Myer can be a $5bn retail power: Inside Lew’s merger vision
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
Two of Australia’s biggest retailers have agreed to a merger as tough retail conditions continue to cut into the sales of both companies.
An iconic Aussie clothing brand is closing its stores after a buyer was unable to be found for the chain, with hundreds to lose their jobs.
Record deliveries from Australia Post in the past two months have revealed some essential truths about the average Aussie shopper and what they want.
Aussies likely to experience high levels of delayed deliveries are being warned to plan ahead if they want their Christmas presents on time.
The popular fast-food chain has announced the major change which will impact multiple stores across the country.
Massive crowds began gathering early, despite the poor weather, with queues down entire streets.
Supermarket giant Woolworths has delivered a huge update in the ongoing strike drama that left customers facing empty shelves.
One of Australia’s biggest unions has responded to orders from a tribunal ordering an end to the “unlawful picketing” of Woolworths, as the grocery giant promises to get its empty shelves restacked.
Australia’s love of gift giving has gone too far, and the unnecessary Christmas extravagance is costing us $1bn, new research reveals.
A generational shift is well under way at Rob Scott’s retailing conglomerate, Wesfarmers, and this opens opportunities for the breakout Anko brand.
A recession gripping Australia’s struggling retail sector is tipped to end – as household confidence grows and consumers look to spend their tax cuts.
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
At least five different products from Woolworths, Aldi and Lindt have become the latest casualties in the ‘shrinkflation epidemic’ plaguing Aussie shoppers.
Original URL: https://www.heraldsun.com.au/business/companies/retail/page/11