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Latest news: Retail

'I'm so scared': jewel fraudster jailed for sham heist

'I'm so scared': jewel fraudster jailed for sham heist

The owner of a jewellery store and a man he hired for a fake robbery in a $2.5 million attempted insurance fraud could both walk free from jail in months.

'Inept' jewellery fraudster was desperate due to COVID

'Inept' jewellery fraudster was desperate due to COVID

'Inept' jewellery fraudster was desperate due to COVID

'Inept' jewellery fraudster was desperate due to COVID

A man who pled guilty to insurance fraud after faking a robbery of his own jewellery store needed the money due to factors outside his control, his lawyer said.

Liquor firm cuts back on wine to focus on pubs growth

Liquor firm cuts back on wine to focus on pubs growth

Liquor firm cuts back on wine to focus on pubs growth

Liquor firm cuts back on wine to focus on pubs growth

Endeavour Group, which owns Dan Murphy's, BWS, and hundreds of pubs, plans to take $300 million in costs out of the business to support its future growth.

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'Underpaid, overworked' managers sue Rebel Sports

'Underpaid, overworked' managers sue Rebel Sports

Rebel Sport has been hit by a class action by frustrated managers claiming they were made to work for free and were not paid the necessary penalty rates.

'Nightmare scenario': illegal tobacco impact laid bare

'Nightmare scenario': illegal tobacco impact laid bare

Legitimate tobacco retailers say tax hikes have led to illicit sales decimating their income, with the legal market destined to be wiped out.

Shoppers could pay more after Coles misconduct ruling

Shoppers could pay more after Coles misconduct ruling

Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.

Watchdog seeks big penalty after Coles goes 'Down Down'

Watchdog seeks big penalty after Coles goes 'Down Down'

The consumer watchdog will be seeking a "significant penalty" to act as a deterrent to Coles and others, after a court found the supermarket misled shoppers.

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Shoe chain cops double blow with inside trading probe

Shoe chain cops double blow with inside trading probe

Shoe chain cops double blow with inside trading probe

Shoe chain cops double blow with inside trading probe

An ASX-listed footwear chain has disclosed that its chief is under investigation for potential insider trading and that it will make millions less in earnings.

Excise cut could fuel violence, illicit cigs tsar says

Excise cut could fuel violence, illicit cigs tsar says

Excise cut could fuel violence, illicit cigs tsar says

Excise cut could fuel violence, illicit cigs tsar says

Black market tobacco outweighs legal sales in Australia, but lowering the excise alone would not drive smokers off dodgy darts, Australian Border Force says.

Booze giant eyes job cuts, as consumers curb thirst

Booze giant eyes job cuts, as consumers curb thirst

Booze giant eyes job cuts, as consumers curb thirst

Booze giant eyes job cuts, as consumers curb thirst

The owner of Dan Murphy's and BWS bottle shops has hinted at job cuts - or "labour efficiencies" - as it tries to buffer its business from the Middle East war.

Supermarket giants brace for ruling on 'fake' discounts

Supermarket giants brace for ruling on 'fake' discounts

Supermarket giants brace for ruling on 'fake' discounts

Supermarket giants brace for ruling on 'fake' discounts

The consumer watchdog's landmark case against Coles and Woolworths over alleged "illusory" discounts is nearing a decision after 18 sessions over two hearings.

Big bunnies and grog sales take a wartime shopping hit

Big bunnies and grog sales take a wartime shopping hit

Big bunnies and grog sales take a wartime shopping hit

Big bunnies and grog sales take a wartime shopping hit

Coles shoppers adjusted their spending patterns after the Middle East war began, spending less on liquor and even buying smaller Easter chocolate bunnies.

Woolies cites post-COVID instability in prices stoush

Woolies cites post-COVID instability in prices stoush

Woolies cites post-COVID instability in prices stoush

Woolies cites post-COVID instability in prices stoush

Australia's biggest supermarket chain has defended its discounts, as the consumer watchdog's joint court case against Woolies and Coles nears the finish line.

Food giant sounds the alarm: shoppers are struggling

Food giant sounds the alarm: shoppers are struggling

Food giant sounds the alarm: shoppers are struggling

Food giant sounds the alarm: shoppers are struggling

Woolworths has seen a "major shift" in consumer sentiment due to the Middle East war and spiking petrol prices, with many struggling to make ends meet.

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Laundry powder price hike 'genuine', Woolies claims

The court stoush between the consumer watchdog and a supermarket giant has heard it used higher short-term prices to accentuate future price drops.

Woolworths bumped price of baby food before 'discount'

Woolworths sold baby food at a higher price for just three weeks before taking off 50 cents and marketing it as a price reduction, a court has been told.

Woolworths denies deception, blames inflation for hikes

Inflation and supplier negotiations drove prices higher, not a desire to mislead consumers with short-term hikes, Australia's biggest supermarket says.

Consumer watchdog chomps down on Black Friday swindlers

Phony countdowns and puffed-up sale offerings across Black Friday have put about two dozen retailers in the consumer watchdog's crosshairs.

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Fuel relief may not be enough to help stressed budgets

Two of Australia's biggest banks have recorded noticeable rises in the value of fuel transactions, with one also seeing evidence of potential stockpiling.

'Unfair' subscription traps to be banned in new rules

Trapping consumers into subscriptions and tricking buyers with lower advertised prices are the practices that will be banned under tough rules.

Furniture e-seller Koala successfully floats on the ASX

Mattress and sofa ecommerce retailer Koala's shares are trading at $3.70 on the ASX, up 8.8 per cent from their initial public offering price.

Kathmandu owner holds capital raising at steep discount

KMD Brands has been forced to raise funds at a 69 per cent discount, meaning shareholders are about to be stung with sharp losses.

Easter bunny haul smaller and dearer, figures show

'Shrinkflation' has hit Easter treats hard, with some beloved chocolate products almost doubling in price despite the cost of its key ingredient nosediving.

Myer clicks into gear with a huge e-commerce expansion

Myer will be able to sell thousands of new products and expand into different ranges once its new e-commerce marketplace launches in May.

Smiggle sets its sights and range on primary target

Smiggle will cut product ranges aimed at children younger than six and re-establish its identity as the back-to-school brand of choice for kids aged six to 12.

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