Harvey Norman's secret start-up
Harvey Norman has sunk almost $62 million into a secret start-up in the past two years, a retail joint venture that hasn't earned the listed operation a cent so far.
Catie Low covers the retail and consumer goods sectors.
Harvey Norman has sunk almost $62 million into a secret start-up in the past two years, a retail joint venture that hasn't earned the listed operation a cent so far.
Wesfarmers chairman Michael Chaney has branded Trumps' win a triumph of populism.
Workers at struggling food producer SPC Ardmona have warned of "economic devastation" across the Goulburn Valley if supermarket giant Woolworths dumps its canned fruit-sourcing arrangements.
Medibank CEO Craig Drummond has blamed a slowdown hitting the entire $20 billion industry for hindering revenue growth.
Australia's biggest supermarket is taking SPC Ardmona's tinned tomatoes off its shelves after cutting a deal with a new South Australian supplier for the canned commodity.
The Victorian Farmers Federation has warned the livelihoods of thousands farmers are on the line as Woolworths considers abandoning its $70 million agreement with SPC Ardmona two years into the five year deal.
Australia's $80 billion general apparel sector is at a crossroads and it's the end of the line for at least one of Australia's three discount department store chains.
David Jones plans to take luxury to Australia's affluent near-city suburbs with a bespoke, boutique format.
Billionaire retailer Gerry Harvey has defended how his sprawling retail empire reports its financial performance and shrugged off calls by a proxy adviser to draw back the veil on the complex relationship between Harvey Norman's head office and the franchised store network.
The supermarket wars are set to heat up another notch as Aldi is embarking on a major store overhaul and investing in fresh produce as its grapples with slowing sales growth from its mature east coast store network.
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