Today
Temple & Webster bucks retail slump, shares soar
The online furniture retailer’s shares jumped 26 per cent after it achieved almost $500 million in sales in a soft market by winning market share.
- 1 hr ago
Yesterday
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- Earnings season
Jump in JB Hi-Fi sales fuels retail earnings optimism
Investors predict better-than-expected earnings for retailers after months of soft trading.
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This Month
Former Super Retail executive claims CEO spat at staff in meeting
The allegation, made in court filings, suggests Anthony Heraghty presided over a dysfunctional workplace and improperly spent funds. He denies the claims.
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- Earnings season
‘People have more money, but we have not seen it’: Nick Scali CEO
The retailer has recorded a slide in sales as shoppers stay away from big-ticket purchases.
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Big discounting and store closures hit Myer’s bottom line
The department store has warned it will record a fall in sales when it publishes its financial results next month, as lower customer spending takes its toll.
Super Retail claims Harmers tried to surf in on deal with ex-executive
The owner of Rebel Sport wants the law firm removed from a lawsuit, alleging it tried to protect itself from defamation as part of settlement negotiations.
- Opinion
- Retail
Pressure is on Domino’s boss to deliver a turnaround
US parent Domino’s Pizza Inc and local chairman Jack Cowin are each becoming more involved in how ASX-listed Domino’s Pizza Enterprises is run.
Coles boss banks on efficiency gains from new warehouse
Leah Weckert says better product availability will translate to higher sales following the opening of a major distribution centre in western Sydney.
Liquor giant Dan Murphy’s absorbs Penfolds price hikes
The retail chain’s managing director Agi Pfeiffer-Smith said the market is increasingly competitive and even shoppers seeking small luxuries want a deal.
The luxury bubble is bursting and not even Cettire is safe
Prestige fashion is in a state of crisis as sales plunge and stocks pile up. For Cettire, which has operated in the grey market, this is its moment of truth.
‘We know over 500 customers’ are searching for it’: the big changes coming to DJs
Although shoppers remain cautious, Scott Fyfe and Anchorage Capital are hoping their $250 million revamp will keep consumers spending.
July
Super Retail wins last-minute bid to suppress statement of claim
The owner of Rebel Sport and Supercheap is defending an action brought by its former head of legal.
Harmers lodges claim against Super Retail, CEO and chairwoman
The former head of legal for the company which owns Rebel sport is now looking to the Federal Court to enforce a settlement deal she allegedly reached in May.
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Woolworths seeks to fill two top exec jobs with exit of Davis
As outgoing chief executive Brad Banducci hands over to his successor Amanda Bardwell she will start to get her team in place.
Woolworths in leadership limbo after exec becomes Ramsay CEO
After missing out on the CEO role at the retailer, Natalie Davis will take over from long-serving Ramsay boss Craig McNally who will step down next year.
Adore Beauty hires ex-General Pants CEO to lead recovery
After selling General Pants to Richard Facioni’s Alquemie Group, Sacha Laing has jumped ship to run the online beauty company.
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- Exclusive
- Retail
Woolworths Holdings brings in BCG to slash costs at Country Road
Country Road – which operates its eponymous brand along with Mimco, Trenery, Witchery and Politix – has been controlled by the South African group since 1998.
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There’s an $8b business quietly growing inside Wesfarmers
In 2008, Kmart was on its knees. But a trip to the United Kingdom turned into the company’s greatest success – Anko, the home brand with big growth plans.
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- Exclusive
- Supermarkets
Why you can’t order online from Aldi anytime soon
The German discount supermarket had been investigating internet sales, which is a space that its rivals Woolworths and Coles have aggressively expanded into.
Claims of Super Retail office relationship cover-up head to court
Two former senior executives have filed their Fair Work action, alleging they were unfairly dismissed from the company behind the Rebel Sport chain.
