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Latest industry news from around the web . . .

Former Coles chief Ian McLeod to le...

Former Coles boss Ian McLeod has resigned from the Perth-based conglomerate Wesfarmers to join US retail giant Bi-Lo Holdings. Mr McLeod's departure comes just six months after a change in his role ... read more

Rent-a-cop scheme starts to pay off

Cape Town - With mall attacks on the increase, the City of Cape Town is expecting more shopping centres to make use of its rent-a-cop scheme to bolster security. The city’s ... read more

Shopping centres offer rich picking...

Investors ploughed the largest amount of money into Britain’s shopping centres in almost a decade in 2014 — and this year is expected to be even better. Figures from CBRE, the ... read more

Woolworths, Coles set for cheap fue...

Companies involved in Australia's biggest supply chains, including Woolworths and Wesfarmers, are poised to benefit from the falling oil price if transport companies such as Toll Holdings pass on fuel ... read more

Ramsay Health Care joins pharmacy b...

Supermarket giants could find a new ally for their push to break open the lucrative pharmacy industry in private hospital operator Ramsay Health Care, which wants rules that limit ownership ... read more

Sephora in damage control over brok...

International cosmetics giant Sephora has gone into damage control amid a customer backlash over revelations it is flouting promises that it would not engage in price gouging. Sephora held a meeting ... read more

Small businesses unhappy over Westf...

The chief executive of the Council of Small Businesses of Australia says Westfield's plan to extending holiday trading hours comes at a cost to his members. "It might mean the customer ... read more

Sydney siege casts pall over Christ...

Retailers fear the siege in Sydney could further dampen already subdued consumer sentiment in the countdown to Christmas. "I don't want to be prophet of doom and gloom but you do ... read more

Retail giant Woolworths rolls out s...

Retail heavyweight Woolworths has made its first land grab, as it rolls out its new convenience store strategy in Melbourne. The retail giant has signed up for two CBD locations on ... read more

CROWDS GATHER FOR FOREVER 21 STORE ...

Fashion giant Forever 21’s firstSydney store is now open, after they swung open their Macquarie Centre doors to crowds at 9am on Thursday 11th December 2014. The official ribbon cutting ... read more

Coles to refund suppliers as it set...

Supermarket chain Coles is facing penalties of $10 million and has offered to refund certain payments to suppliers after admitting that it engaged in unconscionable conduct. In a major mea culpa, ... read more

A retail queen’s tips for lunch, ...

RETAIL queen Amanda Swale has brought her successful One Rundle Trading empire to the city by opening a new store in the East End. One Rundle Trading (ORT) has opened in ... read more

Tesla bumps up retail presence in S...

US electric vehicle maker Tesla is to rapidly expand its retail and service centres in Australia, with stores planned in Sydney and Melbourne in coming months. The company plans its official ... read more

Solomon Lew: Melbourne’s Billiona...

Solomon Lew is the man they call Melbourne’s Mr Retail and he is one of the richest men in Australia with a vast fortune built up over his 69 years ... read more

Australian retail spending in 2014 ...

SYDNEY, Dec. 10 (Xinhua) -- Retail spending in Australia in 2014 has surpassed levels not seen since before the global financial crisis (GFC), according to a new report released Wednesday. The ... read more

Federation Centres purchases Curram...

Federation Centres (FDC) announces that it has completed the purchase of Currambine Central shopping centre in Western Australia for $74 million. The convenience shopping centre is located 30 kilometres to the ... read more

Gerry Harvey says retail fine as co...

The latest Westpac-Melbourne Institute survey showed consumer sentiment had dropped to its lowest point in more than three years. The result, described by Westpac chief economist Greg Evans as disturbing, was ... read more

Private label grocery sales rise 6....

Private label groceries were once so cheap and nasty they were hidden at the bottom of the shopping trolley under national brands such as Heinz, Huggies, Rosella and Streets. Now a ... read more

Tesla to open retail stores in Aust...

Tesla is set to open compact retail "stores" in Australia. Just as Apple changed the way people buy computers, Tesla hopes to make your next automotive purchase a completely different experience. The ... read more

Colliers International 2015 Asia Pa...

  Sector-by-sector forecasts for the year ahead in Australian property   UNDER EMBARGO UNTIL TUESDAY 9 DEC, 2014 Sydney– OFFICE (INVESTMENT) John Marasco – Managing Director, Capital Markets & Investment Services (0412 211 033) New investors ... read more

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