Sunday 1 July 2012

Latest Retail News – 1/7/2012

Latest Retail News – 1/7/2012
1.       Pumpkin Patch opens new concept “Playhouse” store.
2.       Clothing retailer Abercrombie & Fitch to close 180 US stores.
3.       Subway forced to rename “Chicken Fillet Sub” as not real fillet.
4.       David Jones receive $1.6 billion takeover offer from European investment firm.
5.       Retailer Kikki.K named as one of Australia’s best places to work.
6.       Myer to open the first full line department store in Darwin.
7.       Sportsgirl launch 3D window displays complete with complimentary glasses.
8.       Sydney Lord Mayor asks customers to boycott shops for one month in aid of sustainability and the environment. ?????????????????????????
9.       Retailers show less than half the growth of other small businesses.
10.   Metcash reports 63% slump in profit.
11.   Metcash completes Mitre 10 takeover and buys Autobarn in same week.