THE DEBATE CONTINUES
The deregulation of the liquor industry is turning into a bunfight
of epic proportions in New South Wales.
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CARREFOUR PROFIT SOARS
Carrefour, the French retailer, which is second only to Wal-Mart
in size, has announced a 19 per cent increase in profit for 2003.
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TESCO TO BUY CHINESE RETAIL CHAIN
UK supermarket group Tesco is reported to be in talks to buy a
stake in a Chinese retail chain in a bid to break into what is
potentially one of the world’s biggest consumer markets.
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US RETAIL STOCKS RISE
Helped by warmer weather and Valentine's Day shopping, major U.S.
retailers topped expectations in February, and scores of retail
stocks hit new highs.
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BLOW TO SMART CARDS
Target Corporation is planning to phase out chip-embedded credit
cards that allowed cardholders to download special coupons - a move
which would be a major blow to smart card technology.
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WE WATCH WITH INTEREST
We'll be watching with interest for any news that comes out of the
Global Retail Technology Forum which was running as we went to press
this week.
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DROP IN CONSUMER SPENDING
More than a third of all retailers that participated in the Dun &
Bradstreet business expectations survey experienced a drop in
consumer spending in February.
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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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