Yesterday
Myer, Premier sales hit by softer trading as vote on merger deal nears
A week out from a shareholder vote on the merger of Solomon Lew’s Apparel Brands with Myer, both companies say trading conditions are tough.
This Month
Blundy’s former right-hand man takes on Lovisa jewellery empire
Shane Fallscheer spent more than a decade growing the billionaire’s accessories retailer into a giant. Can he do it again – for himself – with Harli + Harpa?
December 2024
Super Retail whistleblower settlement claim dismissed
The company’s two former lawyers who claimed there was a culture of bullying at the firm have had their bid to enforce an alleged payout agreement thrown out by the Federal Court.
- Updated
- Exclusive
- Executive shake-up
Aesop CEO exits as skincare group hits $1b in sales
Michael O’Keeffe, the long-serving Australian CEO of the skincare brand now owned by L’Oréal, is leaving after more than 20 years with the group.
Stuck for gift ideas? Here are 56 popular items this Christmas
Australian shoppers are spending with surprising gusto on gadgets, appliances, fashionable drink bottles, cosmetics gift sets and cult skincare products.
- Exclusive
- Retail
Retailer Kogan cooperating with ASIC over options deal probe
Two executives made a $17.6 million windfall following an options buy-back; weeks later the Kogan share price crashed. The regulator is now looking into the saga.
- Exclusive
- Retail
The Kmart wizard who wants to take Anko to the world
The discount store’s own brand was founded in 2019 and now sells more than a billion items every year. Ian Bailey is about to take it global.
Super Retail claims it fired lawyers over alleged defamatory statement
Lawyers for the owners of the Rebel Sport chain say two fired senior executives only have their own lawyers to blame for losing their jobs.
Mosaic Brands receivers close Katies chain, 480 jobs to go
KPMG said it would close all 80 stores run by the womenswear brand, and another 80 owned by the company. Mosaic had already closed 200 shops to avoid collapse.
Myer says Black Friday sales were ‘encouraging’ despite tough trading
The retailer’s executive chairwoman Olivia Wirth used her first annual meeting in the job to sell plans for a merger with Premier Investments’ fashion brands.
Two ex-Super Retail lawyers suing the company have been hospitalised
The Federal Court heard that the two women, who have claimed there was a culture of bullying at the retailer, are in hospital because of the stress of the case.
Woolworths NZ faces criminal charges for allegedly misleading shoppers
The Commerce Commission was not satisfied that “specials really are special”, leading to legal action against the supermarket and its rival Pak’nSave.
Hit to Woolworths sales from strike grows to $140m, expected to rise
The supermarket giant agreed to a pay deal with the union on Saturday, ending industrial action. But it will take weeks to restock stores and warehouses.
Woolworths has partial win in union blockade leaving shelves bare
The retailer’s win at the Fair Work Commission could dent an indefinite strike that has cost it more than $50 million.
- Updated
- Executive shake-up
Wesfarmers shuffles the decks to double down on Kmart, Anko Global
The move involves the department store’s CFO, Aleksandra Spaseska, being elevated to the top job. Her predecessor will focus on expanding the Anko brand.
- Updated
Endeavour mulls an executive chairman as CEO search drags on
The largest shareholder of the Dan Murphy’s operator, Bruce Mathieson, said Ari Mervis could be a “short-term solution” to a permanent chief executive.
You’re part of the growth problem, business leaders tell Chalmers
The bosses of BHP and Wesfarmers have called on Labor to overhaul the uncompetitive tax system and reverse changes to IR laws if it wants a private sector recovery.
- Opinion
- Business People of the Year
Weckert stamps her mark on Coles amid tumultuous year for supermarkets
Leah Weckert, one of the Business People of the Year for 2024, has fared well amid a barrage of criticism from politicians over grocery prices.
Amazon is quietly turning into a major rival for Coles and Woolworths
Goldman Sachs estimates it is now the second-largest online retailer in Australia, but sales are still a fraction of the big supermarkets. Will that change?
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- Updated
- Retail
Woolworths strike bill tops $50m as disruption spreads to Dan Murphy’s
The nation’s largest supermarket operator has applied for an urgent tribunal order to keep unions from blocking access to distribution sites in Victoria and NSW.
- Updated