Retail
Woolworths announces warehouse job losses, Metro store write-downs
Woolworths has announced nearly $100 million in costs and impairments due to the closure of its Minchinbury warehouse and weak sales at its inner-city stores.
- by Dominic Powell
Latest
Coles cops a grilling on its $2.5b technology road map
Investors in supermarket giant Coles have questioned the company’s plan to spend $2.5 billion on a range of new investments designed to improve its tech chops.
- by Dominic Powell
Analysis
Amazon
Amazon is treating paying customers like guinea pigs
Many have learned a hard lesson about what it means to be an Amazon customer. At any moment, the company could surprise you with an unwelcome change to an Amazon product you own or decide to kill it altogether.
- by Brian X. Chen
Exclusive
Coronavirus pandemic
End of lockdown drove Melburnians to hit the shops and spend
Melburnians flocked to the shops after being released from the latest lockdown, but experts warn against getting carried away with optimism.
- by Noel Towell
Craft beer going flat: Return to classics drives VB, Carlton sales surge
Sales of classic lagers such as VB and Carlton have surged during the pandemic, in a sign the craft beer craze may be fading.
- by Dominic Powell
Exclusive
Coffee
Sydney roastery Campos Coffee snapped up by Dutch giant JDE Peet’s
Home-grown coffee company Campos, founded by Will Young 20 years ago, has been acquired by Dutch beverages giant JDE Peet’s.
- by Dominic Powell
Corporates have a role to play in vaccination rollout, says Cotton On boss
The head of fashion giant Cotton On has called on businesses to do what they can to aid the international rollout of the COVID-19 vaccine.
- by Dominic Powell
Solomon Lew’s Premier Investments set to nearly double full-year profits
The retailer, which owns brands such as Peter Alexander, Smiggle and Just Jeans, has continued its run of strong sales off the back of Australia’s COVID-19 recovery.
- by Dominic Powell
Netflix gets serious about retail as it launches online merchandise store
There will be Lupin pillows designed in collaboration with the Louvre and Netflix-branded boxer shorts. The world’s biggest streaming company is planting a flag in the territory of e-commerce.
- by John Koblin and Sapna Maheshwari
The plan to make smartphone and whitegood repairs cheaper and easier
Manufacturers would have to provide consumers and independent repairers with access to tools, spare parts and product manuals under a Productivity Commission plan to reduce landfill and make it cheaper to fix products.
- by Henrietta Cook and Jennifer Duke
Updated
Woolworths
‘No evidence’: ACCC approves Woolworths’ $550 million takeover of PFD after long inquiry
After a lengthy inquiry the consumer watchdog has cleared Woolworths’ acquisition of food services company PFD, finding it will not substantially lessen competition.
- by Dominic Powell