Monday, December 31, 2012

Google Alert - retail news

News13 new results for retail news
 
Foreign retailers may wait till 2014 for India action
Business Standard
If the retail sector rulebook was changed in 2012, it's only in 2013 that international chains and other foreign investors will get down to action. Apart from the slowdown in international economies, another reason that could keep retail groups ...
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Credit to retail sector likely to be more robust than to corporates
Hindu Business Line
We expect the credit growth to be more robust in the retail than in the corporate sector. The consumption story, particularly in home and car loans, is quite strong and would continue to be so. However, the prospect of credit growth in the corporate ...
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Hindu Business Line
Retail credit swells on festive demand
Business Standard
The reduction in interest rates by banks on home loans and car loans in the festive season has resulted in retail credit growing 16.3 per cent year-on-year in November, the highest for a month in this financial year. Many banks had also waived or ...
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Banks to go chasing you, retail customers
mydigitalfc.com
on an optimistic note. With the Reserve Bank of India (RBI) continuing its war on inflation and raising key policy rates several times, home loan borrowers saw their interest rates rise by 250-300 basis points (3 per cent) for floating rate customers ...
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More high street names will collapse in new year, warns retail body
The Guardian
This year has already been the worst for the retail industry since the height of the financial crisis in 2008, with the collapse of 52 chains responsible for 3,936 stores and 48,080 staff. The British Retail Consortium said it expected a number of well ...
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The Guardian
Preview 2013 Retail
Travel Weekly
Bob Joselyn, president and CEO of Travel Agent Management Systems (TAMS), has a unique perspective on the state of retail travel. A financial benchmarking and networking group, TAMS has 172 member agencies ranging in size from $2 million leisure ...
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Retailers gird for disappointing December sales
MarketWatch
Retailers, scheduled to report their critical December same-store sales on Thursday, will likely show disappointing results hurt by factors including declining consumer confidence tied to Washington's fiscal-cliff uncertainty, analysts said Monday. See ...
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West Shore police investigate string of retail thefts
The Sentinel
West Shore Regional Police are looking for three people after a string of retail thefts in the West Shore area. A man was scene entering the Wine & Spirits Shoppe in the West Shore Plaza, 1200 Market St., in Lemoyne, on three occasions, according to ...
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Retail Sales End 2012 Weak, With Few Exceptions
Investor's Business Daily
The Retail Metrics December same-store sales index was hurt by continuing weak drugstore sales. Factoring out drugstores, December comparable stores sales were 3.7%, also below the market tracker's earlier estimate of 4.2% at the beginning of the month ...
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Retail Opportunity Investments Acquires $114M Grocery Anchored Portfolio
Commercial Property Executive
Retail Opportunity Investments Corp. has closed on three shopping centers and has a binding contract to acquire a fourth in a $114 million acquisition encompassing approximately 444,000 square feet of gross leasable space in Southern Calif. The off ...
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EDENS acquires Fifth & Alton retail center in South Beach
South Florida Business Journal
EDENS acquired the Fifth & Alton retail center in South Beach from a group of Miami-based developers, who had Berkowitz Development Group build it in 2009. The price of the deal wasn't disclosed in a press release and has yet to appear in county records.
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Gov. Snyder signs law cracking down on organized retail crime
Grand Rapids Business Journal (subscription)
Two bills Gov. Rick Snyder recently signed into law should perk up the ears of retail owners. The Organized Retail Crime Act — sponsored by Rep. Joe Graves, R-Argentine Township — will crack down on retail fraud, Snyder said. The bills, HB 5843 and ...
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Last Week's Retail Sales, Foot Traffic Down Y-on-Y
Appliance Magazine
Last-minute shopping drove increases in retail sales and foot traffic in the week ending Dec. 22, according to ShopperTrak. The research firm said sales were up 39.1% and traffic was up 32.0% from the previous week. Compared to the same week in 2011, ...
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