Woolies’ sales success an early Christmas gift
On the back of a successful Black Friday, Woolworths is gearing up for Christmas, with the supermarket chain expecting to sell 890,000kg of prawns and a million portions of ham.
On the back of a successful Black Friday, Woolworths is gearing up for Christmas, with the supermarket chain expecting to sell 890,000kg of prawns and a million portions of ham.
Billionaire fashion emperor Solomon Lew has launched a thinly-veiled attack on the Albanese government, saying it must help struggling households.
For the first time, Woolworths, Coles, Aldi and Metcash have been ranked on how they treat food and grocery suppliers with the German-owned giant taking out top spot.
Billionaire retailer Gerry Harvey says he did a roaring trade over Black Friday, but this could make for a quiet Christmas.
The boss of the online home furnishings retailer has declared Black Friday the ‘new Christmas’ with a hugely successful campaign that saw sales double.
Retailers offered steeper discounts as Australians swarmed Black Friday sales, hoovering up very specific categories.
Australians are not letting higher interest rates, utility bills or cost of living pressures get between them and a KFC bucket, driving sales and profit up.
Shares in online cosmetics retailer Adore Beauty shot up 20 per cent after it confirmed a takeover approach, while homewares seller Dusk faces a critical six-weeks trading period.
A few weeks out from the Melbourne Cup consumers weren’t shopping the way David Jones boss Scott Fyfe thought they would — then came the Cup Day rate rise.
Shares in the furniture retailer dropped 10 per cent when it was revealed the CEO had sold down $50m worth, yet he remains the company’s largest shareholder.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/31