Retailers risk jail for cheap cigarettes under new laws
Selling cheap or concealed cigarettes could be enough to land retailers in hot water under proposed laws aimed at smashing the illegal tobacco trade.
Selling cheap or concealed cigarettes could be enough to land retailers in hot water under proposed laws aimed at smashing the illegal tobacco trade.
Consumer sentiment is gloomy, the chair of IGA operator Metcash says, but shoppers are still spending because there hasn't been a jobs market shakeout.
Harvey Norman is redoing its Australian store locations and has a big outdoor goods promotion planned after suffering a significant drop in shoppers.
Retail-focused group Wesfarmers, which owns some of Australia's best-known brands, including Bunnings Warehouse, says households are still under pressure.
Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks.
Ukrainian drones have struck an online retailer's warehouse inside Russia for a second time, as Kyiv pushes ahead with its campaign to hurt Moscow's economy.
Woolworths has confirmed its Ooshies collectibles campaign helped drive sales going into the new financial year, after it beat Coles during 2025/26.
Coles is stepping up the refurbishment of its grocery store network while closing dozens of underperforming Liquorland locations.
Bottle shops and pubs giant Endeavour Group has increased its retail market share after lowering shelf prices for customers, leaving it with lower profits.
Ampol, which owns one of Australia's two onshore oil refineries, has turned in a stellar first-half profit after oil market dislocation boosted its earnings.
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.