RCG cuts profit guidance 11pc as footwear sales soften
Footwear retailer RCG Crop has slashed full-year profit guidance by 11 per cent - the second downgrade in three months - after soft sales of brands such as Skechers, Vans and Doc Martens.
- by Sue Mitchell
Latest
Temple & Webster loss blows out to $44m
Online furniture retailer Temple & Webster's loss was more than double what was forecast in its prospectus.
- by Sue Mitchell
Coca-Cola Amatil profit up as water sales offset weak soft drink demand
Coca-Cola Amatil's profits are up after higher sales of bottled water offset weak demand for fizzy drinks.
- by Sue Mitchell
JB Hi-Fi profit surges in wake of Dick Smith demise
JB Hi-Fi's net profit rose a better than expected 11.5 per cent to $152.2 million in 2016, underpinned by robust demand for consumer electronics and market share gains in the wake of the collapse of Dick Smith.
- by Sue Mitchell
The Athlete's Foot owner bulks up with Hype buy
Fifteen months after its transformative $200 million acquisition of Accent Group, RCG has agreed to pay as much as $105 million for Hype DC.
- by Sue Mitchell
The online grocers solving the dinner dilemma
Innovative web-based grocers are stealing a march on the major supermarket chains in the $1.8 billion online grocery market.
- by Sue Mitchell
Online retailer Kogan.com's IPO 'different to the others', says founder Ruslan Kogan
Ruslan Kogan has distanced Kogan.com from recent e-commerce sharemarket flops.
- by Sue Mitchell
SurfStitch appoints new CEO, flags $18 million loss
SurfStitch's new chief executive, Mike Sonand, has promised to restore profitability next year.
- by Sue Mitchell
Retailers embrace digital ahead of 'millennial tsunami'
New technology gives retailers unprecedented information about consumer shopping habits, even those of fickle millennials.
- by Sue Mitchell
Greencross doubles down on retail as bidders back off
Greencross is aiming to grab a bigger share of the $7.2 billion petcare market after sending its private equity suitors packing.
- by Sue Mitchell
Kathmandu takes legal action to recover Briscoe Group takeover costs
Adventure wear retailer Kathmandu has taken the unusual step of launching legal action against New Zealand retailer Rod Duke's Briscoe Group to recover costs incurred defending a failed $324 million takeover attempt.
- by Sue Mitchell
Original URL: https://www.brisbanetimes.com.au/by/sue-mitchell-j7gdb