Oroton mulls options as Gap closure drags it into red

​Embattled luxury handbags retailer Oroton is looking at its options, including selling to new owner, after falling sales and the demise of its Gap stores pushed it to a full-year loss.

Lew's back and on Myer's case

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In a very short statement to the stock exchange Solomon Lew has put Myer on notice. Let the games begin.

Myer shares flying after Lew seeks share register

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Solomon Lew's Premier Investments has requested the full Myer shareholder register.

Rain jackets, backpacks help Kathmandu weather tough market

New rain jackets and backpacks have helped lift adventure gear retailer Kathmandu's full-year profit by nearly 14 per cent as the broader clothing market suffers from tough trading conditions.

Consumers splurging on 'meaningful' nights out

More Australians are splashing out on "meaningful experiences" such as concert tickets, the theatre, hotel stays and eating out rather than retail goods, according to NAB data.

'It's a basket case': Solly Lew unloads on Myer

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Veteran retailer Solomon Lew has unleashed his views on what he really thinks about Myer, and the verdict?

Billionaire Solly Lew lashes out at landlords, Myer

Veteran retailer and billionaire Solomon Lew has lashed out at "unrealistic" property landlords, saying more stores would close if they didn't cut rents.

What business really wants from your loyalty card

The promise of a free lunch can be mightily alluring.

Wesfarmers' Richard Goyder bows out $100 million richer

Wesfarmers boss Richard Goyder is going out on a high, taking home a record $12 million packet in his final year in the retail conglomerate's top job.

Stayin' alive, and ugly: Crocs' billion-dollar comeback

Crocs, perhaps the most polarising shoe of our time, is making a comeback.

Coles pay deal to wait for tribunal ruling on cheaper agreement

Coles will not put a new wage deal agreed on with the shop workers' union to a staff vote until the workplace tribunal decides whether to throw out its existing deal that pays lower penalty rates.

Toys 'R' Us files for bankruptcy; business as usual in Australian stores

The Australian arm of global kids retailing giant Toys"R"Us insists local stores will trade as normal after its parent company filed for bankruptcy in America and Canada.

Myer's share price hits an all-time low

Myer investors have punished the department store and pushed its share price to an all-time low.

Myer to claw back sales from its 'sexy cannibals'

Myer will try to claw back sales and floor space from the high-end concession stores that have colonised its stores.

Is New Myer just the old Myer with lip gloss?

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Only two years into the making of New Myer, its architect Richard Umbers is in strategy redesign - or as he would characterise it , refinement - as the business has fallen behind on its ambitious targets.

More stores to close as Myer profit tumbles 80%

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Myer says it will close more stores in what it expects to be another difficult year after its bottomline profit tumbled 80 per cent due to writedowns on the value of some of its fashion brands.

Local retailers don't trust Amazon, says eBay's new local boss

Australian retailers considering selling goods through Amazon do not trust the American ecommerce giant, and fear it might use their own sales data to undermine them, according to eBay' new local boss.

Why iPhones are cheaper in Asia than in Australia

Aussies hoping to buy the new iPhone are likely to be forking out more than most countries in Asia.

Amazon won't be the only Christmas Grinch

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The antidote to the current weakness in retail spending is an end to our sluggish wage growth.

Happy hour at bottle shops, as shoppers buy booze and little else

Slinging booze has emerged as one of the few bright spots in Australia's otherwise struggling retail landscape.

Amazon could launch in Australia in 'next 60 days'

US retail giant Amazon could launch in Australia within the next 60 days if feedback from suppliers proves correct, according to Citi analysts.

Coles hops into half hour delivery with Deliveroo

Coles has added another twist to its experiments with online delivery, teaming up with the bicycle-based service Deliveroo to offer a 30-minute home deliveries on groceries.

Aldi's fresh food is grocery 'game changer'

Aldi's billion-dollar fresh food facelift for its supermarkets is giving it more pricing firepower.

Not so awesome: Lego cuts 1400 jobs as profit dips

Lego had enlisted the help of Batman, Darth Vader and Harry Potter. Unfortunately, even that wasn't enough to turbocharge its profit.

SurfStitch administrators weigh up relisting

SurfStitch, the victim of one of the most memorable stock market wipe-outs in recent years, could soon be trading on the ASX again under a plan hatched by a mystery company insider that it being considered by administrators.

Former Billabong boss has jail sentence cut but loses appeal

Former Billabong boss Matthew Perrin has had six months shaved off his prison sentence but lost an appeal against his fraud conviction.

Berry supplier dragged to court of Patties' Hep A outbreak

The clean up from a hepatitis A outbreak linked to frozen berries has landed in court, with Patties Foods seeking millions of dollars in compensation from the supplier that sourced the infected fruit from China.

Tales of Brick and Mortar: The man who goes shopping for stories

Forget nail salons and burger joints: Old shops are in vogue for a new website.

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.