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Former Tesco exec to be next Metcash CEO
Food and grocery wholesaler Metcash has appointed former British supermarket giant Tesco executive Jeff Adams as its next chief executive.
Food and grocery wholesaler Metcash has appointed former British supermarket giant Tesco executive Jeff Adams as its next chief executive.
Australia's dominant hardware chain is expected to take advantage of the demise of rival Masters.
Domino's Pizza franchisees say a new campaign promoting a no-questions-asked guarantee has led to a spike in unfounded complaints.
The administrators for the failed Topshop franchise in Australia are closing five of its nine stand-alone stores in a bid to save the local arm of the UK fast-fashion retailer.
Under-pressure pizza chain Domino's risks a consumer backlash as it cuts costs by trialling smaller pizzas and swapping Coke for Pepsi.
Investors have hammered Coca-Cola Amatil on Friday after a double-shot of bad news on Thursday.
When analysts at Morgan Stanley were trying to handicap the driverless car race, their thoughts kept turning to chicken wings. And the Disney film "Frozen." And beer. All the things you can do when you're not spending your time locked behind the steering wheel anymore.
Coca-Cola Amatil has suffered another setback after losing a contract to major rival Pepsi/Schweppes to stock soft drinks and bottled water at hundreds of fast-food shops across the nation.
Australia's largest pizza chain could be about to shrink the size of some of its pizzas, seeking to offset the costs of higher weekend penalty rates.
Woolworths has announced it won't be stocking Coca-Cola's new product, Coca-Cola No Sugar.
Investors betting against Australia's most shortest stock and claiming its business model is outdated have lost money yet again as the travel group's shares soared this week following a profit upgrade. It's not the first time.
Shares of Flight Centre have jumped in early trading after the company raised its full-year earnings forecast following stronger-than-expected sales and profit in the second half.
Your suitcase has taken on a life of its own. It can now tell you if it has strayed too far, or if you've packed too much, and it may soon be able to call you an Uber car.
A surprise jump in retail sales statistics lit a fire under Australia's beleaguered discretionary retail stocks on Tuesday, making them some of the best performing on the ASX.
Franchise Council of Australia's Bruce Billson says he "loves" franchising despite recent wage underpayment scandals.
Coles will need to splash cash on everything from labour to marketing and store presentation to regain its mojo, UBS says.
Australia's $126 billion food and grocery sector, under pressure from rising energy costs and keen to reduce its reliance on supermarket giants Woolworths and Coles, is exporting more to the US and China.
Private equity has boosted its investment in Australian retail to more than $6 billion but investors are struggling to move on from the collapse of Dick Smith and underperformance of Myer.
Lagging infrastructure, sparse population and well-developed online shopping habits be roadblocks for Amazon.
Underperforming retailers are facing an additional hit as investors sell off dud performers to improve their position as the 2017 financial year draws to a close.
The maker of Havaianas, the colourful Brazilian flip-flops donned by celebrities, is poised to pass from one of Brazil's most-powerful families to another thanks to the country's latest political turmoil.
The threat of Amazon disrupting Australia's grocery market is overblown and independent supermarkets are better off focusing on their local customers, Metcash's outgoing boss says.
Metcash said strong competition in the groceries sector would keep sales under pressure as it reported a 26 per cent slide in full-year net profit.
Retail experts say Amazon's $18 billion bid for upmarket grocer Whole Foods won't deeply affect Australian expansion.
German discount department store Kaufland has demonstrated its commitment to expanding in Australia by inking deals to buy land.
The self-proclaimed "Australian destination for fashion" to shut its doors after almost two decades in business.
Plans to float the company behind Red Rooster on the stock market have turned out to be a turkey.
The New Zealand Defence Force complained that the jackets were "leaking" and that defence personnel wearing them were getting wet.
German discount supermarket Aldi has amassed a property portfolio worth close to $2 billion in Australia, providing it with security of tenure and significant capital gains.
Domino's Pizza is more than $800 million overvalued and will not meet its ambitious growth targets because it needs to share more profit with store owners, investment bank Citi says.
A sharing economy platform is under scrutiny over concerns for child safety.
Finding a solution to late payments.
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