Yesterday
Woolworths slashes prices to close gap on Aldi
The under fire supermarkets are looking to show shoppers and politicians consumers are getting better deals at the checkout.
No joy for supermarkets in the election – but safeguards needed
There is a good case for both Labor and the Coalition’s proposals, but they should apply to all big businesses.
Dion Lee’s collapse blows up the wealthy Levis retailing family
Rod Levis started a clothing empire that grew from Cue to Veronika Maine to Dion Lee. Now his son says he was forced out, and is demanding his share.
March
Steve Donohue clocks off from final Dan Murphy’s shift
The CUB and Lion Australia bosses even put aside their business’ rivalry to share a beer with the outgoing CEO.
British giant Frasers to go big on Accent, roll out Sports Direct
The placement price is expected to be set on a volume-weighted average price basis.
Canada’s Dollarama makes $259m bid for The Reject Shop discount chain
The sale, with a big premium, is being supported by billionaire businessman Raphael Geminder, who has long been the variety retailer’s largest shareholder.
Former cricketer Brett Lee’s beer company owes creditors $10m
Sydney Beer Co, co-owned by the former Australian fast bowler, owes the Tax Office $1.3 million after collapsing on March 11.
Jeanswest goes under, putting 600 jobs at risk as stores close
Over 90 stores will be closed as the mid-market retailer, founded in Perth in 1972, goes into administration.
Toys R Us auditor warns retailer’s future is precarious
Once one of the country’s largest children’s toys and clothes chains, the company has been struggling against intense competition from its larger rivals.
Coles to end Vintage Cellar, First Choice brands in liquor overhaul
The country’s second-largest supermarket retailer will rebrand 984 stores in its alcohol business as Liquorland in the biggest shake-up in decades.
Endeavour’s Ari Mervis reviews BWS owner’s sprawling operations
The company’s largest shareholder, the Mathieson family, said they were open to talking to “anyone who will help make this business succeeded”.
Office supplies giant Winc flaunts billion-dollar revenue; sale flyer out
Winc is being shopped with a 6 per cent EBIT margin for 2025, with the sale documents pitching it as more profitable than ASX-listed distributors like EBOS and Dicker Data.
Koala schedules non-deal roadshow for IPO; $100m raising tipped
Should Koala progress with the IPO, sources said it could raise about $100 million for a circa $500 million valuation.
Why Ross Gittins is wrong about supermarket price gouging
Who would have thought oligopolies can sustain competition? Woolies and Coles have increased grocery prices less than British supermarkets.
Former investment banker relishes King Island Dairy rescue
Nick Dobromilsky, who grew up in Hobart, and business partner Graeme Wilson, are aiming to do better than a string of corporate giants at King Island Dairy.
How Solomon Lew will win the tariff war amid ‘worst conditions in 62 years’
Consumers are feeling stressed and conditions are tough, but the retail guru is still looking for growth.
Billionaire Solly Lew hunts for health, cosmetics retail acquisition
After merging its apparel business with Myer, Premier Investments is now seeking an acquisition in the cosmetics sector.
Woolworths, Coles warn more red tape means higher grocery prices
Disputing the ACCC’s findings that they have oversized profitability, the supermarket giants say increased costs will be passed onto shoppers.
Why the ACCC can’t limit Coles and Woolies’ power
The two supermarkets will cop more scrutiny on their practices and globally impressive margins, but their long-term market position and power will stay intact.
ACCC fails to find smoking gun on supermarket price-gouging
After a 12-month inquiry, the regulator has not been able to support claims that Coles and Woolworths are to blame for the inflationary cost-of-living squeeze.
Why Aussie consumers are losing the supermarket wars
While there is no silver bullet, the ACCC has some recommendations to improve competition in the sector.
Coles names Victoria as Australia’s supermarket theft capital
Other grocery retailers are also warning about a rise in shoplifting in the state, suggesting criminal organisations are becoming more brazen.
Rebellious robots and trapped stock: Inside Myer’s warehouse woes
Myer’s executive chairwoman Olivia Wirth is making reasonable progress on her turnaround of the retailer – but she’s got two problems.
Myer warns sales are falling, outlines $12m logistics breakdown
The department store chain is in the midst of merging with five fashion brands formerly owned by Premier Investments. Sales have fallen in the past few weeks.
Endeavour chairman faces restive investors at private meetings
Ari Mervis was appointed executive chairman of the Dan Murphy’s operator after the company could not find a new chief executive. Some shareholders are unhappy.