Latest Retail News – 12/2/2017
1. Ralph Lauren CEO resigns after “dire” results.
2. ABS reports moderate retail sales growth in December.
3. Mobile phone retailer, Allphones, enters administration.
4. Kathmandu says solid same store growth in first half.
5. Men’s formalwear brands Herringbone and Rhodes & Beckett appoint administrators.
6. Premier Investments, Solomon Lew, says group achieved record first half sales.
7. UK supermarket giant, Tesco, buys up food wholesaler.
8. Alibaba opens Australian headquarters in Melbourne.
9. L’Oreal receives offer for struggling Body Shop chain.
10. Aldi becomes Britain’s fifth largest supermarket.