The National Retail Federation issued the following statement from President and CEO Matthew Shay on President Obama’s State of the Union address: “We have repeatedly called on Congress and President Obama to make the economy ...
Tags: NRF, Obama, Economy, Job Creation
New Citroen importer Sime Darby has targeted a 35 per cent sales increase in Australian sales in 2013. The forecast comes as Sime Darby – also the official importer of Peugeot – officially takes management of Citroen from ...
Tags: Citroen, Australian Sales, 2015
Italy's new car registrations amounted to 113,525 units in January, down 17.6 percent year on year, according to the Italian automotive industry association Anfia. Anfia president Roberto Vavassori stated, "The opening of 2013 witnessed ...
The UK's Food Standards Agency has said it will publish the results of tests for horse meat DNA to be carried out on beef burgers sold at UK retailers. In mid-January, frozen beef burgers on sale at a number of retailers in the UK and ...
Tags: horse meat, beef burgers, food labels
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
Pressure is mounting on the banks to pass on to customers savings from the thawing in wholesale funding markets, with retailers and mortgage brokers seizing on revelations the banks are raising money at the cheapest rates in years. Ahead ...
Tags: rate cuts, funding markets, debt markets
During 2012, the Marimekko Group’s net sales grew by 14 per cent and international sales by 31 per cent due to openings of new stores. Profitability declined, but cash flow increased significantly. The trend in the closing quarter of ...
Tags: Net sales, Brand sales, Apparel industry
According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 73.6 points in December last year, increased by three percent month on month in ...
Tags: consumer confidence index, Turkey, economy
The Australian dollar moved higher with traders largely shrugging off Julia Gillard's surprise calling of a September 14 election. The announcement stunned political pundits but elicited little reaction in currency markets. At 4.30pm ...
The Australian dollar moved higher in Asian trading, largely ignoring the announcement of a federal election on September 14. The announcement stunned political pundits but elicited little reaction in currency markets. At 5pm AEDT, the ...
Given the recent news that a sample of Tesco Everyday Value Beef burgers contained 29% horse meat, it’s interesting to see that McDonald’s has unveiled new packaging designs which it says are the latest step in their ...
Energy shares powered blue-chip stocks to five-year highs as Valero Energy reported better-than-expected earnings and investors shrugged off sluggish consumer-confidence data. The Dow Jones Industrial Average added 72.49 points, or 0.5 ...
Tags: ENERGY shares, sharemarket, Valero Energy, Us Stocks
The US dollar lost ground versus major rivals Tuesday, while the Australian and New Zealand currencies gained after upbeat economic data from the two South Pacific nations. The ICE dollar index, which measures the greenback against a ...
Tags: US dollar, currencies, ICE dollar index
The National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent ...
Tags: NRF, US Retail Sales, 2013
Pantone's choice of emerald as the color of the year might just be the perfect pick. As the 2013 market season gets under way here, industry leaders are expecting strong activity in the months ahead, and green hues could be a spot-on symbol ...
Tags: Pantone, Robust Activity, furniture