Skewered Officeworks sale raises wider Wesfarmers questions
The imminent arrival of Amazon has skewered Wesfarmers' ability to do what it does best – horse trading assets.
The imminent arrival of Amazon has skewered Wesfarmers' ability to do what it does best – horse trading assets.
Wesfarmers must balance its ambitions to reap $1.5 billion from the sale of the Officeworks chain with the reality.
Luxury handbag and fashion retailer Oroton Group has warned it expects its full-year earnings will slump by more than 75 per cent, sending the company's share price plunging.
Duluxgroup says it isn't worried that a slowing housing market could hurt its business, because most new homes are painted with cheaper paint made by competitors.
Wesfarmers has shelved plans to spin off its stationery and office supplies chain Officeworks into a separately listed company.
Coca-Cola Amatil is looking to healthier beverages to bolster its sales and make up for declining sales of its sugary soft drinks.
Myer signs Australian label We Are Kindred a week after two labels jump ship to David Jones.
Harvey Norman has sought to improve investor confidence by releasing figures showing sales have grown despite signs of subdued spending and moderating house price growth.
Consumer confidence has tumbled following the federal budget to its lowest level in nearly two years.
Mainstream retailers are catching up to the Paris end of Collins Street by employing new tactics to attract Chinese shoppers.
An Australian gelato company has suspended a member of its social media team and publicly apologised for posting what it says was a "careless and insensitive caption" about ''blackface'' over the weekend.
Oroton has entered a trading halt as it prepares to reveal that sales have continued to deteriorate.
Troubled discount department store urged to look to Zara and Ikea for inspiration on how to generate excitement about its products.
The court battle between petrol giant and Australia's No. 2 airline is set down for September, many months after BP wanted their agreement killed.
There's no shopper strike and investors need to stop jumping at shadows, retailers say.
The arrival of Amazon will be an existential moment for some retailers and it will almost certainly trigger of wave of industry rationalisation.
Several publications credited Catherine Hettinger as the inventor of the fidget spinner. Only she isn’t.
Myer boss hit backs at claims that Amazon will devastate its business, saying it was not clear what the online retail juggernaut would offer in Australia.
Consumers are increasingly shopping online, spending more time on mobile apps, and getting groceries delivered to their homes. And that's hitting Coca-Cola in ways you might not expect.
Australian retailers will cut the price of electronic goods by about 10 per cent to remain competitive, market analysts say.
Myer says the challenging retail environment, Cyclone Debbie and offering fewer discounts all crunched its sales last quarter, with revenue across the department store falling by more than $20 million.
Crazy Clark's creditors will receive a little more than originally expected
There is no sign of respite for the nation's struggling retailers, particularly department stores, as shoppers refuse to spend in the face on an uncertain economy.
Australia's appetite for online shopping is surging - despite a lower Australian dollar - as growth in overseas sales drives the online retail market.
Domino's Pizza has been hit with a landmark fine for failing to comply with the rules governing franchise chains.
Struggling department store chain Myer has suffered a massive fall in its share price in the wake of a devastating revaluation from a leading analsyt.
The business world is filled with rags to riches stories, but Australia has few like the tale of Swisse Wellness.
Staff are the new front in the retail war between Myer and David Jones as the two chains prepare for life headquartered in the same city.
The glow from Woolworths' strong sales performance through the start of the year has worn off in less than a day as concerns mount about margins and the continued struggles at discount chain Big W.
Woolworths has flagged higher costs for labour, fruit and vegetables and a wider loss for its troubled discount department store Big W this half, as it blitzed supermarket rival Coles with the strongest quarterly sales growth in years.
The 24/7 economy has created too much blurring of work and personal time.
Competition watchdog cracks down on Sensis for its automatic contract renewal process.