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Latest news: Retail

Rate hike 'risks hurting' fragile consumer sentiment

Rate hike 'risks hurting' fragile consumer sentiment

A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.

Dan Murphy's owner grows sales at expense of profit

Dan Murphy's owner grows sales at expense of profit

Dan Murphy's owner grows sales at expense of profit

Dan Murphy's owner grows sales at expense of profit

Endeavour Group expects to report a smaller profit after cutting its prices to grow its sales on the lead-in to the key holiday trading period.

Coles teen stabbing accused seeks mental health defence

Coles teen stabbing accused seeks mental health defence

Coles teen stabbing accused seeks mental health defence

Coles teen stabbing accused seeks mental health defence

A specialist court is set to decide if a teenage boy accused of stabbing a supermarket worker in the back should face trial on an attempted murder charge.

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Oasis tour tunes up economy but clouds rate cut hopes

Oasis tour tunes up economy but clouds rate cut hopes

Britpop giant Oasis and Black Friday bargains have helped bring Australia's economy back in tune, adding to the case against Reserve Bank rate cuts.

Dagger, hunting knife seized in shopping centre blitz

Dagger, hunting knife seized in shopping centre blitz

Dozens of weapons have been seized and more than 100 arrests made in a police operation targeting antisocial behaviour at shopping centres.

Boxing Day sales take off with bargain airfares

Boxing Day sales take off with bargain airfares

Shoppers are being urged to scrutinise Boxing Day bargain claims, while two major airlines have announced discounted fare sales.

Shoppers tipped to splash cash in Boxing Day spree

Shoppers tipped to splash cash in Boxing Day spree

Budget-conscious buying is expected drive big Boxing Day sales as savvy shoppers splurge for the year ahead, helping retailers clear shelves and boost cashflow.

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Penfolds owner's earnings sour on China 'grey' wine woe

Penfolds owner's earnings sour on China 'grey' wine woe

Penfolds owner's earnings sour on China 'grey' wine woe

Penfolds owner's earnings sour on China 'grey' wine woe

Shares in Penfolds owner Treasury Wine Estates plunged after it pointed to a fall in earnings due to problems in China and the US.

Price gouging ban will drive up costs: supermarkets

Price gouging ban will drive up costs: supermarkets

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.

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

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

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

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

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.

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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.

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 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

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.

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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

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

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

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.

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.

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