Business Retail News

The Bellamy's board voted to remove Ms McBain as chief executive at a meeting on Wednesday, insiders say.

Bellamy's CEO to exit in wake of $500m share plunge

Bellamy's Australia chief executive Laura McBain will leave the company in the wake of its remarkable share price plunge.

The year that drove us to drink

It was a good year for grog sales. Revenue at alcohol giants Treasury Wine Estates (TWE) and Carlton & United Breweries (CUB) grew by 19.1 per cent and 15.7 per cent last year.

The Brisbane-based company has 329 stores Michael Hill and Emma & Roe stores across Australia, New Zealand, Canada and ...

Australia, Canada brights spots for jeweller Michael Hill

Shares in Michael Hill International gained 2.8 per cent after the jeweller said same-store sales grew 2.5 per cent in December.

Clothing store Culture Kings has had to close its online store after a fire tore through a Brisbane warehouse.

Culture Kings online store closes after warehouse fire

A popular Australian streetwear company has closed their online store after a fire tore through it's main warehouse in Brisbane's south on Sunday afternoon.

Cotton On chief executive Peter Johnson (left) and chief financial officer Michael Hardwick.

How Cotton On mastered the middle market

Cotton On Group wants to run it's own race and with sales growing at 20 per cent a year, the business is pushing up against its goal of being the dominant fast fashion retailer in the world.

An artists' impression of the new David Jones James Street boutique submitted to Brisbane City Council.

David Jones submits boutique plans for Brisbane's James Street precinct

Department store giant David Jones has submitted its plans for a boutique store at Fortitude Valley's trendy James Street precinct, the second such store in Australia.

Make your own party mix a taste of future

One hour north of Melbourne there's a factory that makes magic. This is the where every jelly bean, red frog, raspberry snake and party mix bag is made for Australia and New Zealand

Fig is a popular scent used by several fashion retailers.

Why figs could make you spend more on clothes

More companies are investing in scent marketing to lure customers back to physical stores.

Retail spending in China is encouraging and there are enough jobs to go around.

Chinese supermarket's flying start on ASX

China-based food retailer Winha Commerce and Trade International has had a positive start to life on the Australian share market, with its share price rising 40 per cent in its debut trading session.

JB Hi-Fi chief executive Richard Murray wants Sunday wages "aligned" with Saturdays.

Sunday isn't special, say business leaders

Business leaders have renewed their push for reform as they ponder some of the new year's biggest issues at the sailing regatta.

Murray River Organics does not sell directly to Chinese customers and is not involved in the Daigou trade.

Organic food firms distance themselves from Bellamy's

Bubs Australia and Murray River Organics have distanced themselves from stricken rival Bellamy's.

Wellard's fortunes have been hit by higher than expected cattle prices and two vessel breakdowns.

Cattle exporter Wellard talks to bankers over breach

Embattled cattle exporter Wellard is in talks with its bankers after breaching the covenants on its debts at the new year.

AMES Australasia will take over the Hills garden and laundry range, which includes the iconic Hills Hoist.

Hills unpegs its iconic Hills Hoist

Australian company Hills has sold the right to make and sell Hills Hoist clotheslines after concluding it could not make money from the iconic product.

Myer was hit with a second class action on Friday morning.

Myer hit with another class action

Department store owner Myer Holdings has been hit with another class action from an aggrieved shareholder just weeks after a court found a separate class action against it was an abuse of the legal process.

Patent filings for Amazon's flying warehouse

Amazon files patent for flying warehouse

Amazon is exploring the use of giant airships to serve as mobile, flying warehouses that could help the online retail giant deliver more of its goods by drone.

Smiggle is one of Just Group's key retail brands.

Solomon Lew's Just Group loses appeal to stop former CFO joining Cotton On

Billionaire rag trader Solomon Lew's Just Group has lost its appeal against stopping the company's former chief financial officer Nicole Peck from joining rival Cotton On.

Handbags galore at David Jones in Sydney.

Retailers bank on Boxing Day boost

A softer than expected Christmas has left nervous retailers banking on the Boxing Day sales for a much-needed boost leading into 2017.

A sign in the window of S.Wallis advising customers of its closing down sale.

Empty nest? Change in the air for Hawksburn Village

Hawksburn's popular retail strip is in a state of transition but the future is still bright, say locals.

Crowds race inside the David Jones city store in the early hours of the morning on Boxing Day, 2015.

NSW expected to be biggest spenders at Boxing Day sales

Shoppers are expected to spend about $2.41 billion on Boxing Day, the biggest trading day of the year for big retailers such as Myer and David Jones.

Many unwanted Christmas gifts are passed on to a new recipient.

Unwanted gifts to pile up this Christmas

Despite digging deep and splashing reported $620 million dollars on Christmas gifts, new research by Gumtree shows as many as seven in 10 Australians will be disappointed after tearing aside the wrapping paper this holiday season.

Retail revolution: How a superhero toy could save Australian retail

Australian toy creators are making child's play of the retail revolution led by the likes of US giant Amazon and proving innovation is a more powerful than price, a lesson many of Australia's best-known retail brands would do well to heed as we hurtle towards 2017.