Wesfarmers to cut product range to drive efficiency at Coles
Coles supermarkets will slash its product range by as much as 15 per cent in coming years as owner Wesfarmers drives the efficiency of the business.
Coles supermarkets will slash its product range by as much as 15 per cent in coming years as owner Wesfarmers drives the efficiency of the business.
More than half a billion dollars worth of discount hardware is set to hit shelve.
A merger of Home Timber & Hardware and Mitre 10 has been finalised, creating new a hardware giant set to take on Bunnings.
It's hard to keep investors excited when growth slows after a record year, the former market darling finds.
The a2 Milk Company has hit the top of its earnings outlook for fiscal 2016, unveiling a full year profit underpinned by growing Chinese demand for its infant formula.
There are a lot of moving parts that make up the performance of monster conglomerate Wesfarmers but there are only a few that really make a difference.
The conglomerate's full-year net profit slumped by more than 83 per cent to $407 million after big losses from its coal division and problem child Target.
Retailer Dick Smith has delivered $6.5 million in sales since it shut its doors and reopened as an online-only store owned by Kogan.com.
Woolworths is overhauling its loyalty program less than a year after the unpopular revamp that introduced orange tickets.
When Woolworths reports its full-year results on Thursday, expect to see a loss about $1 billion, analysts say, following restructuring costs and its exit from the disastrous Masters hardware business.
Australia's third largest employer, supermarket giant Coles, knew that more than half its workers were paid below legal minimum wages
Australia's love affair with the idiot box has endured a retail downturn that has otherwise seen shoppers snap their wallets shut.
Orange tickets begone? Woolworths appears set to relaunch its rewards program and scrap the "Woolworths Dollars" scheme.
Organic infant formula maker Bellamy's Australia has more than tripled its full year profit to $38.3 million.
Treasury Wine Estates is sitting on an $800 million pot of gold in luxury wines which should lift profit margins further.
Woolworths shareholders are impatient for Australia's biggest supermarket chain to conclude a deal to sell Home Timber & Hardware and its disastrous Masters Home Improvement chain.
When Cotton On cuts the ribbon on its Melbourne megastore on Friday it will be taking on the world from its own backyard.
German supermarket chain Aldi revels in austerity but that hasn't stopped a widening scandal about, of all things, extravagant spending.
Domino's Pizza will be using robots to deliver pizzas within as little as six months as it drives its investment in digital technology.
JB Hi-Fi says CDs and DVDs are part of its DNA.
Brokers are calling it a day on JB Hi-Fi, saying that the best of the retailer's share price performance looks behind it, at least for now.
Domino's Pizza Enterprises' net profit surged 28.7 per cent to $82.4 million in 2016 but fell short of forecasts due to costs associated with the acquisition of pizza chains in France and Germany during the year.
Domino's Pizza is hoping faster delivery and pick-up times and innovations like SMS ordering will entice time-poor customers from its rivals.
Online fresh food delivery company Aussie Farmers Direct has pledged to go toe-to-toe with Coles and Woolworths on price.
The demise of electronics retailer Dick Smith has supercharged the profits of its major competitor, JB Hi-Fi.
JB Hi-Fi is riding high in the wake of rival retailer Dick Smith's collapse, but says the tailwinds it is enjoying will fade before Christmas.
If your car is running on empty, now is the time to fill up.
JB Hi-Fi's net profit rose a better than expected 11.5 per cent to $152.2 million in 2016, underpinned by robust demand for consumer electronics and market share gains in the wake of the collapse of Dick Smith.
German supermarket Aldi has yet to sign up to a tax disclosure code that will lead to more big businesses releasing detailed information about the tax they pay.
There are 1200 marginal retailers at risk of corporate collapse this financial year, according to analysis by an insolvency firm.
Does it make sense to invest in this booming trend? Meet two growing players.
The ATO is being urged to take legal recovery action earlier to prevent small to medium companies trading while insolvent.