Footwear giant vows to step up after first loss
The owner of sneaker chains Platypus, Skechers and The Athlete's Foot is regaining its footing after its first loss in its two decades as a listed company.
The owner of sneaker chains Platypus, Skechers and The Athlete's Foot is regaining its footing after its first loss in its two decades as a listed company.
Bega Cheese, which makes cheddar, yoghurt and peanut butter alongside popular spreads like Vegemite, is back in the black after a protein-driven turnaround.
Breville Group has delivered a rise in profit on record revenue and played up opportunities for its coffee machines, especially in the Middle East.
Shares in leading retailer JB Hi-Fi have suffered their biggest one-day loss in company history, pointing to tough conditions for the broader sector.
Ukrainian long-range drones have hit another Wildberries warehouse inside Russia, as Kyiv scrambles to fortify its own air defence against Moscow's attacks.
Households are clamping down on spending even more as financial uncertainty deepens, hitting sales at a leading Australian retailer.
Ukraine has launched its fourth attack on Russian retailer Wildberries, sending plumes of smoke over St Petersburg and Crimea as it targets Moscow's war effort.
A cult fashion brand will shift its Australian manufacturing overseas after years of making clothes with both local and overseas producers.
As the cost of living bites, some Australians are looking towards major sales events, with one e-commerce giant hiring hundreds of extra seasonal workers.
Citing a shift to online shopping and a response to declining foot traffic, Betts will close 20 of its 35 remaining physical stores.
A key business group in a mining town with six supermarkets has thrown its support behind a decision to block Coles from opening a new store.
Metcash is shrugging off a fairly lacklustre trading year triggered by geopolitical uncertainty and cost-of-living pressures by reporting signs of a pick-up.
The British company that owns Sports Direct is offering to buy Accent Group for $390 million, saying it has concerns about its management and chairman.
Super Retail Group, which owns Supercheap Auto, Macpac, BCF and Rebel, is expanding its store footprint to 900 within five years under a new growth plan.
Australians are continuing to turn to global e-commerce providers as rising costs weigh on household budgets, heaping more pressure on local retailers.
The company that runs Powerball believes its digital operations have done a poor job of capturing the fun and joy of playing the lottery.
business (general)
consumer confidence
consumer goods
economy (general)
economy, business and finance
retail
trade policy
unrest, conflicts and war
Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.
The owner of a jewellery store and a man he hired for a fake robbery in a $2.5 million attempted insurance fraud could both walk free from jail in months.
Legitimate tobacco retailers say tax hikes have led to illicit sales decimating their income, with the legal market destined to be wiped out.
business (general)
consumers
crime, law and justice
economy, business and finance
food - consumer goods
retail
Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.
The consumer watchdog will be seeking a "significant penalty" to act as a deterrent to Coles and others, after a court found the supermarket misled shoppers.
The consumer watchdog's landmark case against Coles and Woolworths over alleged "illusory" discounts is nearing a decision after 18 sessions over two hearings.
Coles shoppers adjusted their spending patterns after the Middle East war began, spending less on liquor and even buying smaller Easter chocolate bunnies.
Australia's biggest supermarket chain has defended its discounts, as the consumer watchdog's joint court case against Woolies and Coles nears the finish line.
Woolworths sold baby food at a higher price for just three weeks before taking off 50 cents and marketing it as a price reduction, a court has been told.
Inflation and supplier negotiations drove prices higher, not a desire to mislead consumers with short-term hikes, Australia's biggest supermarket says.
Construction has begun on the biggest warehouse ever constructed in Queensland - a robotic customer fulfilment centre for Amazon Australia.
Conservationists are pushing for a regulator to outlaw a common class of rodenticides having pervasive effects on owls and other native animals.
Economic data released this week will leave the Reserve Bank a little less concerned about underlying momentum in consumer demand, an economist says.
Australia's economy expanded by 2.6 per cent over 2025, above Reserve Bank forecasts, raising fears of an impending interest rate hike.
Coles' half-year earnings have disappointed the market, with shares in the supermarket giant falling to their lowest level since August.