Sunday 18 December 2011

Latest Retail News – 18/12/2011

1.       Harvey Norman fined $1.25m for misleading advertising on 3D AFL broadcast.
2.       Researcher says Australian Government making it too expensive to shop - http://www.insideretail.com.au/IR/IRNews/Australia-too-expensive-to-shop-3574.aspx
3.       Cult shoe and apparel brand, Converse, opens first Australian store at Melbourne Central.
4.       November’s Black Friday did not save US retail sales from a meagre 0.2% increase on October sales.
5.       The first of Franklins 80 stores has been converted to IGA following the recent acquisition.
6.       A new app has been launched to help retailers sell on Facebook. https://www.facebook.com/aradium
7.       Australian Sporting Goods Association says group buying sites exaggerate RRP’s.
8.       Dymocks launch facebook tool that matches books with customers.