Business

Inside a Shoprite Holdings Ltd. store in Cape Town, South Africa. The brand is eyeing off Australia.

South African retailers marching to our shores

Australian retailers are se to face a new entrant with many South African-based brands now discovering that there is a new market near their door step, with a similar climate, time zone and consumer outlook.

Woolworths' comparable sales surged by 3.1 per cent in the second quarter.

Woolworths goes after the family spend

Woolworths is closing-in on Coles' family shoppers after transforming its billion-dollar investment in price into a record-breaking second quarter sales surge.

Big W  is now barely profitable with earnings falling around 89 per cent in the first half of the 2017 financial year.

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.

Psychological win even as profit is down: Woolworths chief executive Brad Banducci.

Woolworths breaks 7.5-year losing streak

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.

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.

Small Business

How a financial detox saved my business

Jen Geale, the co-owner of Mountain Bikes Direct, was struggling for profitability.

An online store selling mountain bike accessories was experiencing financial trouble. But a financial detox turned the business's finances around within six months. Here's how.