Bare shelves remain as Woolies dispute rolls on
Woolworths’ customers are facing increasingly empty shelves as national business groups accuse the union of taking the ‘nuclear option’.
Retail
IGA owner vows ‘honest value’
Metcash boss Doug Jones says shoppers are continuing to include independent supermarkets in their ‘repertoire’ as IGA holds its market share.
Nation goes shopping in Black Friday frenzy
The Black Friday sales are tipped to trigger a $6.7bn spending spree by consumers, but not all retailers are happy, with some sitting out the shopping blitz.
Australia ‘faces a black hole of debt’
Businessman Gerry Harvey warns Australia is headed for a ‘black hole’ of debt as vote-seeking politicians splash the cash, stoking inflation and keeping interest rates high.
Coles teams up with Microsoft to take shopping to the next level
Coles has signed a five-year deal with Microsoft to change the way Australians shop and bolster sales at the supermarket chain, thanks to artificial intelligence.
Woolworths buys tech assets from failed US company
The arms race between retailers is so heated Woolworths has taken the unusual step of buying online shopping assets and IP from a failed grocery play.
Arnott’s in multimillion-dollar health kick
Arnott’s is doubling down on its move into the high-growth gluten free segment with a multimillion-dollar upgrade of its manufacturing hub in Adelaide.
Healthscope overplays its hand in act of self-destruction
Australians are sick of having their health being used as a bargaining chip as hospitals and insurers face losing it all.
Legalese battle for Coles as execs clash over farmer deals
The difference between a ‘commitment’ to buy fresh produce from farmers and a ‘legally binding’ deal was a source of fireworks at the final day of the ACCC public hearing into supermarkets.
Coles boss denies private label used to undercut suppliers
Coles CEO Leah Weckert has told the ACCC inquiry into supermarkets that private label isn’t being used to undercut suppliers of branded groceries or weaken their bargaining power.
Accent shares dive on slowing sales
The footwear retailer released a trading update at its annual general meeting that showed a marked slowdown in sales growth and weaker margins.
Di Pilla data centre fund’s ‘upsized’ IPO poised to grow
After a string of big acquisitions and amid significant investor demand, David Di Pilla’s new REIT will list with an IPO of $2.75bn and global ambitions.
Freight company collapse threatens Nick Scali profit
The furniture retailer is facing significant delivery delays after being forced to go to Federal Court to secure shipping containers.
Rising costs, belt tightening drives surge in cafe failures
Business failures in the hospitality sector have almost doubled over the past year and are tipped to climb further as costs mount, tax debts grow and consumers tighten their belts.
Woolworths’ supplier rebates under scrutiny
Questions have been raised about the impact of supplier rebates on Woolworths’ profit and executive bonuses at the second ACCC hearing into supermarkets that also included a notable surprise.
Sales down at Kathmandu, Rip Curl owner
KMD Brands, the owner of Kathmandu, Rip Curl and Oboz, is pinning its hopes on a bounce in sales from the crucial Black Friday and Christmas trading period as sales for all its brands continue to dive. Shares hit record low.
Bunnings defends facial recognition cameras after privacy breach
The retail giant has been found to have invaded the privacy of hundreds of thousands of customers, technology it says was only used to protect its team and other customers from ‘violent behaviour’ | WATCH THE VIDEO
Woolworths denies ‘land banking’ sites
Woolworths boss Amanda Bardwell has been asked about internal documents showing the retailer’s strategy around buying and holding land.
$50m a year up in smoke from illicit ciggy sales: Ritchies boss
The proliferation of the illegal tobacco trade and the dominant power of Woolworths and Coles are weighing on Fred Harrison’s independent supermarket chain, Ritchies.
Drakes boss lashes regulators over Coles and Woolies’ market power
Australia’s largest independent grocer says preventing further expansion of Coles and Woolies is the only way to rein in their excessive market power.
Original URL: https://www.theaustralian.com.au/business/retail/page/3