Latest Financial News - Inside Retail Australia

Oliver’s acquisition off the table, but new deal signals growth

EG Group will no longer acquire Oliver’s Real Food, but enter a licence and supply partnership.

ASX to rise after stocks gain globally

Investors expect to see the Australian share market to rise when trading opens.

Lawyer class action

Changes to class action funding requirements raise questions

Changing funding requirements may not mean justice for all.

Australian shares climb 1.5 per cent in early trade

Shares on the Australian stock market have risen by 1.5 per cent and all sectors are higher early.

A Target store in Sydney, Australia

Target store network to be downsized, converted to Kmarts

Mass closures and conversions of Target network could impact over 100 stores.

ASX set for weak start on US-China tension

Investors can expect a weak start for the Australian share market after US-China tensions led Wall Street to close slightly lower overnight.

Closed sign due to COVID-19

Lockdown costs retail $5.3 billion in April: ABS

Preliminary sales figures see major falls in food, cafes, restaurants, clothing and footwear.

ASX to edge higher on recovery hopes

Australian shares are set to rise at the open following a positive finish on Wall Street as investors bet on a swift recovery from COVID-19.

Australian shares to fall after vaccine doubts

Shares are likely to lose value when the ASX opens after doubts over a possible coronavirus vaccine in the US.

Payroll data will update picture on jobs

A slower rate of job losses through the back half of April is expected to show up in new payroll data.