Latest News - 13/11/2011
1. Federal industry minister Kim Carr has lashed out at supermarket giants Coles and Woolworths for abusing market power.
2. The 5 remaining Angus & Robertson bookstores have been purchased by Supanews who operate 52 newsagents across the country.
3. Myer report a 5.1% sales drop in September quarter.
4. Giant retailer Best Buy is to axe its UK superstores in favour of smaller format stores.
5. Myer is to close two stores including Forrest Hills and reduce its store sizes.
6. Ikea is to open its third Sydney store.
7. Southgate, Melbourne has been relaunched with a host of new retailers.