Sunday 12 August 2012

Latest Retail News – 12/08/2012

Latest Retail News – 12/08/2012

1.       Top 3 By Design named only Australian entrant in World Retail Awards.
2.       New app allows shoppers to search for goods by colour.
3.       Mid-year toy sales seen as key ingredient in 1% rise in June retail sales.
4.       Harvey Norman expects full year profit to be down almost 40%.
5.       Reserve Bank leaves cash rate at 3.5%.
6.       Country Road opens its first regional store at Shellharbour.
7.       Westpac trials NFC payment chips in SIM cards for mobile swipe payments.
8.       Zara opens its fourth Australian site at Chadstone.
9.       Pop up retailer 100 Squared opens at Melbourne Central with designer accessories.
10.   McDonalds turnover fails to grow in July – first flat result in years.
11.   Webjet profit up by 25%.