Australia passes parcel record with Black Friday boost
A record 53.5 million parcels were processed in November following the Black Friday Sales, with more than half of households nabbing a bargain online.
retail
Warning after sharp rise in dog attacks on posties
Dog owners are being urged to secure their pet pooches amid a rise in attacks on posties as we head into the busy Christmas delivery period.
Shoppers spend big on Black Friday sales
Australians are tipped to spend more than $6 billion on Black Friday bargains, providing a boost to retailers grappling with a slow year of sales.
Hats off to the Forrests as they snap up Akubra
Australian businessman Andrew Forrest and his wife Nicola have added handmade hat brand Akubra to the brands within their private investment group Tattarang.
Aussie supermarkets failing in war on plastic: audit
Australian supermarkets have been given an F for fail on plastic waste reduction, with an audit detailing some disturbing practices.
Retail sales dig in with hotter than expected growth
The new iPhone model, government policies and unseasonably warm weather have all helped prop up retail sales ahead of a much-anticipated cash rate decision.
Casual worker changes threaten jobs: Wesfarmers chair
Corporate heavyweight Michael Chaney says proposed changes to Australia's labour laws would add complexity and cost.
Myer’s best sales level in nearly two decades last year
Myer has total sales of $3.37 billion in 2022/23, its most since 2005, but sales are down so far in the new fiscal year as consumers tighten their belts.
Father’s Day spending dips over cost-of-living stress
One state is expected to spend more than the rest of the country this Father's Day, but overall families are spending less due to cost-of-living pressures.
Sales down at Harvey Norman as cost of living bites
Harvey Norman is confident its strong balance sheet can see it through a consumer slowdown, even as falling sales cause profits at the retailer to tumble.
Kmart sales up as cost-conscious shoppers hunt bargains
Record annual earnings at Kmart have helped propel Wesfarmers to a $2.5 billion full-year profit, as consumers become more cost-conscious.
Endeavour Group raises a glass as profit lifts to $529m
The company that owns Dan Murphy's, BWS and more than 300 licensed pubs in Australia has lifted its profit even as consumers grapple with economic pressures.
JB Hi-Fi full-year profit dials down to $524m
Electronics retailer JB Hi-Fi says sales were up 4.3 per cent to $9.63 billion for the 12 months to June 30, but costs rose even more.
NSW to pay for light rail construction nuisance
Two businesses have succeeded in claims the construction of the Sydney light rail created nuisance, with damages for other businesses to be determined.
Retail trade beats forecast as sales lure shoppers in
Cash-strapped consumers are taking advantage of sales and pushing up retail trade temporarily, with the spending slowdown expected to continue next month.
Retail Food Group says rate hikes slowing sales growth
Retail Food Group says sales growth has moderated to just 2.2 per cent over the past 21 weeks.
Truck drivers protest at Aldi over safety standards
Transport workers are protesting at Aldi stores as the union says the German supermarket giant is putting drivers under pressure.
Drivers face pump pain as profits fuel inflation debate
Motorists are being urged to shop around before the three-day weekend as international research suggests company profits are pushing up inflation.
Woolworths says food inflation ‘frustratingly elevated’
The Woolworths Group says shelf prices rose 5.8 per cent in the third quarter, although that was lower than price increases in the previous quarter.
Spending slows as households start to shut up shop
Spiralling living costs and rising interest rates have kept discretionary spending subdued, new retail data shows.
Shopping centres rebound in full year with no lockdowns
Major Australian shopping centres have turned over a record $54 billion in sales last year as customers returned to bricks and mortar shops after lockdowns.
Myer to close flagship Brisbane store after 35 years
Retail giant Myer will close its flagship store in the heart of Brisbane's Queen Street Mall after posting a half-yearly 24 per cent jump in sales.
Harvey Norman posts fall in interim earnings, dividend
Harvey Norman shares have fallen more than 10 per cent after the retailer announced a drop in profit and a weak start to 2023.
Woolworths registers profit jump but warns of slow down
CEO Brad Banducci attributes improved Woolworths profit gains to strong seasonal trading and lower COVID-related costs.
Coles locks in strong profits and first female chief
Supermarket giant Coles made $616 million in first-half profit, up 11.4 per cent from a year ago, and has named Leah Weckert as its next chief executive.
Aussies seek bargains in post-Xmas sales
Shoppers are predicted to spend record amounts in the summer sales with clothing, hospitality and household goods expected to be the most popular categories.
Billions spent on unwanted Christmas gifts
It's not easy to choose the right gift, with up to $3 billion worth of Christmas presents likely to be returned to the seller this year.
Coles peels back frozen potato chip sales
Coles has imposed a purchase limit on frozen potato chips due to a national supply shortage.
Aust drops $6.2b on Black Friday bargains
About 11 million people nationwide are expected to take part in Black Friday sales as Australian workers protest conditions at Amazon warehouses.
Harvey Norman spruiks Malaysia opportunity
Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.
People want value, not local shops: Coles
The head of grocery giant Coles says the pandemic trend of "local shopping" is unwinding as customers look for cheaper prices instead.