Business

Total sales in the three months to March 31 were down 3.3 per cent to $653 million.

Myer shares fall as store closures hit sales

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.

Retail sales rose in January.

Retailers on verge of a 'recession'

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.

Woolworths said total group sales were up 4.4 per cent to $13.8 billion in the 13 weeks to April 2.

Woolworths blitzes Coles but Big W woes deepen

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.

RCG Corp

Investors sink the slipper into Athlete's Foot

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.

Small Business