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Latest news: Retail

Billions to be spent on Black Friday, Cyber Monday

Billions to be spent on Black Friday, Cyber Monday

Even Santa Claus couldn't stay away from Black Friday and Cyber Monday sales, with Australians expected to splurge a record $6.7 billion.

Coles denies supplier gouge through own-brand products

Supermarket heavyweight Coles has developed a wide range of subtly-branded products it owns, denying there is any transparency issue for customers.

Woolies denies gouging suppliers in skewed relationship

Woolies denies gouging suppliers in skewed relationship

Woolies denies gouging suppliers in skewed relationship

Woolies denies gouging suppliers in skewed relationship

Representatives from supermarket powerhouse Woolworths deny its huge market share is costing suppliers an opportunity to negotiate when selling products.

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Developer malaise means Woolies is behind more malls

Developer malaise means Woolies is behind more malls

Woolworths has cast itself as being in competition with cake shops and newsagents, while also showing the might of its construction arm.

'Morons': Multi-faith condemnation over Myer protest

'Morons': Multi-faith condemnation over Myer protest

Multi-faith leaders have stood in solidarity against protesters planning to target a Christmas event, as the organiser insisted children were never a target.

Discount class action fresh headache for grocery giants

Discount class action fresh headache for grocery giants

Australia's two major supermarket chains say they will defend against class action lawsuits brought over allegations of misleading promotional price practices.

Myer scraps Christmas windows event over protest threat

Myer scraps Christmas windows event over protest threat

An event to launch Myer's Christmas Windows has been scrapped after protesters planned to crash the celebration, with police vowing a strong presence.

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Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.

Aldi banks on winning customers over opening new stores

Aldi banks on winning customers over opening new stores

Aldi banks on winning customers over opening new stores

Aldi banks on winning customers over opening new stores

The nearest supermarket rival to Coles and Woolworths says it's focused on trying to woo new customers rather than expanding its chain of Australian stores.

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Produce growers face limited export opportunities, low bargaining power and high costs to supply Australian supermarket giants, an inquiry has heard.

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

Consumers doubt rising costs are totally to blame for higher grocery prices, as profits fall for manufacturers struggling to pass on surging costs.

Fears supermarket squeeze risks short-changing shoppers

Fears supermarket squeeze risks short-changing shoppers

Fears supermarket squeeze risks short-changing shoppers

Fears supermarket squeeze risks short-changing shoppers

Supermarkets could face fines or be broken up under an opposition plan to improve competition, but a business body says this could have unintended consequences.

Wesfarmers defends record profits amid cost crisis

Wesfarmers defends record profits amid cost crisis

Wesfarmers defends record profits amid cost crisis

Wesfarmers defends record profits amid cost crisis

Wesfarmers chair Michael Chaney is reclaiming the word "profit" as the parent company of Kmart and Bunnings reaps a record profit amid a cost-of-living crisis.

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Woolworths shareholders have questioned the company's board over its pricing practices and use of farmed salmon which threatens the existence of a rare fish.

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'People haven’t splurged': tax cut spending subdued

Australian retailers are finally starting to see a more upbeat consumer, though spending is unlikely to be strong enough to fan the flames of inflation.

Optus regrets 'unacceptable' conduct alleged by ACCC

Australia's second-largest telco says it failed to meet expectations after the consumer watchdog alleged "unconscionable conduct" against vulnerable customers.

Retail eyes frightfully good Halloween spending splurge

Australian retailers are expecting a $450 million spend on Halloween before an even bigger splurge during the black Friday and cyber Monday sales.

Australia's inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

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Coles, Woolies call price check on ACCC discount claim

Supermarket giants Coles and Woolworths will fight the consumer watchdog over accusations of dodgy "price drop" campaigns.

Harvey Norman misled customers with 'interest-free' ads

Retail giant Harvey Norman misled consumers with a widespread ad campaign offering interest-free and no-deposit purchase options, the Federal Court has ruled.

Supermarkets blamed most for cost-of-living woes

A new report reveals Australians lay the blame for the rising cost of living at the feet of supermarkets.

New merger laws to shelve 'damaging' supermarket deals

The competition watchdog will have to be notified of every supermarket merger to prevent major players from gaining an unfair advantage.

Expert rejects supermarket land banking concerns

A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.

Core brands survive big change at battling retail chain

Mosaic Brands says it will close its Rockmans, Autograph, Crossroads, W.Lane and BeMe brands to focus on its core brands such as Noni B.

Retail sales to show economy continues to sputter along

The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.

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