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06 Feb 12 - Business Retail Trade News
State's retail trade slides
TASMANIA'S retail sector ended its winning streak in December with a 0.1 per cent contraction in sales. The state's retailers turned over $434.7 million in trend terms during the month, the Australian Bureau of Statistics said, down $200000 on November ...
Poor retail results spark rate cut call
Picture: Kym Smith Source: News Limited BUSINESS leaders are urging the Reserve Bank to cut interest rates today, following a poor retail trade result over the Christmas period. Figures released yesterday by the Australian Bureau of Statistics show SA ...
Retail figures show no joy for Christmas trade
Retail turnover fell a seasonally adjusted 0.1 percent in December, according to the latest Australian Bureau of Statistics Trade figures, following a rise of 0.1 percent in November 2011. Pushing the figure down was an 0.7 percent slump in food ...
AP govt may take over retail liquor trade
HYDERABAD: In a move aimed at neutralizing the powerful private liquor lobby in the state, the Andhra Pradesh government is taking steps towards taking full control of the liquor retail trade in the state which is now in the hands of private syndicates ...
Stocks trade close to year's high
The S&P/ASX 200 index rose 44.8 points, or 1.05 per cent, to 4296 points but finished off the day's high after December retail sales continued to reflect a gloomy domestic growth outlook. Bloomberg reports that almost 90 per cent of economists expect a ...
Greek economic mood sours even more in Jan
The Foundation for Economic and Industrial Research (IOBE) said its index -- based on consumer confidence gauges and sub-indexes for business expectations in industry, construction, retail trade and services -- edged lower to 74.9 from 75.7 points in ...
US January ISM Non-Manufacturing Report on Business (Text)
(Retail Trade) •“Business is still stable; however, inflation in food prices is still a problem.” (Wholesale Trade) COMMODITIES REPORTED UP / DOWN IN PRICE, and IN SHORT SUPPLY Commodities Up in Price Airfares; Beef; Chemical Products; Chicken; Crab; ...
Retail pain turns focus to rate cuts
A weak set of sales figures from retailers Kmart and Target will give the Reserve Bank a few more reasons why it should cut interest rates on Tuesday to take some heat out of the rising Australian dollar and the carry trade that is pushing it up.
Protecting workers' rights is not always black and white
It seems that when it comes to protecting workers' rights and ethical trade, many of us have developed a number of black and white assumptions about what's good for other people.
Saxo bank sets up global retail trading
His colleague Mr Fournais said that half of Saxo's business worldwide was direct clients. Mr Fournais said that although retail clients could trade commodities via the futures market, Saxo's platform allowed extra dimensions such as hedging foreign ...
Consumers still on strike; Petrol price to fall
For the 2011 calendar year, retail sales grew by just 2.4 per cent. CommSec estimates that this is the slowest growth rate in records going back 50 years.
China's Loss in Trade Appeal a Boon for U.S. Businesses
By Karen M. Koenig | 02/06/2012 11:09:00 AM The latest ruling by the World Trade Organization appeals panel against China for deliberately limiting its exports of raw materials for the steel and chemicals industries could have a far reaching impact on ...
How do you take your Papa Murphy's pizza?
At first blush this other Papa pizza sounds like a flimsy franchised business proposition. No delivery. No oven. No freezer.
Interest rate cut likely in Australia
Small business owners certainly hope another rate cut is on the cards, following on from the reductions in November and December, as they face the financial ramifications of soft trading conditions. "It makes good economic sense to ensure this sector, ...
New retail vendor license growth shows growing confidence in region
The growth comes a year after six of seven Miami Valley counties experienced declines in the number of new retail vendor licenses.
Nilgiris climbs out of a tailspin and towards recovery
For the pioneering, iconic retail super market chain Nilgiris Dairy—a household name in South India, decades before the Biyanis and Ambanis of the world decided to enter the space—the past five years have been perhaps the most turbulent in recent ...
Ikea plans to have four megastores in Sydney
Swedish retail giant Ikea remains bullish that its plans to open another three megastores in Sydney will go ahead despite the recent dip in retail trade. Managing director David Hood believes the homewares vendor can grow sales in a tough retail ...
Retail sales fall 0.1%, Job ads hit two-year high: Midday Roundup
The benchmark S&P/ASX200 index was up 51.5 points or 1.2% to 4302.7, while the Australian dollar has fallen after the retail trade data was released, down to $US1.07c. AMP shares rose 1.42% to $4.28, while Commonwealth Bank shares rose 0.81% to $50.98.
Another rates cut vital after flat retail in November
CONSUMERS didn't exactly shop the house down in the run-up to Christmas, according to the latest retail trade figures. The November figures reported no change from the month before, showing Australians were still feeling pressure on their household ...
Super Retail's Peter Birtles
Stephen Bartholomeusz: Peter, earlier this month you issued a trading update which appeared to show you defying retail gravity with sales and margins up. What is it about your model that makes you different from your peers? Peter Birtles: Well, I think ...
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