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Financial

Super Retail Group betting big on online after record half

Super Retail Group betting big on online after record half

Super Retail Group enjoyed a record result during its first half, with group sales up 23 per cent and online sales skyrocketing 87 per cent. According to the outdoor retail group, which operates Supercheap ...
What JobKeeper cuts mean for retail
JB Hi-Fi half-year profit up 86 per cent despite temporary store closures
Cotton On expanding local DC to strengthen operations
Couche-Tard drops $20bn Carrefour takeover plan

Financial Archives

Uniqlo owner Fast Retailing’s operating profit beats pre-pandemic level

The company has widely been viewed as one of the most resilient retailers amid the global virus pandemic.

Michael Hill expects earnings bump after “outstanding” first half

All markets delivered positive results during the all-important Christmas trading period, in spite of challenging tradin...

Asos revenue jumps 23 per cent in four months

Asos’ active customer base spiked from 1.1 million to 24.5 million.
Photo of credit card and wallet

Tyro faces legal action after prolonged eftpos terminal outage

Bannister Law investigates legal action against Tyro after businesses lose eftpos for 10 days.

Payment times improve in December, but lag over 2020

Payment times improved 31 per cent during December, says CreditorWatch.

How fast finance can solve your cash-flow challenges

More and more retail businesses have discovered the benefits of fast unsecured business lending to adapt quickly when ne...
Solomon Lew and Mark McInnes

Premier expects first-half earnings to skyrocket 75 to 85 per cent

“The challenges posed by Covid-19 are the greatest set of risks I have ever seen in more than six decades in retail,” Le...

Australian Fashion Labels finds a buyer, lets go of all staff

After a tense weekend, Australian Fashion Labels have entered in to an exclusivity arrangement with a buyer for the busi...

Dr Martens set for London IPO, valuing shoe brand at US$2.7 billion

Private-equity owner set to sell 25 per cent stake.

Online sales soar over Black Friday weekend

Online spending on clothing as well as purchases in department and electronics stores soared by more than 100 per cent.

Staples makes US$2.1 billion bid for rival Office Depot

Nearly five years after the FTC scuttled a merger plan, US giants try again.

Retail without borders

When Australia’s doors slammed shut last March, it cost the retail industry a bundle. But internal border closures have ...

Aussies spent $31.6 billion on retail in November

Black Friday pushed retail sales in November up 7.1 per cent, says the ABS.

Future Group chief expects quick approval for US$3.4bn takeover

Kishore Biyani unmoved as Amazon steps up legal challenge to rescue deal with Reliance.

Australian Fashion Labels collapses, in urgent talks with potential buyer

The fashion house operates labels BKNR, Finders Keepers, C/MEO Collective, Keepsake and The Fifth Label.