Tag: Retail
Three dead in US shopping frenzy
The day after the US Thanksgiving Day marks the traditional start of the holiday shopping season, when retailers can make up to 40 per cent of their annual sales. Crowds gathered outside stores for pre-dawn deals.[MORE]
US shoppers flock to secure holiday bargains
In the United States, the traditional start of the holiday shopping season has begun with millions of people flocking to stores and thousands lining up before dawn.[MORE]
UK Woolies collapses with $1b debt
UK retailer Woolworths has collapsed after failing to sell for one pound, after nearly 100 years of trading.[MORE]
Centro Properties fears collapse
Shopping centre owner Centro Properties Group has warned it may fall victim to the subprime crisis.[MORE]
Woolworths confident of weathering economic storm
Woolworths says it is well-placed to weather the economic downturn and plans to spend $2 billion upgrading about 350 stores around the country.[MORE]
Britain's Woolworths, MFI go bust
Major British retailer Woolworths has gone into administration, the BBC reported, after another high-street chain, MFI, announced it was calling in administrators.[MORE]
Christmas sales come early for retailers
Feature
For Australia to Britain and the United States, the story's the same - times are tough and this year's sales have come early.[MORE]
David Jones expansion not dependent on trading hours
The department store David Jones says plans for expansion in Western Australia will not be affected by the state's retail trading hours.[MORE]
David Jones boss encourages Govt spending
The head of the department store David Jones has urged the Government to spend more to boost the economy.[MORE]
GroceryChoice website won't undermine independence: Choice
The consumer group Choice says its independence will not be compromised if it takes over the Federal Government's GroceryChoice website.[MORE]
David Jones to open new stores
Retailer David Jones plans to open three new stores during the next few years. [MORE]
Traders' association struggles to find board members
The head of the Bendigo Traders Association say it is difficult to find members who will sit on its board because they are so busy.[MORE]
Grafton shopping centre revamp promises jobs boost
The upgrade of a large shopping complex in Grafton is expected to create up to 400 jobs. [MORE]
Analysts say retail figures point to economic slowdown
Analysts say the latest retail trade figures point to a weakening economy. [MORE]
Retailers pinning hopes on Christmas spending
Queensland's peak business lobby group is hoping the spirit of Christmas will help carry troubled retailers through to the New Year.[MORE]
Dow slumps again as retail sales drop
US stocks lose more ground after release of dismal retail sales figures.[MORE]
Developer scraps bulky goods plan
The developer Leasecorp says the economic climate has made it non-viable to pursue the development of a precinct for bulky goods in Broken Hill.[MORE]
Govt urged to scrap Grocery Choice 'farce'
The Federal Government is being urged to drop its Grocery Choice scheme after the similar FuelWatch initiative was voted down in the Senate earlier this week.[MORE]
Economic woes force shopping plan changes
The plans for a $40 million shopping centre in Gossan Street in Broken Hill will be scaled back.[MORE]
Westfield expects 5.5pc earnings boost
Shopping centre owner Westfield Group expects operational earnings to increase by 5.5 per cent this year in line with previous forecasts. [MORE]
Pipe construction promises flow-on retail benefits
The chairman of a Brisbane Valley retail co-operative says the local economy will benefit when a pipeline construction crew moves in.[MORE]
Retailers say laybys becoming increasingly popular
Consumers are turning to laybys as a way of doing their Christmas shopping in tough economic times.[MORE]
Leasecorp to offer development reassurances
The director of the Leasecorp group of companies, Steve Palyga, says he will give a reassurance at the Business Broken Hill information forum tomorrow night that his development is still going ahead.[MORE]
Kmart 'shuts out 150 workers'
A union says 150 workers have been locked out of a western Sydney Kmart warehouse after striking last week.[MORE]
Individual pay deals bad for women, inquiry told
A federal inquiry into pay rates has heard there is a widening gap in earnings for men and women who individually bargain over pay and job conditions.[MORE]
