ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
Retail
Shock as beloved Aussie restaurant collapses
One of the country’s top Japanese restaurants has officially gone into liquidation less than two weeks after sacking 100 staff via email.
Major shift to Aussie spending in 2024
The way Aussies spend their money is set for a major shift in 2024 which could spell trouble for restaurants and travel operators.
Shock as major retail store forced to close
An increase in operating expenses has forced a major retail outlet in Melbourne’s Docklands shopping precinct to close.
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Why shoppers will face grocery bill pain
Australia’s major supermarkets have revealed the reasons grocery bills will become more expensive over the next few months.
Coles plan to tackle rising prices
The supermarket giant said the possible invasion of Ukraine and Russia and other factors could result in price rises, but there are goals to keep bargain hunters happy.
Outrage over popular Bunnings product
Bunnings is under pressure to pull a popular product from its shelves as public outrage grows for one reason.
Coles upbeat as economy reopens
Keeping its stores Covid-safe cost $30m in January alone as Omicron spread, but Coles expects sales to rise as the economy opens up and consumers learn to live with Covid.
What Coles shoppers will see more of
Coles is set to benefit from bargain-hunting shoppers as the supermarket giant rolls out more and more own-brand products, experts say.
Amazon’s Australian revenue nears $2bn
Amazon’s revenue in Australia is racing towards the $2bn mark after accelerating through Covid-19 lockdowns.
‘Untenable’: Pay-as-you-feel restaurant closes
Pay-as-you-feel social enterprise Lentil As Anything will soon shut the doors of its three Melbourne restaurants, blaming these reasons.
Casino mega-merger all but snuffed out
A merger between two of Australia’s most powerful gambling companies looks increasingly unlikely after a comment made during an earnings call on Thursday.
Price rises ‘a last resort’ for Kmart owner
One of Australia’s biggest retail stables has revealed just how badly it was affected by coronavirus lockdowns and supply chain woes.
Genius way Bunnings scares off shoplifters
A former Bunnings employee has revealed the secret behind the methods and tactics they deter people from shoplifting.
Original URL: https://www.heraldsun.com.au/business/companies/retail/page/196