Aussies urged to avoid $1bn Christmas trap
Australia’s love of gift giving has gone too far, and the unnecessary Christmas extravagance is costing us $1bn, new research reveals.
Retail
Sign Aussie recession tipped to end
A recession gripping Australia’s struggling retail sector is tipped to end – as household confidence grows and consumers look to spend their tax cuts.
Surprise reason for Aussie spending jump
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.
Shrinkflation hits festive treats
At least five different products from Woolworths, Aldi and Lindt have become the latest casualties in the ‘shrinkflation epidemic’ plaguing Aussie shoppers.
Worrying sign weeks before Christmas
A photo has highlighted a concerning issue just weeks out from Christmas.
Bunnings pulls item over ‘biosecurity threat’
Bunnings has pulled a popular item from its shelves after an eagle-eyed shopper raised questions about its unusual contents.
Most trusted Aussie brands revealed
Despite using privacy-invading facial recognition cameras, a major retailer has held its spot as the No.1 most trusted Australian brand.
Woolworths reveals cost of strike action
Australia’s largest retailer has revealed the staggering cost of industrial action by the United Workers Union at its distribution centres.
Multicultural makeover for iconic Aussie event
An iconic sporting event will look and feel like the true modern Australia, with festivities receiving investment from one state government.
Supermarket launches huge $2m giveaway
Thousands of shoppers will be in the running to win up to $100 off their next shop as part of an instant win giveaway in the lead-up to the festive season.
‘Heavy hearts’: Iconic Aussie chain folds
A popular burger chain has become just the latest Australian business to go under, with the owners revealing the sad reason for the decision.
Major vodka maker goes bankrupt
The US vodka arm of Stoli Group has filed for bankruptcy as the company faces ‘significant balance sheet and liquidity challenges’.
Aussie retailer makes sad announcement
An Aussie gourmet food retailer featured on MasterChef has made a shock announcement about its future after decades in operation.
Pub giant’s Australia Day backflip
A major Australian pub owner had decided to ban Australia Day celebrations in its venues because it “causes sadness” for staff.
Proof Aussies have thrown off shackles
The doom and gloom for Aussie retailers seems to have subsided – and that was even before an expected bumper Black Friday sales.
Couple find out they’re ‘cancelled’ on weekend
Aussie business owners Jase and Ash were minding their own business when they got a phone call that led to a horrible 48 hours.
Major update in Woolworths strike
There’s been major development after thousands of Woolworths distribution centre workers went on strike, leaving supermarket shelves looking thin ahead of Christmas.
Bad news for Aussie coffee drinkers
Cafe-goers are set to be hit with further price hikes on their daily coffees, but what’s the cause?
Big change for home delivery favourite
Woolworths and Endeavour Groups have moved its alcohol delivery service Jimmy Brings to the online grocery delivery app Milkrun.
Aussies’ shock at ‘iconic’ magazine’s return
Aussies have expressed their excitement at the return of “an icon of the publishing world” – for one day only.
Major Aussie food company collapses
A major Australian food company will end production this week, leaving farmers who are owed millions in the lurch.
Aussies to spend $7.5bn on Black Friday
Aussies looking to snap up a bargain before Christmas will be hitting the Black Friday sales hard, with the average person expected to spend $722 on average.
Huge fine to stop supermarket price gouging
Australia’s major supermarkets could face at least a $10m fine if they are sprung breaching a new mandatory code in a bid to make things fairer for farmers and families.
Pleas to RBA to ignore Black Friday boom
Black Friday is tipped to be one of the best sales events on record, but a leading economist warns it is not a sign that household pressures are easing.
New celebrity couple seen lingerie shopping
A new celebrity couple has been spotted and the pair seem very loved-up.
Aus clothing empire collapses owing $250m
A huge Australian clothing conglomerate is in voluntary administration, owing nearly $250m.
Scam warning ahead of Black Friday sales
Australia Post says consumers need to be on guard for scams as Black Friday sales ramp up and criminals target unsuspecting victims.
‘Disgusting’ Aldi offer to Jewish manager
An Aldi store manager who was suspended after employees alleged he made a series of vile racist and homophobic remarks has been offered to keep his job.
Supermarket giant grilled on vacant land
One of Australia’s two supermarket giants has denied it is sitting on unused land in one capital city to stop any competitors opening up.
Aussies set to pay more for stamps
With less and less Aussies sending letters by mail, Australia Post is hoping to increase stamp prices in an effort to curb its financial losses.
Trick to get the best Black Friday discounts
A sales expert has shared her tips on how you can get the most out of the once-a-year epic sale event.
Woolies staff strikes to cause Xmas chaos
Workers at four Woolworths warehouses have walked off the job over pay disputes, which could lead to major supply issues in the lead-up to Christmas.
‘Bare shelves’ threat over Woolies strike
More than 1500 Woolworths warehouse workers will walk off the job on Thursday over a pay dispute, threatening bare shelves for shoppers.
‘Worried’: Biggest threat to Coles, Woolies
The chief executive of a supermarket giant has admitted she is “worried” about a US company as more and more Aussies hunt for better prices.
Bleak warning to Black Friday shoppers
Aussie consumers are urged to stay vigilant when shopping online over the upcoming festive sales period to avoid being scammed.
Major ruling on Bunnings cameras
Cameras capturing the faces of shoppers at one of Australia’s biggest retailers breached privacy laws, the Privacy Commissioner has ruled.
Aussies to drop record amount in four days
After another year battling the cost-of-living crisis, consumers are expected to spend a record amount of cash across a weekend stacked with sales.
‘Fiercely competitive’: Woolies boss’ claim
The boss of one half of Australia’s supermarket duopoly has made a curious comment on competition in the sector under questioning from the consumer watchdog.
Aussies left with nothing in $3.2m collapse
A company which collapsed with millions in debt is now under investigation by a consumer affairs body.
Simple hack to prepare for Christmas lunch
Cost-of-living threatens to blow out the cost of Christmas lunch for lots of Aussies, but one retailer reckons there’s an easy way to space out spending for the big day.
Protesters target Myer Christmas tradition
A Christmas tradition typically attended by families and scaled back following backlash has been targeted by protesters who said they “look stupid”.
If you pay for this, you’re a ‘sucker’
An economist has lifted the lid on an extremely sneaky tactic the supermarket giants are using to manipulate us – and line their pockets.
Class action filed against Coles, Woolies
Legal papers have officially been filed against Coles and Woolworths on behalf of consumers in relation to alleged dodgy sale prices.
Chocolates pulled from Aussie shelves
A favourite chocolate treat many families enjoy at Christmas has been discontinued.
Coles’ big change to way Aussies shop
In an Australian first, Coles has revealed it will launch a trial of AI-powered trolleys that scan and track products in real time.
‘Shocked me’: 2005 receipt you have to see
An Aussie mum has revealed the old receipt she found and the “crazy” 2024 reality it exposes.
Reason young workers miss out on $10k
An old law is costing Australian workers about $10,000 in superannuation by the time they retire, according to a peak body.
Coles worker’s astonishing claim goes viral
An anonymous Coles worker has accused the supermarket giant of “gaslighting” its customers after a shopper slammed the price of a popular sweet snack.
Aussie coffee war erupts over jar detail
A major legal fight has erupted between Aussie coffee brand Vittoria and the second largest coffee company in the world, all over a single detail in the company’s instant coffee glass jar packaging.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Huge change at pizza giant announced
The popular fast food chain made a big announcement on Tuesday that could reshape the pizza maker for years to come.
How Lego passion became $12m business
An Aussie entrepreneur has revealed the argument that gave him the inspiration for his $12m business, marking the “only time” his wife was wrong.
Jewish Aldi manager denies shocking claims
Nikita Potapov says a staff member first mentioned what he was wearing earlier this year. Months later, Aldi ordered him to hand in his keys.
Warning to shoppers ahead of Black Friday
Shoppers have been warned to be alert for scams ahead of the annual Black Friday and Cyber Monday sales.
Profit not a ‘dirty word’: Bunnings boss
The chairman of the retail giant that owns Bunnings and Kmart has defended big business and hit out at ‘political leaders of all persuasions’.
Uproar over popular Woolies product
Concerned Woolworths shareholders dominated the annual general meeting with debate about one of the store’s very popular products.
‘Not perfect’: Woolies hits back at fake claims
Woolworths Group has railed against allegations it deceived customers with false discounts on specially-marked products.
Grim warning for Australian economy
Stage 3 tax cuts and wage growth have only marginally lifted retail sales in Australia, sparking this warning.
‘Cross-shopping’ trend taking over Australia
Australians are finding new ways to save at the checkout, with more hunting around for the cheapest prices.
Woolies’ surprise call on bottom line
Australia’s largest supermarket says cost-of-living pressures are weighing on its bottom line as it announced a surprising profit warning.
ASX edges higher for 3rd straight day
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
Surprise reason for wild restaurant line
Hungry lunchtime shoppers have been spotted queuing down the street for an unusual promotion in the CBD of one of Australia’s biggest cities.
Major change coming to iconic brands
A retail giant is shaking up the fashion scene by acquiring five major brands and adding more than 700 stores to its portfolio.
Nando’s Australia set to change forever
A popular fast-food chicken chain has just opened a new “elevated” dining experience as part of a company refresh to grow and capture more hungry Aussies.
Major Aussie fashion retailer goes bust
A major ASX-listed retailer that owns iconic brands such as Katies, Rivers and Millers has gone into voluntary administration.
Surprise surge in Aussie cash use
Amid rampant bank branch and ATM closures, new figures have revealed a surprising turn in the use of cash across Australia.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
‘Put on notice’: Stark warning to retailers
Businesses will need to pay a new annual fee as part of new changes to legislation.
‘Too far’: Shoppers rage over Target scene
Target stores in the US have become near “impossible” to shop at after implementing a confronting tactic to combat theft. Here’s why Aussies should be concerned.
Iconic Aussie retailer collapses after 39 years
The retailer had been in operation for 39 years with outstanding debt owed to some big fashion names.
Telstra’s $5.4 million move for Aussies
Telstra will give up to six months of free prepaid credit to one group of Australians in a bid to help ease cost of living pressures.
Aussies slugged online with this hidden fee
Australians shopping globally online are being charged a hidden fee, leading to calls for the Albanese government to extend its action on dodgy practices.
‘Sad’: Elite suburb ‘ruined’, locals furious
Residents of an affluent Sydney suburb have been left outraged by the closure of a vital service to make way for yet more “luxury apartments”.
Major Aussie food supplier collapses
Fears were held that customers could face food shortages of the products and perishable goods were at risk.
Cash-strapped Aussies rage at supermarkets
Australians have pointed the finger at supermarkets for being “public enemy number one” amid a cost-of-living crisis, new research has revealed.
Plan for major change to supermarkets
One of the biggest companies in the world has unveiled a plan that could completely overhaul the way we complete our weekly grocery shop.
Next indignity for Coles, Woolies
Woolies and Coles have copped heat on various fronts, including being sued by the ACCC, and now a class action lawyer says this should happen.
Huge change coming to pharmacy giant
There’s a big change coming to pharmacy giant Chemist Warehouse and it could save customers a lot of money.
‘Risk of death’: Grim call on Temu items
Toys from a cheap overseas retailer can quickly turn deadly for children, a consumer group has found.
‘Fiddling’: Surcharge crackdown lashed
A crackdown on card surcharges has been criticised as “fiddling around the edges while Rome burns”.
Original URL: https://www.news.com.au/finance/business/retail/page/2