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Latest news: Retail

Price gouging ban will drive up costs: supermarkets

Price gouging ban will drive up costs: supermarkets

Lower grocery bills are being promised with a price gouging ban but supermarket giants and retailers say shoppers will be the ones to bear the brunt of costs.

Budget update to reveal Australia's fiscal fortunes

Budget update to reveal Australia's fiscal fortunes

Budget update to reveal Australia's fiscal fortunes

Budget update to reveal Australia's fiscal fortunes

The federal treasurer says he's booked another $20 billion in savings in the budget update, but is keeping mum on whether that means a smaller deficit.

Myer hails Black Friday boom as top label nears return

Myer hails Black Friday boom as top label nears return

Myer hails Black Friday boom as top label nears return

Myer hails Black Friday boom as top label nears return

Department store Myer achieved its biggest biggest Black Friday sale performance on record as it prepares to relaunch a fast fashion brand in Australia.

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Rate rise flagged as RBA does a Grinch with no Xmas cut

Rate rise flagged as RBA does a Grinch with no Xmas cut

More rate relief for borrowers has essentially been ruled out by the Reserve Bank governor as the central bank mulls over when to lift rates again.

Retail workers detail horrific abuse ahead of Xmas rush

Retail workers detail horrific abuse ahead of Xmas rush

Almost all retail and fast food workers have documented verbal abuse while one in 10 have been spat on, sparking calls for better protections.

Economy has huge issues, billionaire retail icon warns

Economy has huge issues, billionaire retail icon warns

Premier Investments shares have plunged as the owner of Smiggle and Peter Alexander blames lower earnings forecast on the economy.

Rat poison that kills native animals taken off Amazon

Rat poison that kills native animals taken off Amazon

A form of rat poison that inadvertently kills possums, eagles and owls has been removed from a major e-commerce platform, amid calls to ban the product.

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Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier Metcash has delivered a $142.2 million first-half net profit, up 0.3 per cent from a year ago, and reported tobacco sales dropped by 35 per cent.

Shoppers tap credit to fund record Black Friday sales

Shoppers tap credit to fund record Black Friday sales

Shoppers tap credit to fund record Black Friday sales

Shoppers tap credit to fund record Black Friday sales

Despite inflation pummelling hopes of more interest rate cuts, Australians are spending as much as ever in major sales and increasingly using debt to do so.

Retail supremo dangles 'game-changing' mystery tech

Retail supremo dangles 'game-changing' mystery tech

Retail supremo dangles 'game-changing' mystery tech

Retail supremo dangles 'game-changing' mystery tech

Harvey Norman chair Gerry Harvey has hinted he might be selling robots in the next 18 months alongside a 'secret' technology, after dissing his rivals.

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Temple & Webster shares were down more than 30 per cent in late trading after the online furniture retailer's trading update disappointed investors.

'Numbers game': shopping scammers profit on sales craze

'Numbers game': shopping scammers profit on sales craze

'Numbers game': shopping scammers profit on sales craze

'Numbers game': shopping scammers profit on sales craze

While bricks and mortar retailers might be relishing upcoming Black Friday and Christmas sales, online scammers are also licking their lips.

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Police will be deployed across more of a major state train network and shopping centres in a bid to reduce the likelihood of violent crime.

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Jail time for threatening staff as retail attacks surge

Years in jail and store bans are among tougher penalties flagged by a state government tackling a troubling surge in attacks and threats on retail shop staff.

'Do you care?': Coles stares down anti-salmon activists

Coles shareholders have voted down activist-backed resolutions taking aim at its sourcing of salmon after executives were peppered with questions on the issue.

Landlords in illegal tobacco, vape store firing line

An illicit tobacco and vape crackdown is expanding to landlords, with jail time threatened for those who don't shut down dodgy shops.

Illicit cigarettes surge clouds modest spending lift

A 0.2 per cent rise in household spending in September would have been twice as strong if not for a fall in legal tobacco sales, according to official figures.

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Retailers ponder quitting ciggies as illegal sales soar

Supermarkets and smaller retailers are feeling the pain of the illegal tobacco trade, posting super-sized drops in revenue in recent reporting.

Workers threatened with weapons as retail crime spikes

Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.

Coles puts heat on Woolworths with strong sales growth

Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.

'Eye off the ball': Woolies lays blame for limp results

A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.

'Threatened, spat at': retailers, workers demand action

A rise in violent behaviour towards retail workers has sparked exasperated calls from supermarket giants for stronger workplace safety protections.

JB Hi-Fi entering holiday period with 'good momentum'

Same-store sales at JB Hi-Fi's namesake consumer electronics stores grew five per cent in Australia in the first quarter, the retailer says.

Ban on violent customers to help protect retail workers

Plans to scan knives and bar violent shoppers from stores will be used to address a 'crisis level' of assaults against retail workers.

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