Sears closes 150 stores on poor Christmas
US department store Sears will close 150 stores and sell its Craftsman tool brand to raise cash after Christmas sales fell 12pc.
US department store Sears will close 150 stores and sell its Craftsman tool brand to raise cash after Christmas sales fell 12pc.
Silver Chef CEO Damian Guivarra laid the blame that sparked a plunge in the lender's shares on cyber criminals.
When Harvey Norman franchises go bad, they call in 84-year-old Joe Deen.
The Fone Zone founder has withdrawn $90 million this year, right before its Telstra-inspired crash.
After discontinuing and recalling its Galaxy Note 7 smartphones last month, Samsung has now had to recall 2.8 million faulty washing machines.
A $500 million float looms for Zip Industries whose all-in-one taps are a fixture in offices and, increasingly, kitchens.
The household goods retailers are both riding the property boom. Which stock is the better pick, asks Elio D'Amato.
During a nine-day examination of the collapsed electronics retailer, receiver Ferrier Hodgson tried to wrangle answers out of former executives and directors.
Dick Smith' overspending and ballooning inventory before collapse was an attempt to grab growth opportunities, former CEO says.
The CEO of the failed electronics retailer denies he was trying to inflate profits by grabbing unsustainable short-term rebates from supplie...
The CFO of the failed electronics retailer says auditor Deloitte questioned the practice of recording huge rebates on a whiteboard that was ...
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in