Penalty rates reduction puts the experience back to Sunday
Sunday is the No.1 trading day for many of Fred Harrison's grocery stores, and now he's looking forward to putting some experienced staff back on the weekend roster.
Catie Low covers the retail and consumer goods sectors.
Sunday is the No.1 trading day for many of Fred Harrison's grocery stores, and now he's looking forward to putting some experienced staff back on the weekend roster.
Crown Resorts' half-year result slumps on collapse in VIP revenue.
Woolworths is closing-in on Coles' family shoppers after transforming its billion-dollar investment in price into a record-breaking second quarter sales surge.
There is a $110 million reason why Brad Banducci's success in Woolworths' grocery aisle is not reflected in the supermarket operator's bottom line.
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.
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.
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.
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.
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.
Wesfarmers has vowed to never give up on Coles and fight to protect its market-leading position.
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