Sunday 9 February 2014

Latest Retail News – 8/2/2014

Latest Retail News – 8/2/2014

1. David Jones says it will reconsider Myer merger plans.
2. Zara to open 7th Australian store.
3. Amazon returns to profit in 2013.
4. Walmart issues profit warning for 4th quarter.
5. Dunn & Bradstreet report improved business confidence for first half 2014.
6. Country Road reports 26.4% sales increase for 6 months to December based largely on acquisitions.
7. Shell considers selling its 900 Australian service stations.
8. Westfield trials “click’n’collect” service 
9. World’s largest watch maker, Swatch, reports global profit rise of 20% in 2013.
10. Billabong plans sale of two online retailers.
11. Australian cosmetics retailer, Aesop, opens 9th store in Hong Kong.
12. Melbourne Central reports 3 million visitors during Australian Tennis Open.
13. Aldi builds $70m warehouse in Adelaide in preparation for expansion.