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David Jones slammed for slow transition, Food business to be reviewed
David Jones’ South African-based owner Woolworths Holdings is reviewing the recently expanded David Jones Food brand in an attempt to recoup losses, according to AAP.
On an analyst call on Thursday, group c...
Financial Archives
Premier Retail looking to exit 350 stores in Australia and New Zealand
Online could be the channel of choice for Premier Retail in the short term.
Kathmandu profit plummets as customers stay inside
Lockdown restrictions enacted during FY20 hit many clothing retailers hard, and Kathmandu is no exception.
Booktopia sales spike 28 per cent as lockdown feeds book lovers
Bookseller shipped 30,000 items a day in FY20.
Harvey Norman profit up 185.8 per cent, excluding Melbourne
Comparable sales rose 30.3 per cent across Harvey Norman's global business.
David Jones slammed for slow transition, Food business to be reviewed
Woolworths Holdings wants to get DJs Food to break even by 2022.
Zara-owner Inditex posts $315 million half year loss despite second quarter rebound
Fashion business saw strong sales growth after Covid-19 restrictions relaxed.
H&M says its recovery from Covid-19 is much faster than expected
Global fashion retailer H&M has beaten expectations for its quarterly profit, recovering much faster than expected.
Business worried about end of stimulus
Almost two-thirds of medium-sized companies are concerned economic activity faces a significant decline.
QLD wage theft bill passed despite industry concerns
Employers who intentionally siphon money from staff could face ten years prison.
JobSeeker cuts to cost 145,000 jobs: Report
Cuts to JobSeeker and related payments will see the economy lose $31.3 billion, a report has found.
More than half of Vic retailers glad restrictions weren’t eased, survey shows
Many do understand it will be ‘extremely difficult’ to survive the next few months.
Customer behaviour settling, but August sales likely to fall: NAB
August retail sales are likely to be 2.4 per cent down, said NAB.
Permanent support for JobSeeker needed for sustainable recovery, says ARA
Support for JobSeeker or similar scheme is needed for Australia to have sustainable recovery, says head of ARA.
Rise in retail sales in Q3 signals hope for coming months
Supermarkets, liquor stores, hardware and household goods were the big winners in retail, already exceeding pre-Covid sp...
Thousands of JobKeeper double-dipping tips
Thousands of businesses have potentially rorted JobKeeper payments but none have been penalised.
Solomon Lew fires shots at Myer over “shameful” results
The Premier Investments chairman has called for the Myer board to resign.
LVMH cancels Tiffany deal, setting up high-stakes legal stoush
French luxury-goods group LVMH has dropped its plan to take over Tiffany & Co, prompting the New York jeweller to announ...
Laybuy shares climb 45pc on ASX debut
New Zealand buy now pay later provider Laybuy has had a solid debut on the ASX after listing.
Could JobKeeper be extended in Melbourne?
Government utilising ‘wait and see’ approach on financial support.
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