Friday 13 January 2012

Latest Retail News – 13/1/2012

1.     Retail sales flat-lined in November, failing to be sparked either by the RBA’s interest rate cut or a burst of pre-Christmas shopping activity.
2.     Super retail Group reports 35% sales jump following acquisition of Rebel and Amart.
3.     American department store chain, Sears, closes another 120 stores.
4.     Dolce & Gabbana incur thousands of protests over ban on photographing store front.
5.     Pacific Brands, owners of Bonds, King Gee and Sheridan is being targeted by private equity firm.
6.     McDonalds introduce invisible DNA spray to help police track thieves.
7.     The giant annual electronic show, CES, features ultra-thin laptops, new smartphones and 3D TVs for 2012.
8.     Carpet Court opens online sales of rugs.
9.     Pop-up retailers frequent rundown retail areas in San Francisco.
10.   Operator of 140 store UK lingerie chain, La Senza, goes into administration.
11.   Toys’R’Us, and Dan Murphy’s lead traditional retailers online surge this Christmas.
12.   Pandora  Jewelery closes 100 wholesale accounts as it focuses on branded concept stores.
13.   Retailers and builders lead the list of business collapses in 2011.