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Despite the worldwide economic recession and the laid-back attitude of the American wine consumers, there was an increase in the shipment of California sparkling wine in 2009. As announced by the Wine Institute, California vintners witnessed an increase in shipments in the time of financial meltdown pervious year, registering a 0.2% growth in the US wine market sales- 467.7 Million Gallons, as per the news published by examiner . California   ... Read more
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United States' Retail Sales To Slow Down in 2007
21 Jun, 2007
United States' retail sales for the year 2007 are estimated to slow down 4.8% over the previous year's (2006) 6.3%. The retailers in US expect moderate gains in the H1 of 2007 while they are estimated to be subdued in H2, as per National Retail Federation's (NRF). It's expected that retail sales ...Read more

China: Retail Industry Expanding And Facing Competition
21 Jun, 2007
The latest study made by China Association of Chain Management showsand , as published inby news by China Economic Net, shows that enteringin the year 2007, foreign-funded retail chain enterprises are opening new stores, adopting co-operation, acquisitions and other ways to speed up expansion in ...Read more

Retail Concentration Increases in Hungary
20 Jun, 2007
Total business space in retail market increased by 288,000 sq. m in first three quarters to 17.6 million sq. m, including around 11,000 sq. m rise in Q3 in Hungary. Number of retail shops declined by around 780 in Q3 2006. Decline in mom-and-pop stores was around 1,357 in the period, contributing ...Read more

Consumer Demand & Weak Rand Boost South African Retail Industry
20 Jun, 2007
South African retail sales increased by 13.6% in September 2006 year-on-year, as per the latest data from Statistics South Africa. Consumer demand has been the key growth driver in South African economy in last few years, though demand is estimated to slow down, as interest rates are likely to ...Read more

Surprisingly Strong Growth in Retail Sales in Australia
20 Jun, 2007
Retail sales in Australia grew strongly in the month of October, almost double the market forecast. Retail sales in Australia grew strongly in the month of October, almost double the market forecast, resulted bya combination of encouraging factors like higher wages, reduced petrol prices, and an ...Read more

Weak-Mainland-Tourist-Arrivals-in-Hong-Kong-Affect-Retail-Sales
20 Jun, 2007
Despite faring below expectations, Hong Kong retail sales witnessed a strong growth in October 2006 jumping to US$ 2.3 Billion. Despite faring below expectations, Hong Kong retail sales witnessed a strong growth in October 2006 as the Asian nation saw its retail sales jumping to US$ 2.3 Billion, ...Read more

Zimbabwe Will Broaden Its Market Base
20 Jun, 2007
ZIMBABWE has plans of launching retail shops in money making local and global markets for boosting exports and broadening its market base. The Industry & International Trade Ministry said that the retail stores, to be launched in the beginning of 2007, would be replacing bonded stores that ...Read more

NZ Retail Sales Rise in Q3 2006
20 Jun, 2007
NZ (New Zealand) retail sales rose in third quarter of this year, strengthening the risk of rise in interest rate in near term, according to news published in International Herald Tribune. As per Darren Gibbs, Deutsche Bank's chief economist, inflation risks remain in economy, as there is not much ...Read more

Retail Earnings & Inflation Top Market Agenda in US
20 Jun, 2007
Wall Street will resume watch on inflation & retail earnings with chief focus on consumer & producer prices that are set for release. Investors may also begin making their holiday checklists as US retailers plan to announce their Q3 results this week, reports Business Week on November 12 ...Read more

Retail Sales in Euro Zone Declined in September
20 Jun, 2007
Retail sales in Euro Zone declined by 0.6% in September 2006, as compared to August retail sales but rose by 1.4% year-on-year, as per Eurostat, statistics office of EU. However, economists believe that this will not change ECB's (European Central Bank) plan to hike the interest rates. Private ...Read more

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