Global retailers soar as Aussies brace for Amazon
Australia is home to just 16 per cent of the world's top 250 retailers, but local retailers are bracing for international giants to shake up things this year.
Madeleine Heffernan covers the retail and consumer goods sectors.
Australia is home to just 16 per cent of the world's top 250 retailers, but local retailers are bracing for international giants to shake up things this year.
Start-up seeking to become the country's biggest food and grocery wholesaler nabs part of Supabarn supermarket empire.
Australia's No.1 supermarket chain launches a "charm offensive" on suppliers left nervous by a court ruling that it did not act unconscionably by demanding up to $60 million from suppliers.
Suppliers' sunnier take on Woolworths suggest it is closing the gap to Coles faster than anticipated, UBS says.
The collapsed childrenswear chain Pumpkin Patch will shut its doors within weeks.
Claire Peters, currently chief operating officer of Tesco Thailand, will report to chief executive Brad Banducci after taking reins in July.
The one-time, high-flying, hot-pie business leaves behind a trail of destruction.
North American workout wear giant pumps $19.73 million into its operations Down Under to build market share.
Customers should be able to harvest their shopping data from supermarkets to help them shop around for better deals especially as new entrants, such as Amazon, enter the market.
Shares in Michael Hill International gained 2.8 per cent after the jeweller said same-store sales grew 2.5 per cent in December.
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