houston Chronicle
MrChewy.com, an online pet retailer becomes one stop shop for purchasing popular pet food brand. MrChewy.com, an online retailer featuring pet food, treats and supplies, announced it was named the exclusive online retail partner for Nulo, ...
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