Jubilee boost for June’s grocery sales

first_imgGrocery retailers have reported their highest balance of year-on-year (YOY) sales this month since February 2010, according to the latest statistics.TheConfederation of British Industry (CBI) has published its latest Distributive Trades Survey for the period from 24 May to 14 June 2012, revealing an 85% rise in YOY sales for the month.The UK business lobbying organisation also found a 42% overall rise in sales volumes among high street retailers during the first two weeks of the said period, compared to a year ago. This is the fastest growth reported since December 2010 (+56%).Judith McKenna, chair of the CBI Distributive Trades Panel and Asda’s chief operating officer, said: “Retailers have continued to report strong growth in both their sales and orders. The Jubilee provided a much-needed boost to our high streets, with many families and communities making the most of the Bank Holiday and coming together to celebrate.“However, it is notable that sales were still considered to be below-par for the time of year. Weak consumer confidence and uncertainty over the economic outlook are still putting a brake on consumer spending across the whole retail sector.”Businesses recorded a 23% increase in orders, compared to 18% in June 2011, while a 10% reduction in volume of sales was seen to be below-average for the time of year.Wholesalers saw a broadly flat rate of +1% volume of sales compared to a year ago (+16%).CBI explained that although retailers are expecting strong increases in both sales and order volumes in the year to July (+32% and +21% respectively), “the pace of growth is expected to ease somewhat, relative to June”.last_img read more

Gold Coast house sells four days after hitting the market

first_img MORE NEWS: Major surge in QLD farmland prices The home’s green space was particularly appealing to prospective buyers.The sale marked one of several the Kollosche team has settled in a matter of days recently.Mr Kollosche said the end of the federal election campaign and more relaxed lending criteria had changed people’s sentiment.“It’s giving people more confidence,” he said. “Post election, we’ve had a good run of sales.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 It’s easy to see why the buyers wanted the property at 319 Monaco St, Broadbeach, so much.A PALM Springs-inspired house at Broadbeach Waters had been on the market for less than a week when a Gold Coast buyer agreed to splash millions on it.Multiple house hunters were eyeing off the sprawling 1592sq m property on Monaco Street’s waterfront but a $5.05 million offer sealed the deal.Kollosche director Michael Kollosche and fellow marketing agent Eoghan Murphy conducted eight inspections within 24 hours and received three offers prior to its sale. There is a lot to love about the home, including that water view. The agents received three offers prior to its sale.“We sold it within four days,” Mr Kollosche said.“Apart from its architecture and the coastal feel that it has, it’s just a really nice family home.More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“A lot of people just liked the fact that it had plenty of yard.”The sellers, who owned the house for a decade, spent two years renovating the residence to give it a relaxed Palm Springs vibe.The main house features four bedrooms while a guesthouse offers extra space for larger families, dual-living arrangements, live-in carers or as short-stay accommodation.A double-sided gas fireplace separating the living and dining areas in the main house, an office, temperature-controlled wine cellar, media room and multiple outdoor entertainment areas are among its highlights. MORE NEWS: Unusual feature sells house The local buyer splashed more than $5 million on the house.last_img read more

Okyere has been named as Black Stars video analyst

first_imgThe Ghana Football Association(GFA) have contracted Michael Okyere to be the video analyst for the Black Stars at the 2013 Africa Cup of Nations tournament.Okyere is expected to furnish the coach, players and management with detailed analytical reports of the strength and weaknesses of the side and its opponents before and after games in South Africa.He will be required, if necessary to have one-on-one sessions with players and the technical team on ways of improving their game and capitalizing on the opposition’s frailties.The Ghanaian who was trained at English club Manchester City succeeds Serbian Aleksandar Rosic who did a similar job for Black Stars at the last Nations Cup in Gabon and Equatorial Guinea.The role of a video analyst has become important in modern day football as an emerging coaching specialty, where most of the elite clubs in the world have set up such departments to augment the efforts of the technical team.Okyere has already began work and traveled with the Black Stars team, for their pre-Nations Cup camp in Abu Dhabi. His inclusion in the Black Stars set up is the first benefit to be derived by the Ghana FA from the partnership agreement with English giants, Manchester City.last_img read more