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Retail
Woolies' credit rating cut in sales slump
Sue Mitchell 1:03 PM Woolworths shares slid 5 per cent after Standard & Poor's cut its credit rating and analysts slashed their profit forecasts for the nation's largest retailer.
New Aldi store opens at Casey in Canberra's burgeoning north
Megan Doherty 1:02 PM So did you buy the pizza oven at the new Aldi opening in Canberra?
Dick Smith reborn as a website
Marc Moncrief 12:27 PM Iconic Aussie retailer Dick Smith has been reborn online, just a day after the brand's last bricks-and-mortar shops closed for good.
H&M; to open two new Melbourne stores
Melissa Singer 10:00 AM The assault on Melbourne by international fast-fashion brands is set to continue, with Swedish chain H&M; announcing two more stores, at Chadstone and Werribee.
Woolworths chases positive sales, not Coles
Catie Low 5:20 PM Woolworths chief Brad Banducci admitted the supermarket's immediate focus was on achieving positive growth, rather than bridging the widening sales gap with arch rival Coles.
SurfStitch shareholders get 'a punch in the guts'
Sue Mitchell 4:56 PM Investors say former Surfstitch CEO Justin Cameron would be supported if he launched a bid for the online retailer after a massive profit downgrade.
Big W, big problem
Elizabeth Knight 3:46 PM With its lower price strategy failing to win over grocery shoppers, Woolworths is under even more pressure to sort out Big W.
Woolworths 'long turnaround' plan not turning into sales
Catie Low Brad Banducci's turnaround strategy for Australia's biggest supermarket is yet to translate into sales, with the grocery giant losing share to Coles and Aldi across the third quarter.
7-Eleven 'used us as slaves'
Sarah Danckert A worker whose pay claim has been held up has lashed his treatment.
7-Eleven store owner hit with record fine
The owner of a Sydney 7-Eleven has been fined more than $200,000 after a court found he short-changed two migrant employees almost $50,000 and falsified records.
Size matters for Bonds' future
Catie Low Australian brands don't come any bigger than Bonds but an offshore owner might be the safest way to shore up its future.
Colgate colluded with Woolies to rip you off
Esther Han Household name Colgate has been found guilty of conspiring with two rivals and supermarket giant Woolworths.
Hanes plan to double PacBrands profits
Catie Low American apparel giant HanesBrands plans to double Pacific Brands' operating profit in three years by plugging its iconic Australian labels into the might of its global supply chain.
US reaches Down Under to get Bonds
Elizabeth Knight The passing of Pacific Brands' iconic Aussie brands to US hands will disappoint many. It shouldn't.
Dick Smith closing down sale: the strangest, saddest stuff that's left
Liam Mannix After an almost-four-month fire sale, Dick Smith's stores are well picked-over now. When Fairfax visited Melbourne's two CBD stores on Thursday morning, there was almost nothing of value left.
Box of 'original' Shapes selling online for $50 after new formula fails to impress
Allison Worrall Boxes of "original formula" Arnott's Shapes are now selling online for as high as $50 amid a customer outcry about the taste of the "new and improved" biscuits.
Coca-Cola Amatil forecasts under pressure as prices fall
Sue Mitchell Analysts are reviewing profit forecasts for Coca-Cola Amatil amid aggressive discounting of carbonated soft drinks and bottled water, which contributed to weak prices for non-alcoholic beverages in the March quarter.
Gorman lashed over Instagram post of factory worker
Melissa Singer Known for its quirky prints and "organic" approach to fashion, Australian label Gorman is under fire over a public relations exercise about its supply chain.
Pay day for Premier's CEO Mark McInnes
Sue Mitchell Premier Investments has "locked up" its retail chief executive Mark McInnes for another few years by awarding him a $1 million-plus pay rise, paying his rent for three years and giving him clearance to sell shares worth more than $12 million.
What women really spend the money on
Esther Han They control 75 per cent of retail spending. But where does it go?
Shoe store to close after 135 years
Bhakthi Puvanenthiran The last handmade dance shoe shop in Australia is closing its doors.
iPhone sales fall for the first time
Is it a stumble, or a turning point? Apple misses Wall Street targets as sales of its biggest product decline for the first time.
Woolworths could face roasting over Anzac Day trading
Sue Mitchell Supermarket chain's Anzac Day trading procedures are being looked into but it has defended its pre-opening preparation work.
Surfstitch under pressure as shares sink
Sue Mitchell SurfStitch chairman Howard McDonald is under pressure to update investors on the likelihood of a takeover offer as shares in the online action sports retailer sink to record lows.
Coles cries foul over Anzac Day chooks
Sue Mitchell Coles is crying "fowl" over strict Anzac Day trading hours, claiming that arch-rival Woolworths broke the law by putting staff into stores before opening time to cook the chooks and put buns in the ovens.
Supermarkets' top employee: you
Sue Mitchell Self-serve checkouts and shelf-ready packaging have helped supermarkets reduce their wages burden to the lowest level since 2004.
Unilever reads tea leaves on T2 deal
Sue Mitchell It was never going to be a bargain, but Unilever's acquisition of T2 has cost the world's largest tea company less than expected.
Key plank of lockout laws delayed
James Robertson Hospitality lobby first heard the news that its members would not be penalised with risk-based licensing fees.
Double dissolution puts senate inquiries on ice
Catie Low More than 50 Senate Inquiries hang in the balance now the government is on track for a double dissolution election.
Shaver Shop chases new growth and listing
Catie Low There are no hairs on Shaver Shop - the retailer is eyeing its 100th store and a possible float.
