Gap stores to close in Australia after Oroton pulls pin

American fashion retailer Gap will shut its doors in Australia within the next six months.

The five things that save businesses from Amazon's grip

Almost nothing seems out of reach for Amazon these days. But the online giant can't disrupt everything, Morgan Stanley says.

The man leading Amazon's Australian invasion

Amazon has revealed it will parachute one of its German directors into Australia to lead its assault on the local retail sector.

Battered retail stocks become contrarians' choice

As earnings season is kicking into gear, some investors and analysts sense opportunity in a handful of beaten-down retailers. They're not for the faint of heart.

'Just the start': Amazon to create 'hundreds of jobs' in Australia

Amazon has a seemingly insatiable need for human labour to fuel its explosive growth.

Bosses are more worried about Amazon than Trump

What keeps corporate leaders up at night? More than anything, it's the rising super power that is Amazon.

Apple shares hit record on expectations for new iPhones

Apple sold just more than 41 million iPhones in the June quarter, and forecasts a stronger-than-expected September quarter boosted by new iPhones that it will release later this year.

Domino's pizzas more expensive in image revamp

This weekend Domino's will launch its new menu which including 20 new pizzas and side dishes, in a bid to revitalise its brand.

Death by Amazon: It's a money-printing machine

• ANALYSIS

Since 1997, when it floated on the sharemarket, Amazon has evolved into one of the century's greatest wealth-generating machines. It's become so powerful researchers have built a Death by Amazon index of companies it leaves in its wake.

Apple bins cheap iPods in step towards oblivion

Venerable digital music player nears extinction, as nano and shuffle models are discontinued.

Webjet shares fall on accounting stoush

Shares in Webjet have taken a hit after the online travel agency flagged an accounting dispute that could hurt its full-year earnings.

Beer sales are down - especially among millennials

Apparently, younger generations prefer drinking wine and spirits to beer.

Amazon's falling profit just makes it more dangerous

• COMMENT

Australia's retail and video streaming companies should be shivering with fear at Amazon's latest earnings result.

Amazon profit slumps 77 per cent; shares fall

The online retail giant wiped out large chunks of its profit as it invested heavily in areas such as video content and its international expansion.

Power bill shock to be felt at nation's cash registers

Household energy bills are set to rise by an average of $200 annually, adding to challenges for consumer spending and putting Australia's economic growth outlook under a cloud, ANZ says.

'Why should Aussies pay more?' Coles blasts Coke, Heinz

Coca-Cola's supermarket problems look set to deepen after Coles chief executive John Durkan warned the drinks giant's Mount Franklin water products risked being cut back on its supermarket shelves.

'Modern day piracy': Birkenstock CEO takes on Amazon

Birkenstock USA's CEO has emerged as an unlikely crusader in a growing battle between smaller retailers and Amazon.com.

Embattled Surfstitch mulls asset sales

Surfstitch is looking at selling assets as costs mount from several legal proceedings and an investigation by the corporate regulator.

'So cheap' - how fresh fruit is dragging on the economy

Sigrun Klatte is juggling a three kilogram bag of oranges under one arm and her son Caspar under the other.

Will Woolworths water down Coke's earnings?

• COMMENT

One could be forgiven for thinking there was something sinister going on.

Rhodes & Beckett, Herringbone find a saviour

Upmarket menswear brands Rhodes & Beckett and Herringbone will live on after administrators for the troubled companies sealed a deal for a private equity-backed management buyout.

Coke in fresh water funk at Woolworths

Coca-Cola Amatil has had more bad news from the aisles of Woolworths with the revelation that the supermarket giant will ditch much of its Mount Franklin water product.

7-Eleven owner's 'deliberate disregard' for rights

A former 7-Eleven franchisee who underpaid his staff has been fined $168,000, following a Fairfax Media investigation that found systemic underpayment and the complicity of head office.

From wheelbarrows to glitter: Amazon's next big business

Amazon wants companies to go to Amazon Business to buy everything from new computers and A4 paper to toilet cleaner and power tools.

'Leap of faith': Snail slime hits beauty shelves

Snail slime. On your face. All for the sake of beauty? The decade-old craze with Korean consumers is starting to expand to Western markets.

Why everyone is wearing these jackets

Kathmandu turns 30, and Australians can't seem to get enough pricey outdoor gear.

Myer's in trouble - better call Sol

• COMMENT

The only thing preventing an even more catastrophic fall in Myer's share price is Solomon Lew.

Amazon Australia's first warehouse location appears to have been revealed

It appears Amazon Australia's first retail operations centre will be located in the outer south-eastern suburbs of Melbourne

Myer cuts profit forecast after Topshop disaster

Myer's full-year profit looks set to be largely wiped out after the retailer wrote off its stake in struggling Topshop and continued to suffer from weak trading conditions.