Sunday 8 January 2012

Latest Retail News – 7/1/2012

1.       ARA reports flat sales for Boxing Day across most retailers.
2.       IBIS research predicts 2012 will see mining, automotive and diamonds boom while cut flowers, cotton goods and paper manufacturing will decline.
3.       US food chain, Hooters, to add another store in western Sydney.
4.       Reports that online retailers boomed at Christmas but struggled with timely deliveries.
5.       Heinz sauce factory closure blamed on cheap consumers.