Temple & Webster considers global push as profits rocket
Australia’s most popular online furniture store is weighing up the timing on taking its brand to the world and expanding overseas.
Retail
Breville production shift out of China ‘in full swing’ to beat tariffs
The kitchen appliances maker posts record interim revenue on surging demand for its coffee machines, with the group moving some production out of China to get ahead of punishing tariffs.
‘Come back to the office’: Woolies CEO tells staff
Woolworths is the latest large corporation to demand workers spend more time in the office, as boss Amanda Bardwell asks her 10,000 support staff to only work from home two days a week.
‘No free kick’: JB Hi-Fi boss not relying on a rate cut
Terry Smart says an interest rate cut as early as next week ’can only be good’ for shoppers, retailers and the economy, but JB Hi-Fi remains focused on value for customers.
Why that Valentine’s Day gift might head back to the shop
Australians returned more than $11m in gifts, or 88,600 items, in the fortnight after Christmas and it could be down to people cashing in what they can to make ends meet, a data collector says.
MCoBeauty sold with huge payday for founder
Make-up ‘dupe’ phenomenon MCoBeauty has been sold, with founder Shelley Sullivan cashing out in a massive deal.
Retailer Maggie Beer warns of costs blowout, job losses
Maggie Beer, the famous cook’s label known for its quince pastes and Pheasant Farm Pate, has warned costs are running out of control and must be slashed to safeguard profitability.
How we can get retail sector back on its feet
Retailers want support measures which will grow the industry, bolster the workforce and help secure positive outcomes for the broader community.
Businesses ‘deceiving’ consumers rights: ACCC
The consumer watchdog has warned businesses against deceptive statements about customer rights after thousands of local businesses were found to be violating the law.
Woolworths shakes up leadership team
New CEO Amanda Bardwell has put her stamp on Woolworths, creating a retail division to oversee its supermarkets, convenience stores, meat supply and private label groceries.
Not just about fashion: Chadstone beefs up foodie credentials
The nation’s largest shopping centre is preparing to open its new fresh food mecca, The Market Pavilion, featuring gourmet retail brands and a world-first food concierge service.
Drinks giant brewing up international expansion
Bundaberg Brewed Drinks is planning to reveal a new flavour for its growing South Korean market – its first new product specifically for the international market.
Burger King Cowin on selling fake meat to the masses
Top players bought in big to the fake meat industry. But, as many companies fail, Burger King’s billionaire boss Jack Cowin remains convinced Australians will want plant-based burgers.
Country Road, Mimco owner suffers pre-Christmas sales slump
The company behind a stable of fashion brands like Country Road, Mimco and Witchery has suffered a sales slump leading up to Christmas to add its name to a growing list of struggling retailers.
Return of Aussie wine to China fires up exports in sluggish market
Australian winemakers are sitting on a glut of mainly red but the reopening of the post-tariff Chinese market has helped ease the pressure by lifting exports 34 per cent in 2024.
Sigma shareholders wave through $34bn Chemist Warehouse deal
There’s no reason Chemist Warehouse’s strong growth won’t continue, the Sigma Healthcare chair says, as the $34bn merger of the two companies passes a crucial vote.
Supermarket suppliers’ council chief shown the door
Mystery surrounds the immediate exit of Tanya Barden as chief of the Australian Food and Grocery Council, leaving the peak body representing supermarket suppliers without a leader.
Chemist Warehouse sales surge as Sigma merger looms
The retailer has reported rampaging sales figures, just a day before Sigma Healthcare shareholders are due to vote on a multi-billion dollar merger with the pharmacy retailer.
Bunnings builds up in-store media arm
The hardware giant is investing in more advertising in its stores, with in-store advertising believed to generate as much as $1.6bn in revenue for retailers.
Unions put the bite on Maccas
Bosses say the retail, hospitality and fast food sector will be exposed if unions force McDonald’s into making a multi-employer deal. The ACTU disagrees.
Rivers runs dry following Mosaic Brands collapse
Rivers is the latest once-famous retail brand to be killed off following the collapse of its owner Mosaic Brands, with all 136 Rivers stores set to close with the loss of around 650 jobs.
It’s ‘day zero’ for historic apparel deal, declares Myer boss
Myer boss Olivia Wirth has won overwhelming shareholder approval for the acquisition of Solomon Lew’s apparel brands and now has the huge task of integrating them from ‘day zero’.
Tim Cooper to hand over the reins at Coopers Brewery
Tim Cooper will step back from the top job at Coopers Brewery after more than two decades, as beer sales at the nation’s last major Australian-owned brewer continue to grow.
Myer can be a $5bn retail power: Inside Lew’s merger vision
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
Lew poised for Myer board return after 23-year absence
If Myer and Premier Investments shareholders approve their historic $880m deal, billionaire Solomon Lew will return to the department chain’s board after more than two decades.
Revival of retail super the big comeback story
The bidding war for one-time basket case Insignia Financial tells you the pendulum is swinging back from not-for-profit domination towards retail superannuation providers.
Over a quarter of small business owners not paying themselves
Business owners struggling in an uncertain economy have been resorting to withholding their own salary or using personal savings to help prop up their ventures, a survey shows.
Housing crisis scares mid-tier businesses
Mid-tier businesses fear that in years to come, the national housing crisis will worsen their ability to find and employ workers living close enough, the results of a survey shows.
Wine giant boss’s China dream takes shape
Tim Ford doesn’t just want to pack product off to China never to be seen again; he believes his Treasury Wine Estates and Penfolds brand can be a driving force in that country’s wine community.
Myer and Premier take $1bn hit over shock profit warning
The department store chain’s share price has tumbled below a key threshold set by the independent expert backing its near $1bn merger with Solomon Lew’s Premier retail assets.
Original URL: https://www.theaustralian.com.au/business/retail/page/4