Business

Woolworths Holdings paid $2.1 billion to buy the David Jones department store chain in 2014.

David Jones sales sag in first half

In the 26 weeks to December 25, David Jones sales increased by 4 per cent, compared to an 11.2 per cent spike in sales growth in the previous corresponding period.

New Wesfarmers chief executive Rob Scott perfectly fits the company mould.

Meet the new Wesfarmers Stepford CEO

He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.

Chief executive Richard Murray announced a 14.3 per cent increase in the interim dividend to 72¢ per share.

JB Hi-Fi warns of waning Dick Smith dividend

Electronics chain JB Hi-Fi has announced a 23.6 per cent jump in half year sales to $2.6 billion, beating consensus estimates and pushing interim profits almost 16 per cent higher to $110.4 million.

Achoe Malarone, 41, was a store manager when he took more than $22,500 from tills at Phillip and Belconnen JB Hi-Fi stores.

JB Hi-Fi defies retail gloom with profit surge

The JB Hi Fi stellar profit performance is testament to the fact in a difficult depressed environment strong well managed companies can grow by capitalising on the weakness of others.

Last week, Nordstrom announced it would no longer sell Ivanka Trump's clothes and shoes.

Sears, Kmart join Nordstrom in dumping Trump brands

Trump-branded consumer products have suffered new blows, with US. retailers Sears and Kmart discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom stopped carrying her products.

Queensland Premier Annastacia Palaszczuk will extend trading hours in the state.

Palaszczuk government backs extended trading hours

Trading hours are set to be standardised across the state, with inconsistent rules about when certain types of businesses could trade set to be simplified, allowing early morning weekend trips to the hardware store and car purchases on Sundays.

Small Business