Sunday 18 March 2012

Latest Retail News - 17/3/12

Latest Retail News – 17/3/12
1.       UK based retailer, Game, on brink of collapse including 115 Australian stores.
2.       Dominos says over 1,000 jobs available immediately throughout its pizza chain.
3.       Melbourne based toy supplier, Funtastic, buys international rights to select Lego products.
4.       Pumpkin Patch struggles to re-organise after closing US and UK operations.
5.       NAB study shows retailing confidence falling faster than any other category.
6.       US Commerce Department says February retail sales up and upgraded previous two months figures as better job data flows through to retail.
7.       Biilabong reports US sales remain strong.
8.       Myer's first half sales fall 17.5 per cent, profit slumps 20 per cent.
9.       Retail landlords plan to pass on carbon tax to retailers.
10.   Foodworks moves away from company owned stores to member operation.
11.   PayPal launches iPhone credit card reader for Australia.
12.   Easter Saturday and Sunday are normal retail trading days in Victoria.