Posted
With discount clothes and fast fashion, Australian shoppers have never had it so good. But it's sending local retailers to the wall, with the collapse of half a dozen brands this summer, and predictions of more to come.
Topics: retail, business-economics-and-finance, company-news, economic-trends, australia
Posted
| UpdatedThe move to slash Sunday penalty rates could face a legal and political battle, with Opposition Leader Bill Shorten vowing to stop the cuts.
Topics: work, government-and-politics, unions, hospitality, retail, business-economics-and-finance, australia
Posted
| UpdatedWhat are the arguments for and against to cut Sunday penalty rates for some hospitality, retail and fast-food workers?
Topics: business-economics-and-finance, industry, hospitality, retail, federal-government, australia
Posted
| UpdatedWoolworths bounces back from a massive loss, driven by its failed Masters hardware experiment, to post a $725 million first-half profit.
Topics: retail, company-news, australia
Posted
Solid earnings reports from several US retailers drive Wall Street higher, while strong manufacturing figures from Europe boost most markets there.
Topics: stockmarket, currency, futures, retail, markets, united-states, united-kingdom, european-union, australia
Posted
Wesfarmers chief executive Richard Goyder has thrown his weight behind gambling reform by not ruling out dumping gaming operations unless new regulations are introduced to limit the social damage from poker machines, February 15, 2017.
Topics: retail, gambling, business-economics-and-finance, australia
Posted
| UpdatedThe retail group throws its weight behind gambling reform by not ruling out dumping its gaming operations unless changes are introduced to limit the social damage caused by poker machines.
Topics: gambling, retail, community-and-society, australia
Posted
| UpdatedBooming coal prices compensate for falling food and liquor prices to boost Wesfarmers' bottom line, helped by better than expected growth from Bunnings.
Topics: business-economics-and-finance, company-news, retail, mining-industry, coal, australia
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Perth-based conglomerate Wesfarmers announces its industrials chief Rob Scott is to take over from long-standing managing director Richard Goyder when he stands down in November.
Topics: business-economics-and-finance, retail, wa
Posted
Teenage turtles like Cliff are lucky to be rescued, because many others like him are dying after eating hidden plastic pollution in Sydney Harbour and the Hawkesbury River.
Topics: environmental-impact, environmental-policy, animals, animal-welfare, plastics-and-rubber, retail, sydney-2000
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The Australian Retailers Association says increased competition and the high cost of doing business are driving fashion retailers, including Herringbone and Rhodes & Beckett, to the wall.
Topics: retail, company-news, fashion, australia
Posted
Retail sales for December miss expectations, falling 0.1 per cent seasonally adjusted, with dips in Victoria, New South Wales and the ACT.
Topics: economic-trends, retail, australia
Posted
| UpdatedThe mobile phone company is placed into voluntary administration with the immediate loss of 69 jobs after the company's owners admit failure in their attempts to turn the struggling business around.
Topics: industry, retail, business-economics-and-finance, australia
Posted
| UpdatedChina's e-commerce giant Alibaba sets up in Melbourne, but the Australian Retailers Association warns this could increase pressure on local businesses already doing it tough.
Topics: business-economics-and-finance, economic-trends, globalisation---economy, retail, industry, melbourne-3000, australia, china
Posted
| UpdatedAnalysts are pessimistic about Australia's retail sector heading into corporate earnings season, with a weaker Christmas period and the closure of some major Australian retailers dampening earnings expectations.
Topics: retail, stockmarket, economic-trends, australia
Posted
| UpdatedPopular Australian fashion retailers Marcs and David Lawrence appoint voluntary administrators, while Alannah Hill will close its David Jones concession stores.
Topics: retail, company-news, fashion, business-economics-and-finance, lifestyle-and-leisure, australia
Posted
| UpdatedAnalysts are expecting a bumper earnings season for resources companies to offset a fairly weak period of profit growth for most other listed firms.
Topics: stockmarket, mining-industry, banking, retail, transport, australia
Posted
Topics: retail, unemployment, regional, regional-development, orange-2800
Posted
Topics: retail, unemployment, regional, regional-development, orange-2800
Posted
Topics: retail, regional, unemployment, regional-development, orange-2800
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Topics: retail, unemployment, regional, regional-development, orange-2800
Posted
Topics: retail, unemployment, regional, regional-development, orange-2800
Posted
| UpdatedPlans for the Adelaide Central Market Arcade may include residential, educational as well as retail areas, the Adelaide Lord Mayor Martin Haese says.
Topics: retail, business-economics-and-finance, local-government, government-and-politics, adelaide-5000, sa
Posted
| UpdatedA slightly lower-than-expected inflation figure gives the Reserve Bank scope to keep interest rates lower for longer.
Topics: economic-trends, money-and-monetary-policy, retail, australia
Posted
In a positive sign for the retail sector, David Jones reports a 4 per cent rise in sales during the crucial pre-Christmas period, if one-off problems are excluded.
Topics: retail, company-news, australia, south-africa