Thursday, July 19, 2012

Google Alert - retail news

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Govt seen easing retail rules to keep IKEA from packing up
Moneycontrol.com
The government appears set to relax heavily criticised sourcing rules for retailers, anxious not to scare off IKEA -- one of the few big name firms that has said it will invest in the country -- or any others willing to follow. Source: Reuters ...
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UK retail sales disappoint in June
Economic Times
LONDON: UK retail sales rose less than expected in June, just 0.1 per cent in terms of volume, as an extra holiday in honor of Queen Elizabeth II failed to deliver a boost. Analysts blamed poor weather for missing the market consensus of 0.6 per cent ...
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Accumulate Pantaloon Retail; target of Rs 225: PLilladher
Moneycontrol.com
Accumulate Pantaloon Retail; target of Rs 225: PLilladher. Prabhudas Lilladher is bullish on Pantaloon Retail and has recommended accumulate rating on the stock with a target of Rs 225 in its July 18, 2012 research report. Source: Moneycontrol.com ...
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FTSE retailers under pressure after weak retail sales data
Financial Times
FTSE retailers under pressure after weak retail sales data. By Michael Hunter. More bleak news from the high street put London-listed retailers back under pressure on Thursday, as national June retail sales missed forecasts. The data showed a rise of 0 ...
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Airline, retail stocks gain before presidential elections
Economic Times
Shares in major airlines and retail stocks gained on hopes the government will announce reforms in foreign direct investment into both sectors after the presidential elections due later in the day. The parliament is widely expected to elect former ...
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Retail inflation falls marginally: RBI unlikely to cut rates
Economic Times
NEW DELHI: Retail inflation in India fell marginally in June, but economists said it is unlikely to influence the Reserve Bank of India to cut interest rates as a faltering monsoon has increased the risk of a surge in food prices. The all-India ...
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Govt funds online retail spending data
The Australian
The funding will allow the Australian Bureau of Statistics to track spending from domestic and overseas online retailers, as well as "multi-channel" retailers that sell online and from traditional bricks-and-mortar outlets. A Productivity Commission ...
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Retail sales still in decline
Irish Times
The group's Irish Retail Industry Performance Review Q2 2012 shows the worst performing sectors included garden centres, down 19.9 per cent compared to the same quarter last year, furniture and flooring, down 9.5 per cent and ladies' fashion, down 7 ...
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Irish Times
Andheri (East) to host summit on retail food, entertainment
Economic Times
Kumar Rajagopalan, chief executive officer of RAI said, "Keeping in mind with the current market dynamics in the food retail and entertainment industry, we have collectively decided upon - collaboration and innovation strategies: creating mutually ...
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NAT delivers fiber to retail partner's designated vendor
Fibre2fashion.com
Naturally Advanced Technologies Inc (NAT), which produces and markets CRAiLAR, a natural fiber made from flax and other bast fibers, announced it has commenced delivery of an initial 100000 pounds of fiber to retail partner Target's designated vendor.
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Sensex rises; airlines, retail stocks gain
mydigitalfc.com
Trading sentiment remained firm on continued buying by funds and retail investors amid a firming trend in Asian regions following overnight gains on Wall Street on upbeat earnings reports from technology and other firms. Besides, expectations that the ...
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UK: Annual Retail Sales grow less than expected in June
FXstreet.com
FXstreet.com (Barcelona) - Year-over-year UK Retail Sales rose 1.6% in June, in comparison with the 2.4% increase registered the previous month, according to data released today by National Statistics. Analysts expected the indicator to grow 2.4%.
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US Retailers on Global Powers of Retailing Biggest Retailing Companies List
About - News & Issues
More than 30% of the 250 largest retail companies in the world are based in the United States, according to the 2012 Global Powers of Retailing report, which is published each year by Deloitte Touche Tohmatsu and STORES Magazine. Not only is the retail ...
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Retail chain back in administration as fears grow for jobs
Belfast Telegraph
The Ethel Austin chain, which was founded in Liverpool in 1934, has struggled to survive amid tough retail conditions and in the face of fierce competition from rival budget chains such as Primark and Matalan, as well as from the big supermarkets. The ...
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PM's retail FDI push calls for simpler clearance rules
IBNLive.com
New Delhi: Days after US President Barack Obama pushed him on reforms, Prime Minister Manmohan Singh on Thursday made the first step to speed up project clearances. The PMO ordered simpler security clearance for projects and set up a Project ...
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IBNLive.com
Will strongly oppose FDI in retail sector: traders
The Hindu
Taking exception to US President Barack Obama's recent remarks that India prohibited foreign investment in too many sectors, Tamil Nadu Traders Federation has said the trading community would strongly oppose any attempt to allow FDI in retail sector in ...
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On yer bike! Retail woes send Halfords boss on his way
Citywire.co.uk
Philip Rush of Nomura says, 'for the retail sector as a whole, easing inflation has failed to support sales volumes as much as it had done over the previous several months. Worse still, quarterly growth in the value of sales slipped into negative ...
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Primark Seeks Europe Conquest With Recession-Chic Styles: Retail
Bloomberg
The battered, half-naked figure illustrates a clamor for budget fashion that has helped the retailer's recession-chic apparel gain more than a fifth of the 11.4 billion-pound ($17.8 billion) U.K. discount clothing market in three decades. Buoyed by ...
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Retail boom makes Ahmedabad an exciting real estate destination
Firstpost
Among others aspects, Ahmedabad is a text-book case of a retail boom. Ahmedabad has grown tremendously over the past decade, thanks to ultra-progressive policies and intelligent development governance. AFP. Office space investments have shown ...
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Firstpost
Halfords CEO Resigns as 1Q Sales Fall Due to Wet Weather
Wall Street Journal
In a separate statement, Halfords said unseasonable weather conditions have hurt first-quarter retail like-for-like revenue, which is now expected to be negative for the remainder of the first half. It expects second-half retail like-for-like revenue ...
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Retail lending, mitigate thyself
FT Alphaville (blog)
"We estimate that for the four largest markets as a whole, retail ROE will fall from about 10 percent to 6 percent, a drop of 41 percent," McKinsey's analysts say. It's mostly because of the extra capital which Basel III will require these assets to be ...
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Tiffany leads retail sector gain; Saks drops
MarketWatch
NEW YORK (MarketWatch) -- Tiffany & Co. (US:tif) led the retail sector gains on Wednesday after Goldman Sachs raised the stock to buy from neutral. It said the luxury jewelry retailer's long-term brand franchise remains "rock solid." Tiffany rose 2.7 ...
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Retail sales grow
iAfrica.com
This was followed by textile, clothing, footwear and leather goods at 11 percent and other retail sales at 9.8 percent. FNB property strategist John Loos said that despite the improvement in May, the broad slowing growth trend in retail was "still ...
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South Korea's Retail Sales Retreat
Daijiworld.com
South Korea's Retail Sales Retreat. Seoul, Jul 19 (IANS): Sales at South Korea's major discount outlets and department stores retreated last month due to weak demand for groceries and clothes, a government report showed Thursday. Total sales at the ...
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US June retail sales fall for third month in a row
just-style.com
Its data showed June retail sales (excluding automobile, gas stations and restaurants) fell 0.4% seasonally adjusted from May but increased 1.7% unadjusted year-over-year. This year-over-year increase marks 24 consecutive months of sustained retail ...
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Weather Rains On Retail Despite Jubilee Joy
Sky News
The extent of the damage inflicted by the poor summer weather on retailers is becoming clear - despite the Diamond Jubilee providing some respite. A string of companies reporting trading updates this morning have highlighted the impact of the rain on ...
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INSTANT VIEW 5-UK retail sales weaker than expected in June
London South East
'If you take this week's numbers as a whole -- the sharper fall in inflation, the stronger employment growth and then these weaker retail sales numbers -- the bigger story is that retail purchasing power is slowly being restored as inflation falls back ...
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UK index up, but retail sales disappoint
MarketWatch
Gains for the index were kept in check by disappointing economic data. U.K. retail sales for June were up 0.1% from May and up 1.6% from the previous year, coming in lower than analysts' forecasts of a 0.5% monthly increase and a 2.2% year on year gain.
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Retail Week on the Road: Southeast and East Anglia
Retail Week
For the second instalment of this year's road trip, Retail Week heads to Lewes to visit family-run business Steamer Trading Cookshop, then Brighton and Chichester home to bedroom furniture specialist Feather & Black. Next is Guildford, where Snow+Rock ...
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Retail Week
UK: Retail Sales ex-Fuel (YoY) rise 2.2% in Jun; (MoM) grow 0.1%
Forexrazor
UK: Retail Sales ex-Fuel (YoY) rise 2.2% in Jun; (MoM) grow 0.1%. FXstreet.com (Barcelona) For more information, rea... @ 3:54 AM, Thursday July 19 2012. FXstreet.com (Barcelona) For more information, read our latest forex news. For more information ...
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UK's retailers see fraud losses increase by 10%, says new research
Talking Retail
The most detailed report into loss prevention ever conducted of the UK retail sector has found that UK retailers experienced losses of £3.4bn due to theft and fraud in 2012, a 10% increase on last year, according to research company Martec International.
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PODCAST: SA retail on the rise
Moneyweb.co.za
ALEC HOGG: It's Wednesday July 18 2012 and in this Boardroom Talk special podcast, Syd Vianello, from Nedbank Capital, South Africa's top retail sector investment analyst, joins us to have a look at, well, everything in the retail sector, Syd. It's ...
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