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Latest news: Retail

Australia Post seeks to increase stamp price to $1.50

Australia Post seeks to increase stamp price to $1.50

Australia Post has lodged an application with the Australian Competition and Consumer Commission to increase the price of postage by 25 per cent.

Sales down at Harvey Norman as cost of living bites

Sales down at Harvey Norman as cost of living bites

Sales down at Harvey Norman as cost of living bites

Sales down at Harvey Norman as cost of living bites

Harvey Norman is confident its strong balance sheet can see it through a consumer slowdown, even as falling sales cause profits at the retailer to tumble.

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Australian companies face mandatory climate reporting as consumers and investors demand information they can trust and action to prevent even higher costs.

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Kmart sales up as cost-conscious shoppers hunt bargains

Kmart sales up as cost-conscious shoppers hunt bargains

Record annual earnings at Kmart have helped propel Wesfarmers to a $2.5 billion full-year profit, as consumers become more cost-conscious.

Endeavour Group raises a glass as profit lifts to $529m

Endeavour Group raises a glass as profit lifts to $529m

The company that owns Dan Murphy's, BWS and more than 300 licensed pubs in Australia has lifted its profit even as consumers grapple with economic pressures.

JB Hi-Fi full-year profit dials down to $524m

JB Hi-Fi full-year profit dials down to $524m

Electronics retailer JB Hi-Fi says sales were up 4.3 per cent to $9.63 billion for the 12 months to June 30, but costs rose even more.

NSW to pay for light rail construction nuisance

NSW to pay for light rail construction nuisance

Two businesses have succeeded in claims the construction of the Sydney light rail created nuisance, with damages for other businesses to be determined.

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Phone intercepts key to robbery case against jeweller

Phone intercepts key to robbery case against jeweller

Phone intercepts key to robbery case against jeweller

Phone intercepts key to robbery case against jeweller

Police are waiting for transcriptions of telephone intercepts to back up allegations a Sydney jeweller tried to rip off an insurer by robbing his own store.

Retail trade beats forecast as sales lure shoppers in

Retail trade beats forecast as sales lure shoppers in

Retail trade beats forecast as sales lure shoppers in

Retail trade beats forecast as sales lure shoppers in

Cash-strapped consumers are taking advantage of sales and pushing up retail trade temporarily, with the spending slowdown expected to continue next month.

Seven's appeal puts 7-Eleven delivery service at risk

Seven's appeal puts 7-Eleven delivery service at risk

Seven's appeal puts 7-Eleven delivery service at risk

Seven's appeal puts 7-Eleven delivery service at risk

Seven Network has appealed a court decision stripping it of the 7NOW trade mark sought by 7-Eleven for use in its own Australian delivery service.

Interest rate hikes cloud outlook for mid-year sales

Interest rate hikes cloud outlook for mid-year sales

Interest rate hikes cloud outlook for mid-year sales

Interest rate hikes cloud outlook for mid-year sales

Retailers are hopeful Australians will spend big during the end of financial year sales, even if they don't come out in large numbers.

Tough penalties for abusing, assaulting retail workers

Tough penalties for abusing, assaulting retail workers

Tough penalties for abusing, assaulting retail workers

Tough penalties for abusing, assaulting retail workers

Penalties for abusing or assaulting NSW retail workers are being ramped in response to the rising tide of verbal and physical attacks on shop workers.

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says rate hikes slowing sales growth

Retail Food Group says sales growth has moderated to just 2.2 per cent over the past 21 weeks.

Truck drivers protest at Aldi over safety standards

Truck drivers protest at Aldi over safety standards

Truck drivers protest at Aldi over safety standards

Truck drivers protest at Aldi over safety standards

Transport workers are protesting at Aldi stores as the union says the German supermarket giant is putting drivers under pressure.

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Domino's Pizza to close stores, exit Danish market

Dominos Pizza Enterprises has failed grow its delivery orders and is closing stores, and exiting the Danish market.

Drivers face pump pain as profits fuel inflation debate

Motorists are being urged to shop around before the three-day weekend as international research suggests company profits are pushing up inflation.

7-Eleven delivery closer after Seven's legal loss

7-Eleven is one step nearer to launching its own delivery service in Australia after coming out victorious in a trade mark stoush with Seven Network.

Coles and Woolworths set up 'foreign' pay system

The Fair Work Ombudsman has told the Federal Court that Coles and Woolworths have to pay for allegedly ripping off store workers via an illicit salary system.

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Myer CEO John King to retire next year after turnaround

The board of directors of the department store chain credit John King with an "extraordinary contribution" in turning around Myer's fortunes.

Jeweller stays jailed awaiting trial after store robbed

A lawyer has vowed to pick apart a police case alleging a Sydney jeweller was involved in robbing his own store, if it does not fall apart before then.

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