Breaking Ground in Food DesertsSupermarket NewsIndependent retailers play a major role in the national effort to build food stores in low-access areas. “I was inspired by the possibility that what I do for a living could help people.” Jeff Brown found his calling about 10 years ago when he joined …and more »
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The Age
Independent retail growing againThe AgeThe clothing & accessories sector is also still very weak with average sales levels among the independent approximately on a par with 2004. Photo: Tamara Voninski The independent retail sector continued to steady in March at trading levels well above …and more »
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Retail Stocks Cool Down as Consumer Spending Softens in AprilMarketWatch (press release)NEW YORK, NY, May 17, 2012 (MARKETWIRE via COMTEX) — After an impressive first quarter retail stocks have cooled off recently as recent data shows consumer spending softened last month. SPDR S&P Retail ETF (XRT) — which seeks to replicate an index …and more »
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Bloomberg
Retail sales soft in April; consumer prices flatLos Angeles TimesBy Don Lee WASHINGTON — Add slowing retail sales to the story of the payback for the warm winter weather. The Commerce Department said Tuesday that retail spending in April rose a tiny 0.1% from the prior month, seasonally adjusted.Retail Sales SubduedWall Street JournalRetail Sales Increase [...]
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Sound It Out Records named Best Independent RetailerGazette Liveby Chris Hole, Evening Gazette Sound It Out Records, in Stockton, was named Best Independent Retailer at the Music Week Awards 2012. It beat off competition from a host of other stores from elsewhere to scoop the title. And it capped off a great week …and more »
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Sydney Morning Herald
Independent retail growing againSydney Morning HeraldAnalysis The independent retail sector continued to steady in March at trading levels well above those experienced during the last Christmas shopping season. Sales for the Australian Bureau of Statistics' “sample sector” – a rough proxy for the …and more »
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Nordstrom Ranks First in Luxury for Wealthy Shoppers; High-End Retailer Earns …MarketWatch (press release)NEW YORK, May 8, 2012 (GlobeNewswire via COMTEX) — Wealthy US shoppers earning at least $ 150000 a year rank Nordstrom highest among luxury retailers in the 2012 Luxury Consumer Experience Index (LCEI) survey by the independent and objective New …and [...]
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BigPond News
Some Australia retail sales data accidentally released earlyReutersSYDNEY May 7 (Reuters) – The Australian government's statistics agency said some figures relating to its March retail sales report published on Monday had been emailed in error to six clients 20 minutes ahead of the 0130 GMT release schedule.Australian March Retail Sales Rose 0.9% Vs +0.2% [...]
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msnbc.com
April retail sales fall short of predictionsChicago TribuneRetail sales in April fell short of already-lowered expectations, but retail analysts said it wasn't necessarily a sign of a broad cutback in spending by consumers. Same-stores sales — merchandise sold in stores open at least a year — gained only …April Retail Sales Worst Since 2009TheStreet.comApril retail [...]
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The Guardian
Argos owner Home Retail Group in 'brutal' payout cut after profit plungeThe IndependentNick Bubb, independent retail analyst, said it had been "another disastrous year for Argos" and scrapping the final dividend was "pretty brutal". He was also disappointed at the lack of detail on future store plans. Freddie George, analyst at Seymour …News roundup–Next, [...]
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