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.
Retail
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”.
‘Cultural appropriation’: TV pitch turns ugly
A Shark Tank-style reality TV show found itself embroiled in a bitter race row after a pair of entrepeneurs pitched their version of a popular Asian drink.
Small town’s ‘up yours’ to fast-food chains
A small South Australian town is pushing back against the introduction of fast-food chains near schools.
Price of Christmas favourite set to soar
The price of this Christmas specialty is set to soar, with experts warning it could be the last chance for Australians to buy it cheap.
TimTam question Coles, Woolies can’t answer
Coles and Woolworths senior executives have dodged questions on why a packet of TimTams is cheaper in the UK than it is in Australia.
Aussies revolt as classic word offends
It’s as Aussie as meat pies and the Harbour Bridge – but this iconic phrase is now at risk after being branded “unprofessional”.
Aussie shares rise on Wall St rebound
Aussie shares crept higher on Wednesday on the back of a Wall St rebound, despite a sharp sell off in heavyweight mining and energy stocks.
Sign business spirits have lifted
One of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
‘Sadness’: Popular gym to close after 20 years
A popular Fitness First will close after the chain failed to secure a lease, saying it is “disappointed” with the decision.
Make or break: Desperate plea for rate cut
Retailers slammed by a slow economy are begging the RBA to cut rates before an “invaluable” six-week pre-Christmas trading period.
Full list of what’s open this long weekend
With millions of Aussies enjoying a public holiday this coming Monday, here’s what stores are staying open in each state, and which ones are remaining closed.
Hilarous fail behind US panic-buying frenzy
Supermarket shelves are being stripped bare across the US amid fears a port strike could cripple supply chains – and there’s one product everyone’s racing to buy.
Fresh blow for Coles, Woolies over discounts
Coles and Woolworths are facing a new class action headache over allegations they promoted specially-marked products with false discounts.
Single pic proves WFH is dead in the water
In the heart of Sydney’s bustling financial district, a surprising storefront has popped up. Here’s why office workers fear it’s the death knell for WFH.
‘Tough cop’: Albo’s ‘shrinkflation’ crackdown
A new phase of the supermarket crackdown is about to be rolled out, with Anthony Albanese saying Australians need “a tough cop on the beat”.
Iconic Aussie food brand reveals next move
An iconic Aussie brand has revealed a major merger with two other companies as it plans its next move.
US founder weighs in on Aussie ‘cookie scam’
The founder of the real Crumbl Cookies has hinted at an exciting update for Australian fans after a ‘scam’ pop-up emerged in Sydney.
Coles store evacuated as toilet paper set on fire
Shoppers and staff at a major supermarket were forced to evacuate when an arsonist targeted the toilet paper section of the store.
Major retailer in trouble, axes 200 stores
The well known retailer is axing some of its most recognisable brands as it tries to deal with a financial fallout.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
Surprise reason for Aussies’ spending
August’s retail trade figures have revealed higher-than-expected growth, with experts putting it down to one surprising factor.
Twist in supermarket crackdown
A major crackdown on supermarket practices is underway, but a key element could be easier said than done.
‘Furious’: Hip suburb erupts at KFC move
Legendary fast-food icon KFC has been approved for one of Australia’s multicultural jewels, and some locals are not happy.
Wine company’s plan to take on retailers
A leading Aussie wine company has unveiled how it is taking on what they have called “misleading” conduct by retailers that leaves makers “squeezed more than the grapes”.
Shopping habit making Aussies pay more
Aussie shoppers tend to stick to one major grocery store, instead of shopping around based on price, with the act increasing the market share of major players.
’Treated as fools’: PM’s take on grocery prices
The Prime Minister says “customers don’t deserve to be treated as fools” after the findings of the largest supermarket inquiry in 15 years.
ACCC whacks energy giant with $14m fine
A corporate giant has copped a $14m fine for misleading customers over prices.
Aussie shares snap three-day losing streak
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
Major company collapses after 34 years
Another player in Australia’s food industry, which was a recognisable brand, has gone bust with 60 jobs at risk.
What’s on in Melbourne this Friday
If you manage to dodge the supermarket rush this Friday public holiday in Melbourne, there is plenty to see and do around the city.
Cheapest basket of groceries in Oz revealed
A quarterly report into grocery prices has compared the cost of a basket of groceries from Coles, Woolworths, Aldi and IGA, with one chain clearly cheaper.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Simple change coming to Coles stores
The company will conduct the eight-week trial at five stores across the country.
‘Dumb’: Dick Smith’s brutal snipe at Australia
Businessman Dick Smith labelled Australia as “dumb” for not following China’s lead as it ramps up its nuclear infrastructure.
Big fine threat to supermarket giants
Prime Minister Anthony Albanese warned supermarket giants to “get your act together,” after they were accused by the consumer watchdog of price gouging.
Major Australian food company collapses
A major Australian food producer, which was once worth $130 million, has gone under.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
‘Fools’: Albo hits out at Coles, Woolies
Prime Minister Anthony Albanese says supermarket customers “don’t deserve to be treated as fools” as Woolies and Coles are called out.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
New work trend taking off in Australia
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
Much-loved Aussie company’s sad collapse
The owner of an Australian meal delivery service has revealed her business has ceased operations immediately.
Bold plan to change Woolies, Big W forever
An investor has proposed a way for Woolworths to increase profits, claiming they should be performing better than Coles.
Major Aus retailer sued over ‘junk’ warranties
Major Aussie retailer Harvey Norman is facing a class-action lawsuit over allegations it sold extended warranties to customers on products that turned out to be “junk”.
Popular Flybuys program to shut down
A popular New Zealand customer loyalty scheme has announced it will shut down at the end of the year – after almost 30 years of operation.
Household name brand files for bankruptcy
An iconic brand which became a household name across Australia and the rest of the world has filed for bankruptcy, citing declining sales.
Big change to Aussie ice-cream favourite
A legendary ice-cream maker has launched a new creation to its beloved stable of treats just in time for the warmer weather.
Major metro shopping centre evacuated
A busy metro shopping centre was evacuated and the riot squad stepped in after a suspicious item was found.
Reason for strange smell in bottled water
Smelly bottles of water with an odd taste were sold at a Woolworths store were likely caused by a damaged pipe where the product was manufactured.
Aussie crisis drives job loss fears
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
Aussie retail boss suddenly sacked
The managing director of a major Aussie retailer has been sacked by the business’s board for serious misconduct.
‘Fake’: Fury as ‘toxic’ company collapses
An employee at a collapsed retailer has lifted the lid on the “toxic” work environment in the lead up to the company’s demise.
Boss’ text leaked as hospo empire on brink
The text message of an embattled hospitality boss has been leaked amid revelations which have rocked his staff.
US supermarket scene will stun Aussies
It looks like an ordinary photo of a packed supermarket in the heart of NYC. But one hidden detail will stun Aussies who do their grocery shopping at Coles and Woolies.
Aussie’s fury as Temu knocks off her designs
An Australian graphic designer was left stunned when she discovered an online shopping giant was selling items eerily similar to her own.
Major change for iconic cafe chain
A popular cafe chain has announced a major change favoured by customers that will also provide a “safer environment for our staff”.
Aussie coffee shop giant goes cashless
A beloved cafe chain has made a controversial move to “create a safer environment” for staff and serve customers “more efficiently”.
Popular restaurant on brink of collapse
A famous seafood restaurant is at risk of closure while the boss has been linked to several other massive business collapses.
$13m great white shark company collapses
An Australian company that profited off protecting its users from savage shark attacks has gone bust.
Iconic Aussie brewery makes sad call
A beloved Aussie pub in the heart of Sydney has shut down, adding to a growing pile of defunct brewers across the nation.
Why lower quality meat cuts could hit millions
Australians could be in for a spate of lower quality meat cuts on supermarket shelves after one state was hit with a dry, cold winter, with crops suffering as a result.
Original URL: https://www.news.com.au/finance/business/retail/page/4