Supermarket giant ‘genuinely cares’ about customers
A grocery giant accused of false price discounts has told a court that it genuinely cares about customers while boosting its profits.
A grocery giant accused of false price discounts has told a court that it genuinely cares about customers while boosting its profits.
A supermarket giant accused of manipulating prices has told a court the regulator is wrongly attributing "sophisticated thought processes" to grocery shoppers.
Baby Bunting's nine revamped "stores of the future" are delivering the goods, helping the baby goods retailer grow overall same-store sales by 4.7 per cent.
Australia's consumer watchdog has accused Coles of artificially increasing prices to create discounts, while the supermarket giant blames supplier cost hikes.
Consumers are spending big on smartphones and games consoles despite a tight economy, JB Hi-Fi says, but the cost of some gadgets could rise.
A surprise slide in consumer spending has thrown more uncertainty around the Reserve Bank's next move on interest rates.
Almost two years after six victims died in a horrifying mass stabbing, the pressure is on the government and others to make changes and prevent further deaths.
Endeavour Group expects to report a smaller profit after cutting its prices to grow its sales on the lead-in to the key holiday trading period.
A specialist court is set to decide if a teenage boy accused of stabbing a supermarket worker in the back should face trial on an attempted murder charge.
A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.
Britpop giant Oasis and Black Friday bargains have helped bring Australia's economy back in tune, adding to the case against Reserve Bank rate cuts.
Shoppers are being urged to scrutinise Boxing Day bargain claims, while two major airlines have announced discounted fare sales.
Shares in Penfolds owner Treasury Wine Estates plunged after it pointed to a fall in earnings due to problems in China and the US.
budgets and budgeting
economic indicator
economy, business and finance
electricity production and distribution
housing and urban planning
politics
retail
The federal treasurer says he's booked another $20 billion in savings in the budget update, but is keeping mum on whether that means a smaller deficit.
consumer goods
economic policy
economy, business and finance
food - consumer goods
politics
prices
retail
Lower grocery bills are being promised with a price gouging ban but supermarket giants and retailers say shoppers will be the ones to bear the brunt of costs.
Department store Myer achieved its biggest biggest Black Friday sale performance on record as it prepares to relaunch a fast fashion brand in Australia.
More rate relief for borrowers has essentially been ruled out by the Reserve Bank governor as the central bank mulls over when to lift rates again.
Premier Investments shares have plunged as the owner of Smiggle and Peter Alexander blames lower earnings forecast on the economy.
The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.
IGA supplier Metcash has delivered a $142.2 million first-half net profit, up 0.3 per cent from a year ago, and reported tobacco sales dropped by 35 per cent.
Despite inflation pummelling hopes of more interest rate cuts, Australians are spending as much as ever in major sales and increasingly using debt to do so.
Harvey Norman chair Gerry Harvey has hinted he might be selling robots in the next 18 months alongside a 'secret' technology, after dissing his rivals.
Police will be deployed across more of a major state train network and shopping centres in a bid to reduce the likelihood of violent crime.
Years in jail and store bans are among tougher penalties flagged by a state government tackling a troubling surge in attacks and threats on retail shop staff.
Coles shareholders have voted down activist-backed resolutions taking aim at its sourcing of salmon after executives were peppered with questions on the issue.
Supermarkets and smaller retailers are feeling the pain of the illegal tobacco trade, posting super-sized drops in revenue in recent reporting.
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crime, law and justice
earnings
health and safety at work
retail
Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.
annual and special corporate meeting
annual report
company information
earnings
economy, business and finance
food - consumer goods
retail
Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.
A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.
Super Retail enjoyed 4.5 per cent financial year-to-date sales growth but its AGM was focused on the board's decision to sack chief executive Anthony Hegarty.
Homewares and furnishings retailer Adairs is pulling back from a deep discounting model as it plans to unveil a more "aspirational" refresh.