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Latest news: Retail
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.
Apr 30, 2024
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.
Apr 26, 2024
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
Apr 19, 2024
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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.
Apr 18, 2024
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.
Apr 15, 2024
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.
Apr 09, 2024
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.
Apr 03, 2024
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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.
Mar 27, 2024
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.
Mar 26, 2024
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.
Mar 25, 2024
'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.
Mar 25, 2024
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.
Mar 20, 2024
'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.
Mar 14, 2024
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.
Mar 14, 2024
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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.
Mar 12, 2024
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.
Mar 04, 2024
Sales, dividend down as retail slump hits Harvey Norman
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
Feb 29, 2024
Piggy politicians squeal for end to greedy grocers
Strutting through parliament as swindling swines, independent MPs Bob Katter and Andrew Wilkie have called on the government to break up the major supermarkets.
Feb 28, 2024
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Resilient travel demand propels Flight Centre earnings
Australians' insatiable appetite for travel amid falling discretionary spending has helped Flight Centre to a solid sales lift in the first half of 2023/24.
Feb 28, 2024
Aussie workers above average on artificial intelligence
The trick to harnessing artificial intelligence is to get clear evidence and guidance on how humans and machines should share the workload, a tech leader says.
Feb 27, 2024
Coles CEO defends making profit, says competition tough
Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.
Feb 27, 2024
Firms less keen as emission cuts move beyond quick wins
Cost savings, not saving the planet, are front of mind for Aussie businesses working on decarbonisation plans, and they're lagging their peers, a survey finds.
Feb 15, 2024
Record first-half sales for Temple & Webster
Despite cost-of-living pressures, furniture e-retailer Temple & Webster says it had $254 million in first-half sales, up 23 per cent from a year ago.
Feb 13, 2024
JB Hi-Fi beats expectations despite H1 profit fall
JB Hi-Fi shares rose five per cent in early trading after the consumer electronics retailer announced its net profit dropped 20 per cent in the first half.
Feb 12, 2024
Swifties blow big bucks on prized tour merchandise
Swifties have already spent up big on Eras Tour tickets and now they are lining up for merchandise ahead of the pop superstar's upcoming Australian concerts.
Feb 07, 2024
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