SURPRISE, SURPRISE - ALH REJECTS WOOLIES
The folk at Australian Leisure & Hospitality Group have, not
surprisingly, rejected Woolworths bid and described it as "grossly
inadequate".
More... |
REBEL REVENUE RISES
Total group sales for Rebel - which has50-plus sports stores and
six Glue fashion stores - rose by over 10 per cent for the June
quarter on the back of increases in all the company's categories.
More... |
RETAIL CUBE’S IPO SQUARED AWAY
The paint, knives and sporting footwear retailer, Retail Cube, has
delighted investors by making its debut on the Australian Stock
Exchange. At the close of its first day's trading it was 7 cents
above its issue price of 50 cents.
More... |
MARKS AND SPARKS FLY
The fur continues to fly as Marks & Spencer (aka Marks &
Sparks) attempts to thwart a takeover bid by billionaire Philip
Green.
More... |
FOXTEL AND AVRA AT LOGGERHEADS
The Australian Video Retailers Association (AVRA) has been sued by
Foxtel over a promo that has been run by video stores.
More... |
WAL-MART POSTS GROWTH OF 2.2 PER CENT
Wal-Mart has revealed that its June sales growth was just 2.2
percent - which is at the bottom end of its already reduced forecast
- and it is blaming unseasonally cool weather in the US saying such
weather has dented demand for summer merchandise.
More... |
RETAIL TURNOVER HITS $16 BILLION
Australian consumers generated around $A16 billion in retail
turnover in June 2004, according to Cashcard's Retail Activity Index.
More... |
DISCOUNT PETROL GETS THE GO AHEAD
The Australian Competition and Consumer Commission (ACCC) has
given the thumbs-up to the joint venture between Woolworths and
Caltex to sell petrol.
More... |
RFID AND METRO
IBM is to provide the integration software in the Metro Group's
rollout of radio-frequency identification systems with in its supply
chain.
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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