The post-GFC hangover plaguing Australia’s retail sector has been highlighted again today with Myer posting weaker-than-expected sales figur…
The post-GFC hangover plaguing Australia’s retail sector has been highlighted again today with Myer posting weaker-than-expected sales figur…
It’s estimated that there are around 200,000 loyalty programs operating in Australia, which makes it extremely difficult for a business to…
Four months on from its listing and still around 14% off the asking price. Even though it has met expectations so far, Myer has still got it…
Department store giant Myer has said it expects to meet its full-year earnings guidance after recording a 38% increase in first-half net pro…
Retailers are feeling the pinch, laying off workers and discounting heavily to help defend themselves against lower-than-expected sales figu…
In an unexpected development, retail turnover decreased by 0.7% in seasonally adjusted terms during December following a 1.5% increase in No…
There’s a great story in the Wall Street Journal today about how US retailing giant Wal-Mart is throwing down the gauntlet to the run-away g…
Department store giants Myer and David Jones have both brought forward post-Christmas sales in an effort to draw in customers ahead of a sha…
Overseas private equity investors may start to become nervous about Australia’s tax obligations and begin to move their money elsewhere, pot…
The Australian Taxation Office is chasing private equity company Texas Pacific Group with a tax bill of $452 million, part of the proceeds f…
It’s one of the great challenges for retailers – how to build a bridge between the tech-savvy customers who spend hours researching on the w…
The retailers have come out in force today, with department store giants Myer and David Jones both reporting their first quarter results. …