Yesterday
- Opinion
- Chanticleer
Why Myer’s big deal with Premier is not a get-out-of-jail-free card
Big is one thing, better is another entirely. What is Myer buying in Premier Investments’ apparel brands?
- Anthony Macdonald
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.
- Carrie LaFrenz
This Month
Cost-of-living crunch leaves shoppers buying ‘an item not an outfit’
Retailers are banking on interest rate cuts and election promises to boost consumer spending, but experts warn the benefits may take time to filter through.
- Michelle Bowes
What crisis? Millennial nostalgia fuels rush for $7050 handbags
The limited-edition designer goods market is in rude health as a Louis Vuitton collection nears sellout in Australia.
- Michelle Bowes
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?
- Carrie LaFrenz
PE giant pulls $800m bid for owner of Chargrill Charlie’s, Oporto
Affinity Equity Partners has walked away from the deal to buy Craveable Brands, which it struck in October. The business also owns the Red Rooster brand.
- Kanika Sood
The return of fishing is big business for Aussie retailers
No longer just a hobby for beer-guzzling blokes’ trips, fishing is having a moment with Australian families.
- James Hall
December 2024
Retailers buoyed as shoppers swarm Boxing Day sales
Customers are also predicted to splash out a further $2.4 billion during the last days of December, research shows.
- Updated
- Adrian Black
I’ve seen Amazon’s drone delivery future. The public may hate it
A visit to the e-commerce giant’s overhauled delivery program in Arizona left me impressed but sceptical that the public will welcome the flying machines.
- Kevin Roose
24 hours in Chadstone: a postcard from Melbourne’s shopping temple
I spent a night in the mega mall in the week before Christmas, and even a bloated Victorian budget couldn’t spoil the mood.
- Gus McCubbing
- 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.
- Carrie LaFrenz
- Exclusive
- Shopping centres
Dexus’ own shopping centre fund vetoes $450m Melbourne mall purchase
The unusual situation has left one of the country’s largest real estate owners scrambling to find a way to finalise the acquisition of the Woodgrove mall.
- Campbell Kwan
The seafood trend challenging prawns this Christmas
Sashimi is proving a new popular alternative on Australian holiday platters this year, though one traditional English product remains king.
- Tom Rabe
US November retail sales rev higher on new motor vehicles
Retail sales jumped 0.7 per cent last month, more than expected, and October’s sales were revised higher, consistent with the economy’s underlying momentum.
- Lucia Mutikani
- Updated
- Myer
Myer’s mega-expansion guards against Temu and Shein threat: expert
The independent assessors of the retailer’s proposed purchase of five Premier Investments chains say scale is needed to compete against cheap global giants.
- Updated
- Simon Evans
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.
- Simon Evans and Carrie LaFrenz
- Exclusive
- Kogan.com
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.
- Carrie LaFrenz
- Exclusive
- Wesfarmers
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.
- Carrie LaFrenz
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.
- Carrie LaFrenz and Max Mason
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.
- Carrie LaFrenz