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.
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.
​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.
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.
American private equity giant Platinum Equity is considering its next move after the competition watchdog flagged serious concerns about its play for OfficeMax Australia.
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.
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.
Woolworths says it will lose at least another $150 million from its "dated and tired" Big W chain this financial year.
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.
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.
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.
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.
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.
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.
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 managers and executives have been stripped of bonuses after the supermarkets earnings fell for the first time in 10 years.
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.
Jeff Bezos runs the world's biggest retailer, owns The Washington Post and aerospace company Blue Origin. So how does he juggle his life?
Bunnings' foray into the United Kingdom and Ireland has emerging as an unwanted headache for Wesfarmers, as the retail conglomerate tries to return earnings at Coles to growth.
US President Donald Trump once again unloaded on Amazon, tweeting that the company is hurting other retailers and implying that it's killing industry jobs across the US.
Retail giant Wesfarmers has reported a 27.6 per cent jump in full-year profit, but revealed a slump from its earnings powerhouse, Coles.
What can't you do or buy online nowadays? Whatever the answer, shopping centres want a piece.
Domino's Pizza has moved to assure investors it would not buy back shares while its chief executive was selling them, after shareholders raised concerns about a potential conflict of interest.
Jeff Bezos has an army full of bond investors ready to back Amazon's conquest of the global supermarket industry.
When a company announces a $300 million share buyback, misses key financial targets and reveals its chief executive is selling shares, it's a sign that's the party is over.
Domino's Pizza has faced tough questions over a $300 million share buyback it had hoped would be a sweetener for shareholder on a day that otherwise wreaked havoc on their investments.
Ten former Masters stores across the country will reopen as shopping malls in time for Christmas, with another 30 to follow in 2018.
Behind the numbers of yesterday's Domino's announcements are franchisees who feel like they are being treated unfairly
Domino's Pizza has suffered an investor savaging that saw its share price plunge more than 20 per cent after it failed to meet its own targets for profit and predicted softer growth in the coming year.
H&M; signs on as anchor tenant in new-look development to be known as District Docklands.
Electronics suppliers value how JB Hi-Fi "brings their products to life" in the eyes of shoppers, which will be an important buffer if Amazon unleashes a price war in Australia, the retailer's boss says.
Labor's plan to tax discretionary trusts at a flat 30 per cent rate is "a real difficult nut", according to tax commissioner Chris Jordan.
Big four banks cave in to pressure and will extend cover to small business total loan facilities of up to $3 million.