Latest Retail News – 22/12/2019
1. CBA offers cash back to customers who shop at Coles, JB HiFi.
2. Woolworths restructure will see spin off of liquor and hospitality business.
3. NRA says Aussies will spend $14b this Christmas.
4. Fashion retailer, Every Human, launches online aiming at differently-abled (disabled) people.
5. Spotlight plans to enter shopping centres with smaller format stores in drive for new clients.
6. RBA suggests slow income growth (low wages) impacting on retail spending.
7. Roy Morgan survey identifies premium brands as growing segment.
8. Woolies to provide zoo animals with surplus food.
9. Wholesaler pays $4.8m for collapsed online furniture retailer, Zanui.
10. Packaging refresh for Carlton Draught.
11. One in five online Black Friday purchases arrived late.
Articles Worth A Read –
Stress for workers at Christmas time - https://www.insideretail.com.au/news/when-the-festive-season-leads-to-burnout-201912