250 jobs lost, 51 stores shut as brand folds
The retail chain suddenly collapsed and now liquidators have revealed what’s next for the embattled chain.
Retail
Cult beauty store’s ‘next-level’ vow
Cult online retailer Adore Beauty is opening its second-ever brick and mortar shop tomorrow, promising customers a ‘next-level’ experience.
Products seized from Panda Mart shelves
A public warning has been issued after thousands of products were seized from the popular Melbourne retailer that sells cheap toys, homewares and beauty products.
‘Broken up’: Wild price gouging penalty
Aussie grocery giants face being broken up or paying hefty fines for price gouging under a wild election proposal from one party.
One thing driving retail sales in January
Australia’s love of sport has helped lift consumer spending for January as cost-of-living pressures ease.
‘Crisis’: Deadly new Aussie gang war explodes
Local retailers who refuse to sell $15 illegal cigarettes have blamed the federal government for fuelling the black market.
Shop shelves emptied as cyclone looms
Supermarket shelves carrying one Aussie staple have been stripped bare amid forecasts of Tropical Cyclone Alfred crossing the east coast.
1000 jobs on line as huge brand folds
Another retailer with stores across Australia has gone under and more than 1000 jobs are impacted.
Urgent warning on fake concert tickets
Ticketek has issued an urgent warning on third party ticket reselling sites after fans turned up to major events only to find they had fake tickets.
Good news for collapsed retailer’s workers
The federal government will grant early access to money and entitlements owed to thousands of employees of a fashion retail giant that has gone bust.
‘Astonishing’ downfall of legendary brand
One of the country’s most popular fast food chains is now in crisis mode thanks to a series of truly astonishing fails and blunders.
Why Starbucks is in trouble in Australia
Struggling American coffee giant Starbucks is slashing jobs and cutting back its “complex” drinks menu as it battles falling sales.
Major Aussie CEO dies suddenly
Jewellery retailer Michael Hill has announced the sudden death of its Chief Executive Officer on Wednesday.
Eye-watering amount owed by Aussie retailer
A final nail has been driven into an Australian retail giant’s coffin, as those tasked with combing through the books tally a staggering amount of debt.
Woolies reveals shock cost of strikes
Woolworths has been counting the cost of industrial action, which took a dent out of the supermarket behemoth’s bottom line.
Grim update for Domino’s amid store closures
Domino’s Pizza has swung to a loss in the first half of the year as the pizza maker announces plans to simplify the business.
Lucky lotto winner yet to claim $3.3m
An Aussie newsagency is urging Saturday Lotto entrants to check their tickets, with one mystery NSW local yet to claim their $3.3m prize.
Woolies to release collab with US giant
Woolworths has joined forces with a world-famous dessert chain to bring Aussies a very special treat.
Telco misleads 9k customers over NBN speeds
Telstra downgraded the upload speeds for thousands of its Belong NBN customers without telling them or lowering the price.
Demand to Dutton on penalty rates
A major union is calling on the Coalition to pledge support for retail workers’ penalty rates ahead of a Fair Work fight.
Aussie food chain reveals surprise best seller
A fast-growing Australian food chain has revealed its best selling item as it announced a $7.3 million profit for the first half of this financial year.
Watchdog’s warning to big supermarkets
Australia’s consumer watchdog says customers’ concerns in the supermarket and retail sector remain a key priority in the year ahead.
Another farm infected with bird flu
Avian flu, the virus that left supermarket shelves empty in 2024, has spread at a third poultry farm in Victoria this month alone.
Stores cash-strapped Aussies are still visiting
Figures from one of Australia’s largest retailers show Aussies are still finding room in their budgets to shop despite cost-of-living pressures.
Big change to shopping habit revealed
The cost-of-living crunch has seen Australians shopping for cheaper items.
Act that hurt Keno owner’s bottom line
Less people are gambling on lotteries, and a move introduced on one of Australia’s most popular games has hurt one company’s bottom line.
Big update at major Australian retailer
One of Australia’s largest retail chains has warned customers of a key update to a major returns scheme at a local Sydney branch.
Cult beauty brand reveals huge plans
Cult online beauty retailer Adore Beauty is riding a lift in revenues as it begins rolling out a bold plan to open more than 25 brick-and-mortar stores across Australia.
‘Knew it would happen’: Shelves stripped bare
Eerie images have been posted on social media of empty supermarket shelves in one state, and it’s not hard to see why.
Loophole costing Aussies at the checkout
Consumers are regularly paying more than they should to use their own money with a debit card, but current laws render the consumer watchdog useless to investigate.
Iconic fish market hits back at collapse claim
An iconic Aussie fish market has hit back at stark claims it could be falling into insolvency, stating bluntly it is ‘business as usual’.
Egg shortage rocks Aussie supermarkets
Aussie supermarkets are being rocked by a shortage of a common dairy staple – blamed on high demand and flow-on from a devastating disease.
‘They’re a**holes’: Huge rates hike slammed
Business owners have slammed council over the decision to increase rates by a whopping 87 per cent following a fiery meeting on Monday night.
Call for alcohol delivery curfew
Following the death of a 30-year-old from alcohol poisoning, a coroner is calling for curfews for booze home delivery.
Insane reason for sign outside Aussie home
More than 100 strangers have shown up at a couple’s front door, forcing the residents to erect a sign turning them away, after a shocking scam.
‘Stupid’: CEOs ’monumentally out of touch’
A union boss has come out swinging following reports some of Australia’s richest people want to cut penalty rates.
Woolies ends full-time WFH for 10,000
One of the nation’s biggest employers has made the call to drag some 10,000 of its workers back into the office.
‘Smashed it’: JB Hi-Fi’s $5.7bn boom
Figures from one of Australia’s major retailers show shoppers have found room in their budgets despite cost-of-living pressures.
Issue in Aussie surf brand collapse
The business behind two Australian surfwear brands has applied for bankruptcy in the US, with more than 100 stores to close, as a mogul reveals their key mistake.
‘Double dipping’: $7m family feud explodes
A $7 million feud between two cousins has exploded in the Supreme Court, with their once close relationship souring amid the fight over their fashion empire.
Urgent recall after sofa caught fire
A reclining armchair has been recalled by authorities after a sofa overheated from an electrical default and caught fire.
Buy Now Pay Later to face harsh regulations
New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers.
Dominos to shut down 200 stores
Domino’s Pizza said the closures would save the company approximately $15.5 million.
Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
Supermarket giant’s move in Australia
A US retail giant is bringing in a major change for Aussie customers – including non-members – that has been hailed a “game-changer”.
Major turnaround in Aussie habit
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
How Temu took down Aussie pioneer
International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.
3000 lose jobs as fashion giant collapses
The final two brands in the Mosaic Brands fold will be shut down after its receivers were unable to find a new buyer, leaving thousands without a job.
Coles, Woolies push to scrap penalty rates
The supermarket giants have been criticised after joining forces with other retailers to push for a change in minimum conditions for retail workers.
Aussie economy’s major breakthrough
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
‘Totally gross’: Bare act divides Bondi goers
There’s one act that Aussies just can’t agree on, with some branding it “gross” and others saying it’s not that bad – so we hit the streets of Bondi to get answers.
‘Ripped off’: 36yo fumes over ‘dupe’ product
A successful Aussie business owner has been left fuming after seeing something on social media that made her feel “ripped off”.
‘Back on track’: Dutton’s new ad pledge
Opposition Leader Peter Dutton has attempted to show off a softer side to his political personality by debuting a new ad where he promises to get Australia “back on track”.
‘So unrealistic’: 2025 boob debate erupts
An Aussie ad with a popular influencer has been slammed as “unrealistic” by people online for one very judgmental reason.
Fury over $3.5k toy taking over rich suburbs
It’s the new phenomenon that’s drawing attention to a wealth divide in some of the nation’s wealthiest suburbs – and splitting Aussies right down the middle.
What’s open this Aus Day long weekend
Whatever your shopping needs may be this Australia Day long weekend, this is your full guide to Aussie retailers’ trading hours.
Hundreds of thousands of chickens put down
A devastating strain of avian flu has seen hundreds of thousands of chickens put down.
How $900m deal could turn Myer around
Two of Australia’s biggest retailers have agreed to a merger as tough retail conditions continue to cut into the sales of both companies.
650 jobs to go as iconic Aussie brand axed
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.
Truth about Aussie shoppers revealed
Record deliveries from Australia Post in the past two months have revealed some essential truths about the average Aussie shopper and what they want.
Coles drops huge new collectable range
Coles has launched a huge new collectable range from one of the most iconic book and film series of all time – with a nostalgic 90’s twist.
Maccas staff claim breaks, water denied
An Aussie McDonald’s restaurant is the subject of a complaint from staff who claim they were denied bathroom breaks and water during their shifts.
Major update for Catch mobile users
Here’s what the impending closure of online retailer Catch means for customers using the Catch Connect mobile network.
State’s push for fuel price cap
One Aussie state is pushing for a major shakeup to pricing at the bowser – including 24-hour caps on fuel prices and mandatory reporting from retailers.
TikTok-famous mug recalled over major defect
A popular travel mug made famous on TikTok is being recalled over a major safety issue that could leave users with serious burns.
Huge problem facing fast-food giant
Experts say the US brand will be facing an uphill battle as it tries to crack the Australian fast-food market.
Gerry Harvey’s big call on Temu
One of Australia’s high profile retail billionaires has called for a “government inquiry” into discount Chinese online retailers Shein and Temu.
‘Do nothing’: 25yo exposes huge Coles truth
The supermarket giant made headlines this week after banning an everyday item from stores. But there’s a lot more to the story.
‘Skin melted’: Temu recalls hooded blanket
Retail giant Temu has recalled a popular children’s garment after it caught fire, leaving an eight-year-old girl badly burned.
Coles’ huge move after worker stabbed
Coles has reacted to a worker allegedly being stabbed by a 13-year-old boy inside one of its supermarkets with this nationwide move.
New contender in Aussie fast-food wars
Missing for more than a generation, an iconic US fast-food outlet opens in Australia again this week, adding a new contender to the fast-food wars.
‘Yuck’: CEO’s see-through dress shocks
A young rich lister and successful Australian CEO has shared a video of the moment that she was “humbled” by her mum.
‘Shocking’: 27yo fed-up with ‘fat’ Aus norm
A young Aussie has revealed her grim shopping experience that left her asking a very sad question.
Man’s shock over ‘white’ policy at Aus store
A young woman is going viral for sharing the moment a man took issue with her bookstore and decided to confront her over one specific policy.
Budget retailer to make huge change
Bargain Chinese retailer Temu is working with the Australian consumer watchdog to make changes to its product lines.
‘Think we’re stupid’: Major brand under fire
A popular Australian influencer has taken aim at a beauty retail giant, slamming the brand over its new ‘50 cent’ makeup claim.
Reason behind retail boom revealed
Retailers have received a temporary bump during Black Friday sales, official figures show.
Woolies responds after product backlash
A small detail spotted on a Woolworths shelf in Sydney’s north raised eyebrows, prompting a response from the supermarket giant.
Cost of Aussies’ 2025 grocery shop revealed
Just how much extra Aussie families will pay to put food on the table this year has been revealed as cost-of-living pressures continue to bite.
Retailer returns a year after collapse
An iconic Australian retailer is making a sweeping comeback, one year after the business announced its collapse.
Original URL: https://www.news.com.au/finance/business/retail