Sunday 4 May 2014

Latest Retail News – 3/5/2014

Latest Retail News – 3/5/2014

1. Marks & Spencer record clothing sales lift in fourth quarter.
2. Parent company of Uniglo offers reduced profit outlook.
3. Woolworths breaches ACCC fuel docket deal.
4. Oroton seeks partner to speed up China expansion.
5. Officeworks expands its online offer.
6. US retail spending rises 1.1% in March, the largest rise in 18 months.
7. Uniglo parent company shows interest in UK homewares retailer, Cath Kidston.
8. Flight Centre appeals $11m fine for anti-competitive behaviour.
9. ASOS rival BooHoo looks to Australian presence.
10. French website lets magazine readers buy any product featured in Vogue, Cosmo, or Elle.
11. Ebay launches new site for time poor parents of young children.
12. UK fashion label, Miss Selfridge, coming to Australia.
13. Southland Shopping Centre to get new train station.
14. Amazon’s first quarter profit exceeds expectations.
15. Korean cosmetic giant, LG Household, to buy Elizabeth Arden brand.
16. UK shopping centre installs fast and slow lanes to help customer flow.
17. ACCC to target country-of-origin labelling.
18. CBA to introduce ATM transactions using mobile phones instead of cards.
19. Walmart pays $334m to exit joint venture partnership in India.
20. Myer says store refurbishments impacted on lower third quarter sales.
21. SES Fashions, with 40 Australian stores, placed in administration.
22. US retailer, Neiman Marcus, exits China.
23. The world’s largest beauty retailer, Sephora, to open stores in Australia.
24. Westpac introduces tap-to-pay for Samsung mobile devices.