Sunday 10 November 2013

Latest Retail News – 10/11/2013

Latest Retail News – 10/11/2013

1. UK’s Marks & Spencer and toy icon Hamley’s eyeing off retail opportunities in Australia.
2. National Shop Small campaign launched by American Express.
3. Aeon expands virtual stores on Hong Kong subways.
4. Retailers Associations and Federal Government work to address competition issues in supermarket retailing.
5. ABS says retail turnover in September up 2.9% over previous year.
6. Billabong sells its 92 store Canadian chain, West 49, to US competitor.
7. Ibisworld says online perfume and cosmetics sales growing strongly.
8. Sydney based macaroon maker, Mak-Mak, opens second store.
9. Hermes opens new watch boutique in Shanghai.
10. Freedom launches new merchandising approach based on rooms rather than products.
11. Tesco to introduce face-scanning into stores, targeting offer to gender and age.
12. Coles to link up with 26,000 recipes on major recipe site, Taste.com.au
13. Reserve Bank leaves cash rate unchanged.
14. ASIC launches new hub for small business legal advice.
15. Starbucks opens trendy tearoom concept in New York.
16. Original owner of Bras’n’Things buys back 50% share.
17. Former boss of ACCC says government should sell Australia Post.
18. Singles Day, a pop culture bachelor-life celebration in China to become major retail buying event. – 11th November.