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Latest news: Retail

Tourist bucks weigh in with record economy boost

Tourist bucks weigh in with record economy boost

Travel and tourism will contribute more to Australia’s economy in 2024 than any year on record, according to international forecasts.

Aldi stores help keep prices down at Coles, Woolworths

Aldi stores help keep prices down at Coles, Woolworths

Aldi stores help keep prices down at Coles, Woolworths

Aldi stores help keep prices down at Coles, Woolworths

Research from consumer group Choice has revealed customers are paying $17 less for groceries on average at Aldi compared to major supermarkets.

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Experts say notes and coins are not about to vanish from circulation, despite more Australians choosing to go cashless at the counter and online.

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Bookseller Booktopia takes desperate steps to survive

Bookseller Booktopia takes desperate steps to survive

Booktopia's chief executive has resigned, 50 roles are being eliminated and it is paying $660,000 to establish a $1 million debt facility at 18 per cent rates.

IKEA to piece together electric truck charging network

IKEA to piece together electric truck charging network

The Swedish furniture giant will install chargers for electric vans and trucks at all of its local stores in a move designed to inspire low-emission deliveries.

Rising costs won't stop that special bouquet for mum

Rising costs won't stop that special bouquet for mum

Florists are preparing for the surge of sales ahead of Mother's Day this Sunday with people expected to spend about $1 billion on presents for their loved ones.

Retail, banking sell-off ends ASX 5-day winning streak

Retail, banking sell-off ends ASX 5-day winning streak

The ASX200 fell 1.1 per cent, with the consumer discretionary sector suffering its worst loss in 16 months on several trading updates.

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Grocery prices temper as supermarket scrutiny grows

Grocery prices temper as supermarket scrutiny grows

Grocery prices temper as supermarket scrutiny grows

Grocery prices temper as supermarket scrutiny grows

Price inflation has moderated as the supermarkets contend with criticism, including a government report that recommends breaking up the industry's big players.

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Supermarket price gouging should be illegal and there must be laws to break up major retailers that abuse their market power, a Senate committee has found.

Retailers feel pinch as shoppers stay home, spend less

Retailers feel pinch as shoppers stay home, spend less

Retailers feel pinch as shoppers stay home, spend less

Retailers feel pinch as shoppers stay home, spend less

The high cost of essentials such as health, education and housing are squeezing household budgets and leading to weak discretionary spending.

Rebel Sport CEO accused of secret affair with HR chief

Rebel Sport CEO accused of secret affair with HR chief

Rebel Sport CEO accused of secret affair with HR chief

Rebel Sport CEO accused of secret affair with HR chief

Super Retail Group, owner of Rebel Sport and BCF, faces court action over claims of bullying and an undisclosed relationship between the CEO and another exec.

Social media giants put on notice over stabbing content

Social media giants put on notice over stabbing content

Social media giants put on notice over stabbing content

Social media giants put on notice over stabbing content

Political leaders are calling for an overhaul of social media platforms and harsher penalties following the Bondi Junction stabbing attack

Woolies dubbed a 'model accused' over $1m pay bungle

Woolies dubbed a 'model accused' over $1m pay bungle

Woolies dubbed a 'model accused' over $1m pay bungle

Woolies dubbed a 'model accused' over $1m pay bungle

Supermarket giant Woolworths is facing up to $10 billion in fines after it admitted in court to underpaying about 1200 workers more than $1 million in leave.

Bunnings baulks at firmer rules around plant suppliers

Bunnings baulks at firmer rules around plant suppliers

Bunnings baulks at firmer rules around plant suppliers

Bunnings baulks at firmer rules around plant suppliers

Hardware giant Bunning Warehouse could be included in a mandatory code of conduct aimed at major supermarkets, with concerns raised about plant suppliers.

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Coles, Woolworths bosses set for Senate showdown

The heads of Coles and Woolworths will be grilled by a Senate committee examining supermarket prices as debate rages about the power of the two retail giants.

Fashion brand Marquee Retail appoints administrators

The company that owns affordable handbag brand Colette by Colette Hayman and luxury bag brand The Daily Edited will keep stores open as it explores a sale.

Easter trouble for workers 'just doing their jobs'

One shopper's Easter egg is another retail worker's dreaded shift as last minute shopping risks more verbal abuse from customers, a retail union warns.

Plans to break up supermarkets 'deficient': Nationals

The Nationals say breaking up supermarkets to stop price gouging is important but they have preferenced a divestiture deal with the Liberals over the Greens.

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Big business accused of protecting price gouging

Big corporations have been accused of waging a "war on divestiture" to protect their ability to price gouge and profiteer.

'It's got to stop': jail proposed for posting crimes

A two-year social media ban or prison could be on the cards for Australians who glamorise their crimes, under the coalition's plan to address youth offending.

Online shopping is forcing down prices by $1100 a year

Greater competition from online shopping is forcing down the price of some goods, research has found, and could have a bigger impact in the future.

'Brazen' CBD crime wave shakes business confidence

Police will be out in force in Adelaide's CBD as businesses hold a summit into retail crime after a series of shoplifting incidents and assaults on staff.

Myer names ex-Qantas exec Olivia Wirth as its next CEO

The former chief executive of Qantas Loyalty will become the next Myer chief executive when current CEO John King retires in June.

Coles faces competitive pressure from online retailers

The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.

Fashion retailer sued over 'frustrating' parcel delays

The owner of Katies, Rivers and Noni B has said it will defend a "flawed" lawsuit brought by the consumer watchdog over the alleged slow delivery of parcels.

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