Latest Retail News – 2/6/2012
1.
60 Australian Games stores close.
2.
TV still the most influential advertising although
online catching up.
3.
The Australian Retailers Association, PayPal
and eBay have signed a partnership to reflect retail landscape's shift towards
digital retailing.
4.
NAB reports that vast majority of online
spending is with local sites.
5.
PayPal introduces store payments into US
bricks’n’mortar retailers.
6.
Australians about half as likely to use apps
or smartphones for online purchasing as their UK counterparts.
7.
American Apparel launches Myer in-store
presence in Melbourne and Sydney as it fights back from trading difficulties.
8.
Spanish retail sales drop 9.8% year on year in
April.
9.
Australia’s year on year retail sales up 3% in
April but trend weakening.
10.
David Jones report April quarter sales down
about 3%.
11.
Australia’s lowest paid workers awarded $17.10
per week increase.
12.
18,000 NSW Retail Workers fight against plans
to open on Boxing Day.
13.
RBA urges banks to introduce real time funds
transfers across their networks.
