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Latest news: Retail

Generational divide in views of 'deviant' retail theft

Generational divide in views of 'deviant' retail theft

Shoppers increasingly consider some types of retail theft to be OK, as a union declares its "high time" for a state to deliver harsher abuse penalties.

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.

Lovisa CEO denies misconduct allegations at Smiggle

Lovisa CEO denies misconduct allegations at Smiggle

Lovisa CEO denies misconduct allegations at Smiggle

Lovisa CEO denies misconduct allegations at Smiggle

Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.

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Kathmandu, Rip Curl owner slumps to huge full-year loss

Kathmandu, Rip Curl owner slumps to huge full-year loss

The owner of Kathmandu, Rip Curl and Oboz footwear, KMD Brands has posted a statutory loss of $105 million - its worst result in at least a decade.

Myer's troubled robotic warehouse costing it dearly

Myer's troubled robotic warehouse costing it dearly

Myer shareholders won't see a final dividend after its full-year profit took a 30 per cent hit, driven by costly issues with a robotic warehouse.

Face-scanning boundary set after Kmart's privacy breach

Face-scanning boundary set after Kmart's privacy breach

Retailers' use of face-scanning is again in the spotlight, with experts questioning if there is any legal way it can be used in Australia.

'It starts to hurt a lot': big toll of deaths, manhunt

'It starts to hurt a lot': big toll of deaths, manhunt

As the manhunt for an accused killer enters a fourth week, a relief package for businesses impacted by the search will be a drop in the ocean for many.

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Woolworths, Coles say underpayment costs could hit $1b

Woolworths, Coles say underpayment costs could hit $1b

Woolworths, Coles say underpayment costs could hit $1b

Woolworths, Coles say underpayment costs could hit $1b

Woolworths estimates it owes up to $750 million to thousands of salaried team leaders after a court ruling, while Coles' liability could hit $250 million.

Sweeney jeans ad frenzy boosts teen clothing retailer

Sweeney jeans ad frenzy boosts teen clothing retailer

Sweeney jeans ad frenzy boosts teen clothing retailer

Sweeney jeans ad frenzy boosts teen clothing retailer

An internet meltdown over an ad campaign featuring actor Sydney Sweeney has translated into new customers for an American clothing brand.

Rip Curl owner plans store cutbacks in turnaround plan

Rip Curl owner plans store cutbacks in turnaround plan

Rip Curl owner plans store cutbacks in turnaround plan

Rip Curl owner plans store cutbacks in turnaround plan

KMD Brands will close at least 21 stores and has shaken up its senior leadership team as part of a turnaround plan that includes a $25 million cost reset.

Consumer boom drives surprise jump in economic growth

Consumer boom drives surprise jump in economic growth

Consumer boom drives surprise jump in economic growth

Consumer boom drives surprise jump in economic growth

Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.

Moves to crack down on supermarket 'shrinkflation'

Moves to crack down on supermarket 'shrinkflation'

Moves to crack down on supermarket 'shrinkflation'

Moves to crack down on supermarket 'shrinkflation'

The federal government is looking at ways to ensure consumers get more bang for their buck at the checkout, with a crackdown on "shrinkflation" on the cards.

Rising property values help boost Harvey Norman profit

Rising property values help boost Harvey Norman profit

Rising property values help boost Harvey Norman profit

Rising property values help boost Harvey Norman profit

Harvey Norman says its profit after tax has risen 47 per cent to $518 million, and its total assets have topped $8 billion for the first time.

What cost of living crisis? Kmart owner profit soars

What cost of living crisis? Kmart owner profit soars

What cost of living crisis? Kmart owner profit soars

What cost of living crisis? Kmart owner profit soars

Perth-based conglomerate Wesfarmers, which owns Kmart, Bunnings and Officeworks, has increased its dividend payout after delivering a $2.9 billion net profit.

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Shoppers check out of Woolies as Coles registers gains

Shoppers are switching supermarket brands with Woolworths losing sales to arch-rival Coles as the giant chains post contrasting financial results.

Chemist Warehouse owner says merger paying dividends

Sigma Healthcare has lifted its cost-savings target from its February merger with Chemist Warehouse, saying it now expects to save $100 million a year.

Buying frenzy for Coles shares after bumper sales year

Coles shares posted their best single-day gains in more than five years after the supermarket giant announced strong sales growth and a billion-dollar profit.

'We cop it': abused, tired retail workers demand change

Understaffed, abused and at the mercy of constant job changes, retail workers are burned out and almost half plan to throw in the towel.

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Supercheap Auto owner hits record $4.1b sales

There are signs of a consumer recovery in a major Australian retailer's annual results, which showed a strong uptick in second-half sales.

Nimble Breville gets the drop on US tariffs

Home appliance manufacturer Breville has posted a double-digit profit boost, as it positions for growth in a rapidly evolving trade environment.

JB Hi-Fi boosts profits but shares slip on CEO exit

JB Hi-Fi will hand back $224 million to shareholders after posting more than $10 billion in annual sales, as its chief executive lays down a succession plan.

Bricks and mortar thrive as beauty retailer expands

The expansion of a major beauty retailer's flagship is in line with trends of specialty stores moving into physical retail at the expense of department stores.

Kmart accused of misleading over slave labour supplies

An Australian-based Uyghur group is taking Kmart to court, alleging it sourced stock using slave labour while marketing itself as an ethical business.

Households spending on non-essentials as pressures ease

An easing in household financial pressures is helping fuel spending with consumers forking out more on recreation, culture and food, fresh stats show.

Tackling unpaid invoices still a bread and butter issue

With Australian business insolvencies at historically high levels, fintechs are looking to settle the problem of the nation's $115 billion in unpaid invoices.

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