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Opinion: Is retail through the worst of the pandemic pain?

Opinion: Is retail through the worst of the pandemic pain?

As Melburnians emerged from 110 days of lockdown, pent-up demand saw retailers in the state get a welcome boost. Reportedly, about 10,000 shoppers passed through the doors of Kmart’s late-night Melbourne store...
Black Friday delivers record breaking results for retail
Black Friday kicks off $5 billion weekend
More red ink for Global Brands as revenue falls by nearly half
Funtastic’s Toys ‘R’ Us acquisition complete, looks to accelerate growth

Financial Archives

The Future of Retail: Operations Trends for 2021

Many businesses will need to adapt in order to thrive next year, says Safety Culture.

Young workers score massive pay increase from FWC

The decision was labelled 'baffling' by the NRA.

Foodland investing $300m into upscaling SA business

The plan will create 2,500 jobs in the state over the next five years.

Tiffany beats profit estimates on soaring China demand

Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on T...

Harvey Norman profit explodes 160 per cent

Sales also rose, but excluded the impact of lockdowns across Harvey Norman's global brand.

RipCurl balances out struggling Kathmandu in first quarter

CEO Xavier Simonet said the result shows the strength of diversification.

Rostering automation for retail: The #1 transformation you need to consider

Workforce Software outlines why an automated approach to rostering should be important to any business.

October retail sales 7.3 per cent up on last year

Despite monthly sales growth, Victoria remains 5.7 per cent below 2019 levels.
Image of Bourke Street Mall

David Jones’ sales pulled down 14.6 per cent by end of Victorian lockdown

Excluding Victoria, sales grew marginally during the period.

Global Fashion Group raises US$143 million to fund growth

The Iconic set to gain from parent company's share placement.
Group of Gen Z shoppers

Retailers divided on holiday expectations: Deloitte

Some retailers aren't expecting Christmas sales to soar.

How lockdowns have helped make the case for mixed-use development

To remain resilient despite a challenging economic climate, retail landlords look into the development of mixed-use reta...

Bunnings, Officeworks start FY21 off with a bang for Wesfarmers

While Kmart Group limps into the new financial year.

Printemps to close seven luxury stores in wake of Covid

French department store chain Printemps, a magnet for foreign shoppers seeking high-end goods in Paris, will close some ...