Latest
Retail News - 25/8/2013
1. Woolworths says Sundays
becoming almost as popular as Saturdays for shopping.
2. Priceline pushes home brands
just like supermarkets.
3. Roy Morgan Research says
"Australian made" more important to consumers today.
4. Toys R Us plans global
expansion with focus on China.
5. Westfarmers lifts profit by
6.3% for 2013 but Target division profit halves.
6. 60 store kitchenware chain,
King of Knives, placed in administration.
7. QBD The Bookshop continues
expansion with 3 new stores in Westfield centres.
8. Reject Shop reports 11% profit
drop following 40 new stores rollout.
9. Epping Plaza to rebrand as
Epping Pacific with launch of new Urban Diner restaurant precinct.
10. Super Retail group reports 23%
profit lift as consumers continue to spend on their auto, sport, and leisure
hobbies.
11. PayPal says Australia leads
the world in mobile retail purchasing with 28% of purchases done from mobiles.
12. MasterCard launches Master
Pass for easy online purchasing without filling out forms.
13. Woolworths buys popular online
retailer, EziBuy.
14. Father's Day spending expected
to be around half of Mother's Day.
15. PAC Brands (Bonds etc.)
returns to profit for first time since 2010.