JAPAN RETAIL SALES ON THE RISE
Retail sales in Japan were 4.5 per cent higher in January than
they were in December - a result that has contradicted doomsayers who
were predicting a fall of 0.9
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HARVEY NORMAN IN 2O% PROFIT JUMP
On the back of revenue of $931.8 million for the six months to 31
December 2003, Harvey Norman has boosted net profit to $94.3 million,
an increase of 20%.
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DOCKLANDS HAS ITS FIRST MAJOR RETAILER
Safeway has become Melbourne Docklands first major retailer and
will open its store in late 2006.
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NZ'S LARGEST RETAILER IN SHOCK RESULT
Discount retailer The Warehouse posted an unexpectedly reduced
half-year profit and a lowered full year forecast - which prompted
New Zealand's biggest retailer to suspend trading in its stock ahead
of the announcement.
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GUCCI IN TOUGH TIMES
Gucci, home of everything that is costly, is experiencing some
turbulent times in the wake of a luxury goods markets going into a
spin ever since the September 11 terrorist attacks.
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WITH A REBEL YELL, HE CRIED MORE, MORE, MORE STORES
Hot on the heels of their half-year results which saw turnover
reach $155.15 million compared with $143.56 for the previous year,
Rebel Sport - in which Harvey Norman has a majority interest - is
planning to open two Glue stores.
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SPORTS STORE CAHIN CLOSES
Melbourne's Yodgee's sports store chain in has run its race.
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GERMAN RETAILER SAYS "NEIN" TO RFID
One of Germany's largest retailers, the Metro Group will stop
putting "smart tag" chips inside customer loyalty cards.
More... |
Close
This bulletin is edited and compiled by retail commentator John Kingsley-Jones.
John has worked as an Editor, Chief Sub-Editor
and journalist in magazines and newspapers both
in Australia and overseas.
In the past 15 years, he has consulted to a
range of companies and brands such as Unilever,
Mars Confectionery, TipTop, Tooheys, McWilliam's
Wines, Goodyear and BMW.
That's it for this issue of the Retail One-Stop. If you
have any questions or comments please give us a call on 02 9419 8356 or email us
on info@eps.net.au.
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