Latest Retail News – 11/1/2013
1. Specialty Fashion Group loses La Senza licence. 2. New music app allows retailers to chose in-shop music.
3. Three Pie Face franchisees plan to sue parent company claiming misled over costs and profits.
4. McDonalds to re-sign selected stores to “Maccas” for Australia Day period.
5. Chinese the world’s biggest luxury spenders.
6. QVM introduce Street Performance Festival 4th-27th January.
7. Federal Government to review franchising sector.
8. Selected AMP shopping centres trialled free wi-fi leading into Christmas.
9. Complaints that extreme supermarket price reductions like $1 bread are anti-competitive.
10. Fountain Gate Shopping Centre’s re-development makes it second largest in Australia.
11. Melbourne based gelato franchise, Trampoline Gelato opens first store in Queensland.
12. Australian dollar continues to show strength against major currencies.
13. Despite tough economic conditions, Australian new car sales rose 10.3% in 2012.