Killing season: the crisis in Australian fashion retail
Big retail names like Katies, Noni B and Millers have collapsed as selling clothes to older, mid range shoppers is tougher than ever. How much worse can it get?
Big retail names like Katies, Noni B and Millers have collapsed as selling clothes to older, mid range shoppers is tougher than ever. How much worse can it get?
Billionaire Solomon Lew’s slimmed down Premier Investments has posted a profit drop, but is banking on a big future for its treasured brands.
Woolworths and Coles have been labelled oligopolies by the ACCC and the Treasurer has vowed shoppers will ‘no longer be treated like mugs’, as the chains dodge their worst crackdown fears.
Woolworths and Coles is an entrenched oligopoly but there’s no ‘silver bullet’ to halt their power, the competition watchdog’s final report says.
Myer executive chair Olivia Wirth says work is under way to return the 125-year-old grand old dame of Australian retail back to its title as a ‘retail powerhouse’.
The hardware juggernaut hopes ‘Hammer Media’ will reach tens of millions of shoppers in-store and on social media.
The release of the ACCC’s report into the supermarkets could present a buying opportunity for the big retailers’ shares, Macquarie believes.
Sturdy toilet seats are just the beginning as the hardware behemoth bets on us getting older and sicker.
Woolworths says households are struggling to make ends meet as shoppers fill up with cheaper grade petrol and cut back on groceries to stretch their money.
Futures indicate the S&P/ASX 200 index will advance 1.1 per cent at Monday’s opening of trade after Wall Street shook off the threat of a government shutdown.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/2