Sunday 18 May 2014

Latest Retail News – 18/5/2014

Latest Retail News – 18/5/2014

1. Bevilles family buys back jewellery business one month after liquidation.
2. Giordano to launch 40 new fashion stores across Europe and Asia.
3. David Jones online sales almost triple.
4. Retail trade rose by just 0.1% in March as consumer confidence falters.
5. US homewares retailer, Williams-Sonoma, to open 8 more stores in Australia this year.
6. Metcash adds Midas Australia to its Autobarn and Autopro holdings.
7. Chadstone expansion looks to lure more international retailers.
8. Uniqlo to open its first store in Sydney.
9. Lend Lease plans to sell 5 shopping centres in NSW and WA.
10. Nearly one third of US online sales comes from mobiles.
11. Luxury Italian menswear label, Zegna, to open in Collins Place.
12. Clothing Brand, Lorna Jane, up for sale.
13. Walmart misses sales expectations for third time in five quarters.
14. Retailers recall more than 50,000 jeans and pillow cases after dye exposed as hazardous.