GOOD NEWS FOR RETAILERS
Retail sales for March 2004 hit $15.4 billion, an increase of 7.5%
over February's sales figure.
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COLES MYER TRIALLING DYI CHECKOUT
Two Victorian supermarkets are trialling self-checkout technology
- and if successful, this could be extended to other stores.
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WOOLWORTHS UP THE LIQUOR ANTE
Thing are hotting up in the $10 billion packaged retail liquor
market with Woolworths putting megabucks promoting its BWS outlets -
and at the same time Metcash has revealed details of plans to
overhaul its $2 billion liquor business.
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WAL-MART IN FOR A TOUGH TIME
The president of China's top retailer, Bailian Group, wants to
open 1,000 hypermarts, supermarkets and other stores across China in
2004 alone, hoping to swamp encroaching foreign rivals like Wal-Mart
Stores Inc and Carrefour SA
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IBM AND SAP TARGETING RETAILERS
IBM and SAP are reported to have signed a global deal to offer
retailers industry-customised software.
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EFTPOS PLAN STYMIED
The Australian Competition Tribunal has knocked back the ACCC's
plan to have secret fees - charged between banks, building societies
and credit unions - to be removed.
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WAL-MART BEATS FORECATS
The world's largest retailer, Wal-Mart, has seen first quarter
earnings rise by 16% to US$2.2 billion US for the period to the end
of April - this compared with US$1.8 billion for the corresponding
period last year.
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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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