Oroton scraps dividend as profit halves
Oroton Group has scrapped its interim dividend after its first-half profit slumped more than 50 per cent to $1.8 million.
Oroton Group has scrapped its interim dividend after its first-half profit slumped more than 50 per cent to $1.8 million.
Myer's shares have soared 18 per cent after a mystery buyer snapped up a significant stake in the company in a late spree.
Volatility at the petrol pump has emerged as a major area of concern for shopping centre managers, due to the wild fluctuations in price over recent months.
German discount supermarket to roll out new signs across the world for the first time in 20 years.
Pressure is mounting on Harvey Norman after it admitted its accounts were under investigation by the corporate watchdog.
Pumpkin Patch will be revived as a mostly online business after the owner e-commerce store CatchOfTheDay bought the collapsed children clothing retailer's brand and intellectual assets.
Wesfarmers must put Kmart up for sale to avoid the Target revival turning into a "zero sum game" for the conglomerate.
Major bank tips tough two years for Australia's retailers because wages aren't growing and international retailers keep setting up shop.
China has declared it wants to level the playing field for Australian and Chinese companies selling products online, on the eve of Chinese Premier Li Keqiang's arrival to Australia.
Billionaire retailer Gerry Harvey said his wife's decision to sell a parcel of her Harvey Norman shares last week was about covering a tax bill and had nothing to do with Monday's share price rout.
Kenya plans to ban them and Uruguay plans to tax them. But Australians receive free plastic shopping bags almost everywhere they shop. Now Aldi is calling for a ban.
Consumer confidence in both Australia and New Zealand "reasonably OK", says activewear chain.
Smiggle and Peter Alexander have defied the gloomy retail conditions to post strong sales, helping Premier Investment's profit inch higher.
The receivers of collapsed electronics chain Dick Smith have launched legal action against eight directors and executives.
Call it the anti fast-fashion label. Twenty-six-year-old Tom Cridland has gained an outsized profile for his fashion label thanks to actors Leonardo DiCaprio and Daniel Craig, and savvy self-promotion.
Myer chief Richard Umbers blames "discount fatigue" for the department store chain's weak second quarter sales performance.
The much-trumpeted revival of the Myer Department store chain has experienced a hitch.
Fast fashion is getting tougher as consumer rather spend up on leisure activities and buy more clothes from the rising number of online suppliers. Zara's profitability has shrunk to an eight-year low and H&M; reported its first sales drop in almost four years.
Myer's first-half sales have sagged by 0.6 per cent as a result of what the department store chain called "aggressive competition" and subdued stocktake sales.
So why are these supermarkets so keen on giving us something for nothing? They aren't.
The battle between Caltex and its franchisees is turning ugly with one prominent store owner accusing the oil giant of  victimising him for speaking out.
Australian consumer sentiment has held steady in March as worries over family finances were offset by optimism over the longer-term economic outlook.
Brexit's impact on consumer confidence is the key concern for Wesfarmers.
The iconic American luxury retailer Neiman Marcus is looking for a buyer as its Christmas period sales fell 6pc and it swung to a loss.
Australia's biggest supermarket chain joins a member network for the first time to improve the way it purchases European products.
US retail giant says it wants to become even cheaper than Woolworths and Coles, from 28 per cent now.
Ivanka Trump's products weren't always the hottest items online. That changed dramatically in February - and continues even as major department stores have said they stop selling her brand.
One of Domino's Pizza's biggest and most powerful franchisees is being investigated by the workplace regulator amid allegations of worker exploitation.
Embattled pizza giant Domino's has kicked a Queensland store owner out of its network after a Fairfax investigation caught him offering to sell a visa sponsorship for up to $150,000.
In the six years after Myer hit the boards, the retailer went through 20 executive team members. On that count alone, Megan Foster's time at Myer must be heralded as a success.
Mohammed Reza arrived in Australia with nothing but now people come from across Sydney to try his sweets.
Big money is being spent in the hope the benefit of hosting The World's 50 Best restaurants will trickle down to Australia's restaurants, producers and tourism operators.
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