Sustainability high in Aust minds: Woolies
Australian consumers 'give a damn' about sustainability and even more so than two years ago, a major retailer has warned business leaders.
retail
Retail sales momentum slowed in June
Retail turnover rose 0.2 per cent in June, its sixth straight monthly rise but the smallest increase so far this year.
Victoria is best-performing state: CommSec
Victoria has earned top spot on CommSec's quarterly State of the States report for the first time since its COVID lockdowns but Queensland is coming on strong.
Consumer confidence falls as rates rise
Consumer confidence has dropped 19.7 per cent since December, a plunge comparable to what happened at the start of the pandemic and the global financial crisis.
Metcash lifts FY profit amid inflation
Metcash's full-year sales have risen 6.4 per cent to $17.4 billion, while underlying earnings jumped 17.7 per cent to $472.3 million.
Plastics purge tops shoppers’ wishlist
Shoppers rate reducing the use of plastics as the top action businesses can take on sustainability and climate change to win trust, loyalty and dollars.
Retail sales a record $33.9bn in April
The Australian Bureau of Statistics says retail trade rose 0.9 per cent in April, the fourth consecutive month turnover has risen.
Retailing in last hurrah before rate rise
The Australian Bureau of Statistics says retail trade rose 1.6 per cent in March to a record $33.6 billion, coming before rising interest rates take their toll.
Coles says supply chain issues ‘enormous’
Coles chief executive Steven Cain says the unprecedented supply chain issues the supermarket is facing will take a couple of years to resolve.
Petrol prices fall as job market tightens
Petrol prices are dropping below $2 while new job advertising figures suggest the unemployment rate could be in the low-threes by the end of this year.
Woolies profit down, food prices to rise
Woolworths has posted lower first-half profit while its boss is warning food prices will keep increasing due to inflation.
Costs weigh on Coles first half profit
Coles has delivered a two per cent drop in profit as higher costs and lower convenience store sales hit half-year results.
Record retail sales in December quarter
Easing of lockdown restrictions and a splurge by festive season shoppers have helped retail sales jump by a record 8.2 per cent in the December quarter.
SA abattoir defends handling of virus
The operators of an abattoir in SA's southeast have defended their handling of a coronavirus outbreak that spread from the local community to the facility.
Confidence drops on rapid Omicron spread
The ANZ-Roy Morgan consumer confidence index has dropped 2.2 per cent as a result of the rapid spread of the Omicron variant.
Woolies HY one of the ‘most challenging’
Woolworth says its stock flows and operating rhythm were rocked by the Delta coronavirus scare in the first six months of fiscal 2022.
Woolworths has one of its worst half-years
Woolworth says its stock flows and operating rhythm were rocked by the Delta coronavirus scare in the first six months of fiscal 2022.