Big W's ugly result spoils Woolies' big day
As Woolworths celebrated the early signs of improvement in supermarket sales attention turned to the real elephant in the aisle - the ugly loss notched up by Big W and the continued bleeding of its sales.
As Woolworths celebrated the early signs of improvement in supermarket sales attention turned to the real elephant in the aisle - the ugly loss notched up by Big W and the continued bleeding of its sales.
Woolworths broke its 30-quarter losing stream by winning the second quarter sales race with Coles, posting a 3.1 per cent increase in same store sales for the second quarter compared to must 0.9 per cent growth at Coles.
Coca-Cola Amatil will close its manufacturing plant in South Australia, at a loss of about 180 jobs, and shift the work to Queensland as part of a $90 million reorganisation.
Retail has had a rough and ready couple of months, but some companies are shooting it out of the park.
Aldi is calling for people to join its testers' club, seeking to capitalise on the fervour of some of its shoppers.
There is no excuse for any employer to underpay or exploit their employees.
Supreme Court finds grounds of appeal weren't strong and dismisses bail application.
Australians spend more than $1.2 billion at Rich Lister Jack Cowin's fast food restaurants.
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.
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.
Neilsen research has underlined the threat to Australian retailers from Amazon.
Shares in Baby Bunting dive 5 per cent in early trade after Australia's biggest baby goods chain tipped growth at its older stores to slow.
Experts are predicting a worldwide shortage in the next couple of months, jacking up prices around the globe.
Under Armour's founder and chief executive made a mistake praising President Donald Trump, and investors of the sportswear brand will pay for it.
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.
A former franchisee has lashed out at Domino's Chief Executive Don Meij after being lumped in with other franchisees as a blackmailing 'criminal'.
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.
Domino's CEO Don Meij has admitted more than 2000 of the pizza chain's employees have been underpaid while blasting whistleblowing franchisees as blackmailing "criminals".
The retail job losses continue to pile up, with the shut-down of 13 Marcs and David Lawrence stores putting at least 20 more staff out of work and another 50 facing an uncertain future.
Minutes into Don Meij's investor presentation, the Domino's share price tanked 8 per cent.
Wesfarmers has vowed to never give up on Coles and fight to protect its market-leading position.
Investors have punished fast-food giant Domino's Pizza over wage-fraud claims
Domino's half year result left a bad taste in investors mouths, triggering a 16 per cent slump in its share price.
Target has continued to hemorrhage customers and revenue as the discount department store tries to reinvent itself as a low-cost rival to fast fashion giants like H&M; and Zara.
Forget pots and pans, or even designer threads. From Friday, visitors to Myer's Melbourne store will be able to buy a car from the retailer.
Domino's chief executive Don Meij was forced to defend the chain's $5 pizza deal as he upgraded profit expectations for the full year, but its shares dived.
Rob Scott has been named the new Wesfarmers managing director to succeed Richard Goyder, who will step down from the role towards the end of this year.
Time and time again firms and institutions caught up in scandals try and blame it on a few bad apples.
Pizza giant hasn't delivered wages its workers are owed.
He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.
Purchase a plant with the click of a button.
The Australian Small Business and Family Enterprise Ombudsman says the tax cut is vital for small business confidence.
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