Sunday 4 December 2011

Latest Retail News – 4/12/2011

1.       Bunnings to build giant new store at Melton.
2.       Harvey Norman says audio, visual, computers “getting a hiding” in 2011.
3.       Metcash (IGA) reports 14% drop in first half grocery profits.
4.       Sydney now number three in global shop rents.
5.       Retail sales up again in October but only very small amount.
6.       Metcash purchase of Franklins Supermarkets finally approved by ACCC.