Pandemic perfect for much-maligned retailer
If there was such a thing as a Metcash heaven then chief executive Jeff Adams is in it right now. But the question is, for how long?
Retail
Australian firms beef up online presence
From beer to beach workouts, Australian entrepreneurs have been tapping into Amazon Australia’s vast network to turn their passions into profit.
Metcash back in black after local pivot
Metcash shares jump on promising outlook, after trend to neighbourhood shopping aids ‘unprecedented’ sales growth.
Booktopia bolts on debut, trials robots
Shares in online bookseller Booktopia have debuted on the ASX at a 24pc premium, as it turns to robots to aid its expansion.
Kogan goes ape in NZ with online buy
Kogan.com expands into New Zealand with the $122.4m purchase of online retailer Mighty Ape, adding almost 900,000 subscribers.
Retailers seize on pandemic fallout
Struggling shopping malls are finding an unexpected boost from bargain-hunting retail operators.
Investors rebel as losses mount at DJs
Up-market department store David Jones has rung up cumulative losses of $1.4bn over the last three years.
Prospect of special dividend buoys Harvey Norman
Harvey Norman ‘could consider’ a special dividend or share buyback.
Fantastic hits pause on IPO
Fantastic Furniture has placed its initial public offering plans on hold for 2020 and may make efforts to head to the boards next year.
US economy gets boost as Americans spend more
The US economy is heading into the holidays continuing to recover.
Inside the Southern Hemisphere’s largest makeup store
First look: Mecca founder Jo Horgan offers a tour of the dazzling new Sydney flagship in the iconic Gowings Building.
Rip Curl proving key for Kathmandu
Kathmandu’s Rip Curl acquisition is proving to be a saving grace as COVID continues to crunch its outdoor gear sales.
Confident consumers to splash more cash
More consumers are returning to their normal spending habits, boosting confidence for a robust Christmas trading period.
Hemp maker gets the munchies
A fledgling ASX-listed company is on a high after it signed a distribution deal with international convenience store chain 7-Eleven.
Kogan cops first strike vote
Kogan founder Ruslan Kogan and CFO David Shafer have been awarded options packages worth around $80m combined, but not before shareholders vented their fury.
Online boom boosts David Jones
David Jones is witnessing early signs of a recovery outside of Victoria, with sales growth in other states and a booming online business.
Bellamy’s owner wins China approval
China Mengniu Dairy Company has trumpeted the big win for its Bellamy’s business.
Walmart retreats around globe
U.S. retailer to sell Japanese unit to KKR after unloading its operations in the U.K. and Argentina.
Just in time for Mecca’s ‘beauty wonderland’
Mecca Brands prepares to open the doors on the southern hemisphere’s biggest beauty store this month.
Make me an Alfa male
Remember how it felt when you discovered there was no Santa Claus, Easter Bunny and the government allowed electric cars on our streets?
Designer cuts a new path after upheaval
In search of a more sustainable future, designer Maggie Hewitt makes a radical overhaul of her New Zealand fashion business
Santa’s toy deliveries could be delayed by Covid
It’s enough to make the toy industry take its bat and ball and go home.
Governments ‘drowning’ in debt: Chaney
The Wesfarmers chairman stressed the need for substantial economic reform in the face of the mountain of debt the government has run up.
Woolies eyes Dan’s spin-off for 2021
CEO Brad Banducci tells shareholders the spin out of its drinks and hotels arm, which includes Dan Murphy’s, should take place next year.
Bunnings boom continues
Wesfarmers has reported its star hardware chain Bunnings grew sales 25 per cent between July and October.
Tension won’t sour Alibaba sales
Alibaba’s Australian chief says tense relations between Australia and China won’t have an impact on the sale of Australian-made products.
Cowin sees digital future for fast food
Fast food entrepreneur Jack Cowin believes the COVID-19 pandemic has accelerated the shift by customers to ordering their burgers and fries online.
Coles primed for future growth
Coles chief executive Steven Cain says the supermarket group has emerged from the COVID-19 with a robust balance sheet.
More tech on the menu at Coles
Coles chairman James Graham says the retail group must invest in digital to innovate on product and cut costs.
Retailers slide but still up on last year
Retail sales across Australia continued to beat a retreat in September after peaking earlier in the year as pandemic panic buyers packed shops.
Original URL: https://www.theaustralian.com.au/business/retail/page/79