Business

Don Meij admitted that up to 2400 employees may have been underpaid.

Super fund questions Domino's

First Super has written to four fund managers that it invests members' money in questioning the Domino's business model after the recent Fairfax investigation into the pizza giant.

Coles, Woolworths & Officeworks

Millions thrown at supermarket price war

The changing of the guard at Wesfamers this week was all but overshadowed by a sharp fall in earnings from its prized supermarket business Coles, big losses from its UK hardware operation and the likely sale of both coal and the Officeworks chain.

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.

Small Business