Australia: a nation of cash-poor millionaires

• COMMENT

The average Australian household now has more than a million dollars in net wealth. The trouble is we are becoming increasingly cash poor.

Belconnen residents spending the most on fast food

While those eating out in Kingston spend the most per visit, a new analysis finds.

'Really, really close': Amazon confirms local launch strategy

Global e-commerce giant Amazon has said it will launch in Australia with both an online retail and a "marketplace" offering, confirming for the first time its plan of attack for the local market.

Industry expert says avocado prices won't drop

While many smashed avo fans will have been cheering the news overnight that avocado prices are set to drop, their excitement will be short lived.

Only 1 per cent of Chinese women use tampons. P&G; wants to change that

Consumer giant Procter & Gamble is using China's Singles Day online shopping event to sell Chinese women a product they rarely buy: tampons.

Amazon kicks off fashion attack on Aussie retailers

• EXCLUSIVE

The largest assault on Australia's retail sector in decades is about to begin.

Domino's gets Japan back on track, ramps up new stores

Domino's Pizza says its has reversed its falling sales in Japan and is on track to open up to 200 new stores worldwide this financial year.

Solomon Lew calls for former Myer boss' return

Solomon Lew has revealed his hand in the high-stakes game his Premier Investments is playing with Myer, naming the directors he wants appointed to the department store's board and outlying a strategy to revive its fortunes.

New Myer chairman's bombshell a 'lie, fabrication'

Myer's incoming chairman has claimed that Solomon Lew's Premier Investment - a scathing critic of his ability to lead the department store's board - once courted him for the same role.

Clock is ticking: Myer chief running out of time

• COMMENT

Myer boss Richard Umbers probably has another six months to demonstrate that his plans to transform Old Myer to New Myer are working.

What happens next at Myer is out of Lew's hands

Solomon Lews' plan to a get his voice heard in the company's board room will depend on shareholders who control the other 90 per cent of Myer.

Fashion designers Dolce & Gabbana are now selling pasta

The chiffon dress with the pasta print should have been the tipoff.

The ominous sign at Amazon's new Australian warehouse

There is a sign outside the first Australian warehouse for Amazon which says in enormous letters "Welcome Amazonians. It's still day one! Are you ready to make a difference?"

Woolies is playing smart. Coles is not, and it shows

• COMMENT

The reason Coles offers me women's wear is that it is not thinking. Woolworths is.

The longer he spoke, the more Myer's share price fell

• COMMENT

Myer boss Richard Umbers is caught in a pincer. And the longer he spoke, the more the share price fell.

Myer subjected to wisdom of Solomon

Retail veteran Solomon Lew says Myer's latest sales figures show the department store's strategy is reaping only "weeds" and that its incoming chairman is unelectable.

Topshop 'rescued' by Australian online retailer

Online retailer's push to revive brand's standing with Australian customers after horror year.

'I see only weeds' - Lew lashes latest Myer numbers

• UPDATED

Myer has caved in to major shareholder Solomon Lew's demands to release its first-quarter sales results - and the reading isn't pretty.

Woolworths wins back family shoppers, gains momentum over Coles

Woolworths has shot ahead of its rival Coles, posting comparable food sales growth of 4.9 per cent in the first three months of the financial year.

'New Myer' fail: showcase store lags behind DJs

• ANALYSIS

A year after Myer Warringah was revamped and reopened, industry sources are labeling it a failure.

Lew doesn't care about you, Myer tells shareholders

Myer's incoming chairman has warned that letting billionaire rag trader Solomon Lew into the company's boardroom would be "enormously damaging".

Want an iPhone X? Hurry up and wait

Apple began accepting early orders for its iPhone X at 12:01 am on Friday in California. Within minutes, shipping times quickly lengthened to as much as six weeks.

Amazon is now the size of a small country

The online retailer's workforce is now larger than the population of dozens of small countries.

Caltex weighed name change as exploited workers wait

• COMMENT

As oil refiner and petrol station giant Caltex continues to battle a systemic wage fraud scandal across its franchise network it has come to light that it considered changing its name.

Amazon beats profit forecasts after sales jump

The online retailer's sales jumped 34 per cent in the third quarter and profit topped analysts' estimates as Prime Day sales boosted its retail business and demand remained strong for its popular cloud service for companies

JB Hi-Fi in online push as Amazon arrival looms

Retailer says it needs to bring its online offering up to standard.

The sleeper issue inside Wesfarmers

• COMMENT

Investors in Wesfarmers got seriously spooked on Wednesday when the release of its quarterly sales numbers showed Coles sales growth had slowed to a crawl.

Ex-Swisse boss Sali aims for Stratosphere with ad agency

Radek Sali, the former Swisse chief executive who sold the vitamins company for $1.67 billion two years ago, has launched an advertising agency he says will help other companies target the burgeoning Asian consumer market.

Coles promises rebound after cheap veggies hit sales

Coles is promising to bounce back in 2018 after cheap fruit and vegetables contributed to the supermarket's sales growth falling to its slowest rate in eight years.