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Sunday, 22 April 2012

Latest Retail News – 21/04/2012

      1.       QVM creates a new night market for the month of August – Lunar 1878.
2.       Australia Post launches Farmhouse Direct – fresh produce post from farmer to consumer.
3.       Westpac Index of Consumer Sentiment surprised commentators with a 1.6% fall in April.
4.       US retail sales in March up 4% over last year.
5.       MYOB says small/medium business confidence lowest in over 2 years.
6.       Westfield sells 8 non-core shopping centres in US.
7.       Retail property owners warned of changing landscape as online grows.
8.       Government to pay a $1000 bonus for employing over 50’s.
9.       British fashion icon Aquascutum placed in receivership.
10.   Priceline increases profit by 3.1% and launches expansion program.