ARA PREDICTS HIGHER CONSUMER SPENDING OVER CHRISTMAS
Retailers are expecting a solid sales period over Christmas
according to the Australian Retailers Association (ARA).
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DVDS THE NEXT BIG THING
Sellers of DVDs such as rental stores and discount stores are
expected to be the big winners as DVDs gain in popularity.
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INTEREST RATES RISE AND RETAILERS’ SHARE PRICES FALL
Coles Myer, Harvey Norman and David Jones all saw their share
prices fall following the decision by the Reserve Bank of Australia
to cut interest rates by 0.25 percent
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WINE PRODUCERS NEED TO LIFT THEIR GAME AT RETAIL
Work smarter is the message for small to medium-sized wine
producers. That’s according to KPMG, the authors of a recent
report called Shelf Space.
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WAL-MART GETTING TOUGH OVER RFID
Wal-Mart’S top 100 suppliers face the January 2005 deadline
that the retailer has set for compliance with its radio frequency
identification technology directive, but the rest have been asked to
follow suit by the start of 2006.
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SUSSAN CORP RINGS THE CHANGES
Naomi Milgrom, the CEO of Sussan Corp, has purchased the company’s
women’s apparel retail businesses in Australia and New Zealand
from her parents – Marc and Eva Besen.
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RETAIL SALES IN HONG KONG STUMBLE
Retail sales fell 0.1 percent on-year to about HK$14 billion - or
US$1.8 billion - disappointing market watchers who were looking for a
3 percent growth.
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SALES OF PCs SOAR IN ASIA PACIFIC
PERSONAL computer sales in the Asia-Pacific rose 11 percent on the
year to 7.7 million units in the September quarter, according
research firm Gartner.
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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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