Tourists providing a much-needed boost to retail sales
Harrolds founder John Poulakis estimates as much as a fifth of sales from his boutique department store come from tourists and the numbers are swelling every year.
Harrolds founder John Poulakis estimates as much as a fifth of sales from his boutique department store come from tourists and the numbers are swelling every year.
The sale of collapsed fashion brands Marcs and David Lawrence is being hampered by owner and major creditor Malcolm Webster's security over assets, including the chains' stock holdings, according to potential buyers.
Domino's Pizza chief executive Don Meij cannot commit to the company's stellar growth continuing until the outcome of fresh wage audits across its stores nationally is known, but he has vowed that the retail chain will take action if any issues are identified within its network.
Jim Murphy will close its Majura Park Airport Cellars store at the end of April.
Cotton On's work to get the AFL women in better-fitting kit is also kicking goals in its competition with the international fast fashion giants.
Target boss Guy Russo is confident the embattled discount department store chain can win the battle for "small f fashion" spend in Australia against international apparel heavyweights such as Zara, H&M; and Uniqulo.
Bunnings has pleaded not guilty on Tuesday to 45 charges of false and misleading advertising filed against it by the NZ consumer watchdog.
Vicinty Centres is considering replacing some of its cleaning contractors with robots in a bid to automate and save costs, according to one of the company's non-executive directors, Wai Tang.
A group of hardware retailers and suppliers have thrown their support behind a fledgling, independent buying group that will challenge Metcash's wholesale distribution business.
Appearance, service, product range and opening hours are a crucial part of the mix, as research shows US chain Costco is much cheaper than the big two supermarkets.
Hardware giant Bunnings has capitalised on the collapse of its biggest competitor, stitching up deals to move into 11 former Masters stores.
German discount supermarket chain Aldi is planning to start online sales in China this month, hoping to appeal to Chinese consumers with a selection of wine, snack and breakfast products.
Beacon Lighting is expected to open a record number of stores in the next few months after battling through the liquidation of Masters Home Improvement stock late last year.
Australia's department store industry is facing the prospect of shrinking revenue in real terms over the next five years as it battles turbo-charged competition from online and offshore retailers combined with continued weak consumer sentiment.
Woolworths' second quarter win over supermarket rival Coles has convinced grocery suppliers the turn-around is bringing shoppers back to Australia's biggest supermarket chain and they're backing the chain's brand-focused strategy.
Simmering tensions between Caltex management and their store owners spilled over onto the streets of Sydney as franchisees marched on the company's head office.
Sweltering summer temperatures on the eastern seaboard have rescued Harvey Norman's sliding sales growth as the furniture and whitegoods giant looks to its overseas retail outlets to drive growth.
Retail queen Jan Cameron has failed in her bid to join the board of troubled baby formula marketer Bellamy's Australia, but has succeeded in turfing out existing directors and getting her associates appointed.
Jan Cameron was there in the front row. The Black Princess herself, who for some time denied she was linked to the mysterious Black Prince entity that was trying to roll the Bellamy's board before it was revealed, in fact, she was.
Apparel retailer the Specialty Fashion Group says it is uncertain whether a takeover offer it received from Middle Eastern investment company Al Alfia will go ahead.
Online clothing and sports equipment retailer Surfstitch has narrowed its half-year loss to $8.3 million from $14.5 million a year earlier.
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.
Money continues to flow into retail, despite more than 2,100 retail business collapsing over the past two financial years.
Spiraling utility costs are adding to the pressure on Australia's supermarket sector which is already battling the toughest conditions in three years, according to Coles.
It doesn't take long to appreciate that Magdi Batato has one of the biggest private sector jobs in the world.
"I didn't even realise that was such a problem for these young girls."
Fast food giant Domino's Pizza is being probed by the consumer regulator after it was caught out in potentially in breach of laws designed to protect its own store owners.
Domino's pay practices have come under the spotlight following a Fair Work Ombusdman investigation into alleged underpayment of staff.
Owner of Vans, Dr Martens and Skechers says lower dollar, slower than expected start to spring, weakness in lifestyle shoes hurt.
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.
Entrepreneur Allen Liao launches his 'unlosable' glasses in Sydney backed by actor/comedian Stephen Fry.
Why basic business learning should be mandatory at schools and in higher education.
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