'More than just price': Myer hits back over Amazon fears
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.
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.
It's been called everything from a basket case to a boil. Whatever Big W is, it's Woolworths' challenge for some time yet.
Luggage and handbag chains Victoria Station and Kate Hill have appointed administrators, putting hundreds of jobs in doubt.
Another Australian label changes hands, with Aje set to join David Jones after two years at Myer.
Woolworths was expected to beat Coles in the latest quarterly bout of the great supermarket war. But it shot the lights out.
Caltex will establish a $20 million assistance fund for workers who were underpaid.
Footwear retailer RCG Crop has slashed full-year profit guidance by 11 per cent - the second downgrade in three months - after soft sales of brands such as Skechers, Vans and Doc Martens.
Retailers are looking at innovative ways to attract customers back to physical stores.
Oil giant Caltex will establish a $20 million assistance fund for workers who were underpaid at its franchised service stations.
Pizza wars, $4.95 pizzas and the disastrous impact such strategy directives allegedly wreaked on Pizza Hut franchisees is about to be put on trial.
The world's biggest retailer, which is expanding in Australia, says its growing number of physical stores is just "another way to reach the customer".
Coles will cut promotions to stamp-out shopper distrust in the supermarket giant.
It appears the day of the $5 sausage roll are long gone with almost a quarter of 22 per cent of Melbourne's city workers now spending between $15 and $20 for lunch. And we're shopping hard too.
Ikea now offers same-day "click and collect" in Canberra in response to rising customer demand for online shopping.
Coles supermarket sales retreated further in the third quarter as a resurgent Woolworths and fierce price competition weighs on the Wesfarmers-owned chain's performance but there was better news for Bunnings.
Coles's push to take its trolley collection services in-house has helped reduce the amount of underpayment of workers.
Soft drink giant quietly dropped the brand after spending millions trying to launch the beverage.
Luxury Retail Group claims premium handbag-maker Furla's decision to buy back its local stores is a vote of confidence in Australia's rapidly expanding luxury retail sector.
There's a widespread disconnect between what a customer is feeling and what a manager is thinking.
A popular tax write-off scheme for small businesses will be extended for another year in a significant win from the Budget for the sector.
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