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| Retail slumps amid disturbing economic signs The Australian AUSTRALIAN stayed away from department stores in droves in July, precipitating a shock slump in retail sales that suggest government handouts were mainly responsible for the recent shopping splurge. While economists expected the pace of retail sales ... See all stories on this topic » | ||
| Department stores lead retail slump The Australian Department store sales collapsed by just over 10 per cent in July for their biggest monthly fall in seven years, while spending on groceries was fairly flat, official figures showed on Monday. CommSec chief economist Craig James said federal government ... See all stories on this topic » | ||
| Retail dip takes dollar to six-week low Sydney Morning Herald Australia's dollar touched its lowest level in six weeks and government bonds extended record gains after domestic retail sales dropped and manufacturing shrank in China, the nation's biggest trading partner. The so-called Aussie slid to its weakest in ... See all stories on this topic » | ||
| Switzerland: Real Retail Sales (YoY) ease less than expected, to 3.2% in July FXstreet.com ... Forex: USD/CHF swings lower towards 0.9548. FXstreet.com (Barcelona) - The annualized Real Retail Sales data in Switzerland eased from 3.3% (revised from 3.7%) to 3.2% in July, which is much better than the market consensus of a drop to 1.2%. See all stories on this topic » | ||
| Dollar hits six-week low after retail data Herald Sun Easy Forex senior dealer Francisco Solar said the retail data added to the tide of negative sentiment weighing on the Australian dollar. "It just adds to this negativity that's starting to creep into the markets," he said. Full Digital Access - $5 for ... See all stories on this topic » | ||
| TABLE-Swiss retail sales up 3.2 pct yr/yr in July Reuters ZURICH, Sept 3 (Reuters) - Swiss retail sales for July rose 3.2 percent in real terms versus the year-earlier month, the Federal Statistics Office said on Monday. Sales fell 0.4 percent compared to the previous month when adjusted for seasonal effects. See all stories on this topic » | ||
| Retail trade fell 0.8% in July The Australian Retail trade fell in the month to a seasonally adjusted $21.418 billion, compared to a downwardly revised $21.579 billion in June, the Australian Bureau of Statistics said on Monday. Economists had been forecasting a rise of 0.2 per cent for the month ... See all stories on this topic » | ||
| A price-based retail strategy can easily turn counter-productive gulfnews.com The retail industry has always worked on a 'pile them high, sell them cheap' policy. Retailers tend to use their scale to negotiate better prices and use a few loss leaders (products priced at cost aimed at drawing consumers to the retail shop) to ... See all stories on this topic » | ||
| Swiss Retail Sales Growth Slows for the Second Month DailyFX Swiss retail sales have grown for the tenth straight month on an annual basis, but July's rate of growth was reported lower for the second month. July retail sales (real) were up 3.2% from July 2011, lower than June's revised 3.3% annually higher ... See all stories on this topic » | ||
| Australian Retail 'Fragile' as Global Risks Mount, Deloitte Says Bloomberg "While retail has recovered fast, the global and Australian economic backdrop suggests that the recovery is still a fragile one," according to the Deloitte report. "Trend sales growth may be achieved over the next year, largely as interest rates remain ... See all stories on this topic » | ||
| Retail sales drop is a 'return to normal' Adelaide Now Australian retail spending fell 0.8 per cent in July, data released by the Australian Bureau of Statistics on Monday show. RBC Capital economist Michael Turner said the fall was a return to the status quo after a 1.0 per cent jump in spending in June ... See all stories on this topic » | ||
| Bittersweet: Darrell Lea sold but retail stores to close, 418 to lose their jobs SmartCompany.com.au The iconic confectionery and chocolate maker Darrell Lea was sold today to Queensland's Quinn Family. However, the brand's survival is bittersweet, with the remaining retail stores to close and 418 employees to be made redundant. Darrell Lea licorice ... See all stories on this topic » | ||
| Olympic 'afterglow' set to boost retail confidence Fresh Business Thinking "The 'Olympic effect' has been barely noticeable on the high street so far, but this should change once we get out of the August doldrums," Don Williams, National Head of Retail and Wholesale at BDO LLP, said. "As the afterglow kicks in, retailers may ... See all stories on this topic » | ||
| Kurt Geiger to rein back UK stores as rents 'kill' retail Retail Week The shoe retailer's chief executive Neil Clifford said high business rates and rents are "killing UK retail" and that the retailer is "incredibly cautious" about expansion in the UK. Kurt Geiger said in 2010 that it would open another 40 stores in five ... See all stories on this topic » | ||
| Switzerland: Real Retail Sales (YoY) ease less than expected, to 3.2% in July Forexrazor Switzerland: Real Retail Sales (YoY) ease less than expected, to 3.2% in July. FXstreet.com (Barcelona) - The annualized Real Ret... @ 7:50 AM, Monday September 03 2012. FXstreet.com (Barcelona) - The annualized Real Retail Sales data in Switzerland ... See all stories on this topic » | ||
| Walmart Tests iPhone App Checkout Feature Biztech2.com "All of the effort is to speed your way through the checkout so that we can reduce costs and improve the shopping experience," said Paul Weitzel, Managing Partner at retail consulting firm Willard Bishop, who said he had not seen Walmart's test. See all stories on this topic » | ||
| Reliance to build a flagship shopping mall in South Delhi Fibre2fashion.com It will use two- fifth of the retailing space to house brands owned by Reliance Retail (a subsidiary arm of RIL). It will have three basement levels along with parking space sufficient to accommodate more than 1000 cars and 700 two wheelers and ground ... See all stories on this topic » | ||
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| JJB suitors circle as Bill Gates faces £20m loss Retail Week French retail giant Decathalon and former owner Dave Whelan are understood to have entered the race to buy the 180-store retailer alongside turnaround firm OpCapita and the retailer's largest shareholder, Invesco Asset Management. Archrivals Sports ... See all stories on this topic » | ||
| Local GPS firm to retail Malay Mail SEEING the need for a reliable navigation solution, Amtel Holdings Bhd has plans to retail its locally manufactured global positioning system (GPS) to motorist by next year. "There are no navigation solution out in the market that gets updated on a ... See all stories on this topic » | ||
| FDI in retail: Walmart and corner stores can co-exist : Postnoon Postnoon Gyanendra Kumar Keshri. New Delhi: A fierce debate is raging in cyberspace over the cost and benefit of foreign direct investment (FDI) in multi-brand retail as the Indian government has once again begun working for its rollout as a 'must do' economic ... See all stories on this topic » | ||
| AT&T expects to connect with its first flagship store gulfnews.com Chicago: AT&T is refining its retail strategy with its first flagship store, a location on Chicago's Michigan Avenue that goes beyond phones and tablets to show services such as fitness applications and "smartcar" features. The 10,000-square foot store ... See all stories on this topic » | ||
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