AUSTRALIANS LOVE TECHNOLOGY SAYS GERRY HARVEY
Strong sales of DVDs, digital cameras and flat screen TVs
contributed to Harvey Norman achieving sales of $1.2 billion in the
four months to October 31.
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REBEL SPORTS SCORES THANKS TO RUGBY WORLD CUP
Rebel Sport Limited – in which Harvey Norman has a share of
around 55 per cent – saw its sales revenue for the five months
ended 22 November 2003 increase by 8.0 per cent $108.5 million
compared to the corresponding period of last year - the five months
ended 23 November 2002.
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ALDI EXPANDS ITS PRESENCE
Hot on the heels of opening 40 outlets in New South Wales, the
giant German discount retailer Aldi is now ramping up plans to
further expand its presence on the eastern seaboard.
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INDEPENDENTS LOSE MARKET SHARE
The rapid growth of Coles and Woolworths has results in
independent grocers lose about 14 per cent market share in the past
15 years.
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WESTFIELD AND CENTRO IN STOUSH WITH FEDERAL GOVERNMENT
Plans to transform major airports into massive retail (and
commercial) complexes are the subject of a major battle between some
of Australia’s biggest property owners – such as
Westfield and Centro – and the Federal Government.
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REPCO FLOAT DISAPPOINTS
Repco, which made a return to the boards of the Australian Stock
Exchange, has been a bit of a disappointment for those who might have
been hoping for a stagging profit.
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CASHCARD CEMENTS CENTRELINK CONTRACT
The contract includes Cashcard processing the EFT card via its
network and interchange links together with authorising card use for
Centrelink customers on a daily basis.
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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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