Posts tagged "retail"

The e-commerce boom has caused big names like Myer to pivot to digital as annual online sales topped $50 billion.

The temporary moratorium on insolvent trading has led to a drop in the number of insolvencies, but financial experts believe that is about to change.

Retail sales sank 1.1% in February in a weaker-than-expected result, with consumers spending less following post-pandemic splurging.

Woolworths and PFD Food Services have proposed a series of undertakings to the competition watchdog in order to secure clearance for a deal that would see Woolworths take a majority stake in PFD. 

The Babies 'R' Us brand will be re-launched as an online-only retailer in coming weeks.

US fitness and technology retailer Peloton will bring its Peloton Bike and Bike+ products to Australia later this year.

COSBOA and the ACTU are jointly supporting changes to the retail award, which will allow more than 1 million part-time employees to work extra shifts without receiving penalty rates.

Fast-growing secondhand marketplace Poshmark has launched in Australia, one month after listing on the NASDAQ. 

Adairs will return $6.1 million in JobKeeper payments to the federal government after recording an increase in profits for the first half of the 2021 financial year.

David Zahlan gets no shortage of advice from people telling him how to run Alexanders. But he ignores it all.

Furniture retailer Nick Scali will give back $3.6 million in JobKeeper wage subsidies it received in the current financial year. 

The announcement of Western Australia's snap lockdown saw panic-buying emerge once again, but any induced shortages will be short-lived.