FREEDOM NO MORE?
Freedom, the furniture and homewares group, is to be privatised
after the $222 million bid by managing director Rod Walker proved to
be the highest – and after the bid was given the thumbs up by
the Federal Court in Australia.
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PC SALES RISE WELCOME NEWS FOR RETAILERS
PC should sell well over Xmas if recent figure from the US market
– where third quarter sales rose by 15% - are any indication.
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DESKTOPS, NOTEBOOKS AND DIGITIAL MUSIC PLAYERS SELLING WELL
Healthy sales of high-end desktops and notebooks and its iPod
digital music player have enabled Apple to post a solid rise in
earnings.
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MYER GRACE LOOKING FOR AUSTRALIAN SUPPLIERS
Australian suppliers have been invited to become partners with
Myer Grace, the department store retailer, which is pursuing a
“house-of-brands” strategy.
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INTEREST RATES TO RISE BEFORE YEAR END??
The National Australia Bank chief economist, Alan Oster says that
that if it was up to him, he would raise interest rates by 25 basis
points in November but says the Reserve Bank of Australia is likely
to move in December.
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UK RETAILER TESTS SMART TAGS ON CLOTHING
Marks & Spencer, or Marks & Sparks as many call it, is
testing the tagging of individual products with RFID tags. Large,
lilac-coloured tags on men's shirts, ties and jackets will give each
garment a unique serial number which can be automatically read when
it comes near an RFID reader.
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Retailer offers free clothes to naked shoppers
Dozens of young Portuguese have stripped after a clothes store
offered free designer wear for anyone shopping naked.
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Automotive retailer announces share market float
An icon brand in the car parts and accessories industry is about
to return to the Australian Stock Exchange (ASX).
More... |
NCR to launch RealPOS 70 in November
RealPOS 70, which NCR claims is the industry’s first touch
screen point-of-sale work station to combine tool-free serviceability
with other standards features, will make it debut in the Australian
market on 17 November.
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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