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Retail

This Month

The ACCC accused the two big retailers of fake discounts.

The shopping list that will help decide ACCC’s sham discount case

From Tim Tams to Rexona, the ACCC’s case against Woolworths and Coles will hinge on 24 grocery items.

Super Retail boss Anthony Heraghty holds fewer shares than he used to.

The other CEO-HR affair causing pain at Super Retail

Secret workplace affairs rarely end well. Particularly between CEOs and their HR chiefs.

Cettire connects buyers of brands like Gucci and Louis Vuitton with third-party suppliers.

In the lapse of luxury, what of Cettire’s future?

All options are likely on the table at Cettire, including being taken private, as the high-end luxury market is buffeted by slower consumer demand.

Why this former retail darling dumped its CBD flagship

Fifty-year-old heritage brand Country Road is battling through a tough trading backdrop and closure of its flagship Sydney city stores.

Jayne Hrdlicka will take over as chief executive of Endeavour, which owns Dan Murphy’s and BWS, next year.

Endeavour delays its technology separation from Woolworths until 2030

The owner of Dan Murphy’s and BWS was spun out of the supermarket giant in 2021, but has told staff that plans to run its own store platforms are on hold.

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Guess who’s unhappy about the surcharge ban? Cafes and retailers

Small business says it will be the “piggy in the middle” as banks and credit card providers won’t lower fees enough to cover the loss of revenue.

City Chic operates 78 stores across Australia and New Zealand as well as local and US websites and wholesale partners.

City Chic sales, full-year earnings dragged lower by US

The ladies’ plus-sized fashion retailer has returned to profitability, but full-year earnings and sales have fallen short of expectations.

Donald Trump.

Trump’s trade threats could send coffee to $8 a cup

Donald Trump’s proposed tariffs on Brazil could cause knock-on effects in Australia and send the cost of barista-made coffee to $8 a cup, experts warn.

A rider for the HungryPanda online food delivery service in Sydney.

British court finds Australian delivery app Easi wronged its new owner

HungryPanda had accused its Melbourne-headquartered competitor, specialising in Asian food, of trying to sell its business twice after a $50 million buyout.

InvoCare is the biggest funerals group in Australia, with national brands including Simplicity Funerals and White Lady Funerals.

TPG Capital ditches InvoCare chief executive after less than two years

The private equity firm took the country’s largest funeral home business private in a $1.8 billion buyout shortly before appointing Eron Plumb in November 2023.

InStitchu co-founders James Wakefield and Robin McGowan.

Custom tailoring biz InStitchu fields overseas interest; adviser suits up

The menswear brand has hired mid-market boutique advisory firm Tiger & Bear Partners after receiving unsolicited approaches for offshore buyers.

Simon Padovani-Ginies, Group Buying Director, ALDI Australia.

Aldi enters grocery delivery war with DoorDash tie-up

The German discount chain is rolling out delivery in Canberra from Tuesday, taking its battle for market share into the fast-growing online grocery sector.

Club Tattoo, founded in 1995 by Sean Dowdell, operates six locations in
Phoenix and Las Vegas.

Dan Ritchie’s Factory Capital inks deal for US tattoo parlours

The firm used a portion of its $100 million raise to launch Tattoo Partners, a tattoo platform with 11 studios in New York, Miami, Las Vegas, Phoenix and Houston.

Two Svge targets fashion-forward tradies, as well as enthusiasts of motorsports, outdoor living, and country living.

Sunglass brand Two Svge’s founding brothers eye growth partner

Perth-based sunglasses brand Two Svge, popular among fashion-forward tradies on TikTok, has built to $11 million annual earnings in six years.

Most Australians don’t second guess the SPF rating of sunscreens, believing it is a highly regulated figure.

Does Ultra Violette’s sunscreen have an SPF of 61.7 or 4?

From small sample sizes to claims of cash for credibility, clinical beauty testing is under an intense microscope, and billions of dollars are at stake.

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Blue Sky acquired part of a US brewery in 2017. Investors have been stuck in the fund since.

De Angelis family brawls over Sydney pubs empire

The De Angelis family is embroiled in a new legal civil war over control of their Sydney pub empire.

Rafael Avigad at his home in the Perth suburb of Bayswater. He is one of many BYD electric vehicle owners complaining about the brand’s after-sales service, telling the AFR BYD has grown too quickly in Australia for its own good.

BYD sales are booming. So are complaints about their cars

With well-priced vehicles, the Chinese brand is one of the fastest-growing electric car manufacturers in the country. Some buyers have immediate regrets.

Haigh's Chocolates is one of Australia's oldest chocolate manufacturers.

Haigh’s Chocolates promotes CEO from outside the family, ending an era

Australia’s oldest family-owned chocolate retailer has appointed Peter Millard as chief executive.

Linchpin Hospitality chief executive Terry Soukoulis (left) with chef and culinary director George Calombaris.

Celebrity chef George Calombaris can’t escape drama

With his track record at Fair Work, one might think Calombaris would avoid of even a whiff of an unhappy worker.

Domino’s Jack Cowin has called Mick Jagger one of his role models.

Jack Cowin takes control of Domino’s Pizza as CEO makes shock exit

Mark van Dyck’s sudden exit comes after the chief executive made sweeping changes to the business. Shares tanked nearly 20 per cent on Wednesday.

Shock exit at Domino’s delivers a new problem with the lot

Domino’s Pizza’s Jack Cowin is a long-term business accumulator, not seller. Investors should take the hint.

The Queen Victoria Building in the Sydney CBD. Clothing sales powered a slight rise in retail turnover for May.

Markets see signs ‘cost-of-living crisis’ is finally coming to an end

Consumers are “increasingly positive” as household incomes begin to rise and inflation starts to fall, analysts say, in good news for struggling retailers.

Woolworths is making sweeping changes to it supermarkets and food businesses.

Bardwell shakes up Woolworths supermarket management in broad reset

The grocery giant is aiming to streamline operations and elevate fresh foods and own-branded products in a bid to claw back market share from rivals Coles and Aldi.

June

Peter Stevens Motorcycles has found two buyers for part of its business.

Peter Stevens Motorcycles rides another day after being sold to rivals

The retailer of Harley-Davidson, Yamaha, BRP and Ducati fell into administration in May. Motorcycle Holdings and Joe Rascal Group are scooping up dealerships.

Greg Josephson and the house where his body was found.

Universal Store co-founder found dead at party; teen charged

The former director of the ASX-listed youth fashion chain was allegedly murdered by a teenager in Brisbane.

Original URL: https://www.afr.com/companies/retail