Aussie icon collapses into administration
Australia’s first mail-order shoe business has given a sad update after over a century surviving two world wars and the invention of the internet.
Retail
Major Australian retailer collapses
A 100-year-old company that survived two world wars has been taken down by the cost-of-living in 2025.
Easter long weekend trading hours revealed
Here’s what shops are open and shut for the Easter long weekend – just in time for last-minute chocolates and hot cross buns.
Iconic retailer set to close 87 stores
Jeanswest will close down all of its stores in the next six weeks, leaving hundreds out of a job.
Inside Australia’s saddest shopping centre
A sleepy coastal town is set to get the shock of a lifetime, with residents and shop owners fearing chaos.
Grocery item Aussies now refuse to buy
A shopping trolley staple we used to buy without a second thought is now out of reach – while one surprising grocery item is booming.
Aldi urged to open in last Aussie state
The Greens have unveiled a $30m election pitch to lure discount retailers such as Aldi to Australia’s smallest state.
Urgent recall amid risk of ‘serious injury’
Aussies have been told to immediately stop using a popular beverage product sold by major retailers, after one person was left injured.
Surprising beer more Aussies are buying
Australia has a stereotype of being a nation of heavy drinkers, but new information has hinted at a surprising shift happening across the country.
Gen Zers lining up for what used to be normal
A line in Sydney’s trendy Surry Hills has revealed what Gen Zers see as a novelty in 2025 – if you’re older than 30, brace yourself.
Coles ends Little Shop toy collectables
The wildly popular plastic toys will never make a return as the supermarket giant looks to respond to sustainability concerns.
‘Naked’ idea lands $13m Coles, Woolies deal
A Melbourne man is giving people the full drinking experience without the hangover as Aussies become more “sober curious” – and it’s paying off.
Surprising way Dan Murphy’s began
The Melbourne man who created the popular alcohol retailer played a huge part in how Aussies drink, but he almost became a priest instead.
Woolies huge $50m investment in workforce
Tastings, cooking demonstrations and beautiful displays are the future of retail, according to Woolworths, as it trains staff to meet demand.
Woman makes $8m from ‘unreal’ idea
A Brisbane woman‘s “unreal” idea has left her on track to make $8 million this year with her range of sustainable swimwear.
Jeanswest makes $20m move after collapse
Jeanswest will hold a sale of more than 350,000 items of stock from today after the 1990s denim staple went into voluntary administration.
Supermarkets hit back at Albo on prices
Supermarket giants Coles and Woolworths have slammed election pledges from Labor and the Coalition to tackle price gouging.
US trend nobody wants to see down under
A new US dining trend has infiltrated Aussie restaurants and left locals furious. Now, wait staff have hit back at the backlash.
Price gouging to be illegal ‘by end of year’
Laws to make price gouging at supermarkets will go before parliament by “the end of the year” if Labor is elected, its campaign spokesman has declared.
‘Idiotic’: Iconic retailer’s new name slammed
A household name which has been open across the UK for more than 200 years will disappear within months in another sign of retail woes.
Temu reveals major Aussie change
Temu has made a major change for Australians, which could change the way customers use the app.
Salad recall at huge Aussie supermarket
A range of popular food items have been pulled from a huge Aussie supermarket amid contamination concerns.
Retailer collapses owing as much as $58m
The eye-watering debt owed by an iconic fashion brand has been revealed as a court case regarding its collapse was thrown out.
‘Perfect storm’: Real reason Jeanswest failed
The collapse of ’90s denim staple Jeanswest has been blamed on a “perfect storm” of factors wreaking havoc on the fashion sector.
Undercover shoppers expose grocery prices
Undercover shoppers bought groceries across Coles, Aldi and Woolies over nine months to see which one offered the lowest prices. Here are the results.
Major change coming to the local bottle-o
There are big changes coming to Coles’ bottle shops, with its retail liquor outlets across Australia to be rebranded with two big names to disappear.
Iconic Aussie clothes brand collapses
Another large Aussie retailer with staff across the country has gone into administration, with all of its physical stores to close.
Iconic sports brand in big trouble
It wasn’t long ago that everyone wore Nike or Adidas, now some of the world’s most iconic sportswear companies are in big trouble.
Real issue facing supermarkets after probe
Australians have changed the way they shop after the consumer watchdog started an inquiry into the supermarkets.
Key word missing in supermarket probe
A landmark probe into Australia’s supermarket giants made 20 recommendations to improve competition, but did not include one key measure.
‘Power’: Big call on supermarket profits
Australia needs more competition in the supermarket industry to stop customers paying a higher margin on their groceries, an industry expert warns.
‘Like chumps’: Karl erupts on huge report
The Today host has teed off after the long-awaited findings of an inquiry into the supermarket sector was released overnight.
Demand for supermarkets to fix shrinkflation
Woolworths and Coles could be forced to issue new warnings on all products to alert shoppers to a sneaky supermarket practice.
Aussie shopping metric sinks to 10-year low
The cost-of-living crunch has deepened the wealth divide between younger and older Australians, new data shows.
Profit crash hits iconic Aussie brand
Iconic department store Myer has suffered a sharp slump in profits as it struggles to reset its business.
Desperate act by Aussie pub on the brink
An iconic live music venue has been forced to raise funds to keep their doors open with business the “worst it has ever been”.
Grocery prices show Australia has lost it
Australians have labelled the price of every day grocery items in one place “disgraceful” and “greedy”.
Ex-Woolies boss’ surprise new gig
Woolworths’ former chief executive Brad Banducci – who resigned days after storming out of a trainwreck TV interview on the ABC’s Four Corners – has landed a new gig.
‘Un-Australian’: Nation turns on bakery
There are calls to boycott a mining industry veteran’s bakery on the Gold Coast over an alleged “un-Australian” move – but he says they’ve got it all wrong.
Photos back up woman’s claims about Aus
A woman who spent $60 on a prawn entree has declared Australia has a “two-tier economy” – and these Sydney pictures seem to back her up.
Warning about ‘deadly’ homewares product
Consumers have been warned to stop using products sold at a popular discount store after authorities found they could kill people.
Former Woolies CEO lands plum new role
Former Woolworths chief executive Brad Banducci has announced his next career move in a game of executive musical chairs.
‘Not OK’: Aussies turn on each other
A disgusting trend has emerged in the wake of devastating Cyclone Alfred, with some Aussies resorting to seriously low acts.
Outrage as MAGA owner reopens cafe
A Sydney cafe owner who closed his business after a series of online controversies in 2020 has asked the community for “forgiveness” as he opens a new venue in a shock location.
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.
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.
Original URL: https://www.news.com.au/finance/business/retail