Retailers look to galaxy far, far away to boost profits

Myer, Target and Big W are among retailers looking to a galaxy far, far away for a much-needed boost to their profits as Star Wars' Force Friday II rolls out today.

'Collapse of moral values': Coke exec jailed for $860k slush fund

Bryan Pereira has admitted he was motivated by greed when he accepted hundreds of thousands of dollars in corrupt payments.

Harvey Norman punished after dividend cut

A record profit has not been enough to save Harvey Norman from a sharemarket savaging after the retailer cut its full-year dividend on Thursday.

Fashion victim Billabong dives to a $77 million loss

Surf and skate wear group Billabong says it became a fashion victim last year after failing to keep up with the Instagram generation's rapidly changing taste, and expects another tough year ahead.

Caltex takes over more than 80 service stations

The proportion of corporate stores run by Caltex has leaped up as the company discovers wage fraud amongst its network of franchised service stations.

Donut King, Gloria Jean's overseas growth lifts Retail Food's profit

Coffee, bakery and pizza franchise owner The Retail Food Group's expansion overseas and addition of a food distribution business have boosted its annual profit.

Can Uber help Coles fix its Amazon problem?

Faced with the arrival of one American giant, Coles is looking for help from another.

The Amazon of China already has supermarkets. Now it wants our food

The business world may be enthralled with Amazon's moves to become a major supermarket player, but Chinese e-commerce giant Alibaba says it is already strides ahead.

Scentre launches 100 new retailers to its malls

Scentre Group has opened its Westfield malls to 100 new retail brands as it looks to entice shoppers to the centres.

The sad, sorry collapse of SurfStitch could be even worse than it looks

• Comment

It's not just Amazon that is threatening Australia's e-commerce scene.

Hot-desking and smartphones are driving a backpack boom

Athina Mavromataki is on the commuting juggle with a bag of breakfast in her left hand and carrying her phone in the other.

Amazon's latest move is supermarkets' worst nightmare

Sorry, supermarkets: the e-commerce giant just confirmed that your worst nightmares are about to come true.

Retail slump? Rebel Sport, Supercheap Auto are flying

Taking a more active approach to helping customers enjoy their cars, sports and the great outdoors has proved a winning strategy for the Super Retail Group, helping it boost profit by 73 per cent.

David Jones blames belt-tightening as shoppers steer clear

David Jones has recorded a 25 per cent drop in operating profit, as customers evaporate and it spends heavily in a new food-driven strategy it hopes will revive sales.

Woolworths concede workers could be worse off from 'shoppies' deal

​Supermarket giant Woolworths has conceded some of its workers could be paid less than the minimum wages of the award as it said it wanted to strike a new agreement with the shop assistants union.

Cheap airfares are about to end, Flight Centre says

Flight Centre shares have soared almost 11 per cent, hitting a three-year high after the travel group said the time of heavily discounted tickets could soon be over for Australian travellers.

Office politics: watchdog flags concern at stationery bid

American private equity giant Platinum Equity is considering its next move after the competition watchdog flagged serious concerns about its play for OfficeMax Australia.

Online sports retailer calls in administrators

The weight of two class actions, a legal dispute with a major shareholder and an investigation by the corporate cop have proved too much for troubled online surf and skate retailer SurfStitch.

Westfield malls look to lifestyle, food to fend off Amazon

Scentre Group, the country's biggest retail landlords has continued with its strategy to internet-proof its Westfield shopping centres by increasing the tenants in the lifestyle, entertainment and food categories.

'Dated, tired' Big W wants your trust back

Woolworths says it will lose at least another $150 million from its "dated and tired" Big W chain this financial year.

Coca-Cola Amatil hit as consumers shun soft drinks

Coca-Cola Amatil shares have dropped after its first-half earnings showed how Australians are taking a pass on sweet fizzy drinks and price pressure in its branded water business is crimping profit growth.

Big W remains a Big Headache for Woolies

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How do you solve a problem like Big W? There is certainly one school of thought that says it's time to cut and run.

Display 'stumble' sends profit tumbling at Reject Shop

The Reject Shop's result was in line with an update to the market in April, but that did not stop investors savaging the company.

Woolworth's Big W losses don't include one key cost

• COMMENT

Woolworths was happy to reveal that Big W's losses increased tenfold last year, but the supermarket giant got shy when it came to the exit package of the short-lived Big W boss, Sally Macdonald.

'Disappointing': Big W woes continue for Woolworths

Woolworths has reported a 3.6 per cent drop in underlying profit from continuing operations, driven by heavy losses in its troubled Big W chain and discounting in its supermarket division.

Chook price war helps Inghams fly in its first year

Australia's largest chicken producer Inghams Group has emerged a victor from 2016's supermarket chook war, crediting the price cutting with driving demand for its birds during its first year as a listed company.

NRA pans 'farcical' changes to Queensland trading hours

Trading hours reforms are "farcical", will cost jobs in regional areas and result in almost no extra trading opportunities for major retailers, a peak retail association has argued.

Coles staff lose bonuses after earnings dip

Coles managers and executives have been stripped of bonuses after the supermarkets earnings fell for the first time in 10 years.

After mobile success, what will be 'Koganised' next?

Kogan.com says its successful move into the cut-throat mobile phone market has emboldened it to look for other industries and services it can sell to subscribers.