Articles
Helloworld adjusts outlook on virus fears
Helloworld expects its retail leisure, wholesale leisure and corporate business to be impacted.
Bids for right-sized Harris Scarfe come to a close
Department store’s administration could soon be coming to an end.
Accent Group profit up almost 10 per cent
Net profit rose 9.7 per cent to $35.3 million, while EBITDA grew by 10.5 per cent to $67.7 million.
David Jones sees “another tough period”: Moir
The convergence of bushfires, coronavirus, and stifled wage growth to impact spending.
Ex-staff sets up website to spotlight bullying at Sephora
Voice of consumer is an important metric to retailers, but what about the voice of employees?
Super Retail adds $8 million to underpayment bill
Retail group reveals further payroll issues in half-year results.
Booktopia launches loyalty program
The online bookstore is rewarding customers who spend $30 for every three months.
Kogan sees record half-yearly sales and profit, though revenue dips
Online retailer gross sales reach $322.9m, while gross profit hits $8.9m.
Bunnings merger with Adelaide Tools could impact competition: ACCC
Proposed acquisition would likely stifle any local competition, ACCC warns.
AuMake quadruples gross profit in first half of FY20
The increase resulted in a net loss of $500,000, six times lower than 1H19.
Lotte Duty Free launching first Sydney store in 2021
The announcement comes after the business launched its first Australian location in Brisbane Airport last year
Klarna nabs Appliances Online as first Australian retail partner
Australia Post also working with buy now pay later provider.
Inter Ikea names new leader as long-term CEO steps down
Head of Ikea franchising to lead the business moving forward.
Tax refunds largely bypassed retailers last year
Only 5 per cent of tax returns were spent in retail, according to new research.
George Calombaris’s 22-company empire enters voluntary administration
Decision puts around 400 jobs at risk.
The 14 trends to watch in 2020
As we enter a new decade, here’s where the experts think retail is going.
JB Hi-Fi record half unaffected by Christmas slowdown
Electronics retailer avoids slower Christmas trade experienced by several other retailers.
Coronavirus to have “significant” effect on economy, daigou trade
Retailers watching consumer confidence closely as virus fears spread.
Nick Scali sees profit falter on consumer fears
Profit fell 15 per cent to 21.6 million over the first half of FY20.