Kikki.K plunges into receivership, citing “perfect storm” of factors
Australian stationery business Kikki.K has fallen into voluntary administration, with co-founder Paul Lacy blaming a "perfect storm" of factors.
Coronavirus update for business: Kogan’s top-selling toilet, waiting for stimulus, and is the US in recession?
Small businesses wait on the government’s coronavirus stimulus, the US economy may already be in recession, and Kogan’s surprising top-selling toilet seat.
Sales for Australian toilet paper brand Who Gives A Crap take off in the UK, following massive demand at home
Australian ethical toilet paper brand Who Gives a Crap is seeing its sales take off in the UK, following a massive influx of demand in Australia.
Spotlight to offer Harris Scarfe lifeline, but uncertainty remains for stores and staff
Prominent department store chain Harris Scarfe looks set to emerge from receivership, with the Spotlight Group given exclusive rights to buy the collapsed business.
Gerry Harvey predicts more Australian retailers are set to collapse
Australia should expect to see more retail brands collapse this year, according to high-profile retailer Gerry Harvey.
Hiding behind contagion: The companies and sectors blaming coronavirus for bad business
The virus is definitely having an effect on business, but it's also something that can be conveniently pointed to in a press release.
“Scared to even sign a lease”: Retail veteran says tenants facing unprecedented challenges as coronavirus, weak trading take toll
A 40-year leasing veteran says he's scared to even sign a retail lease at the moment as uncertainty over coronavirus and weak retail conditions take a toll.
“On standstill”: Businesses face coronavirus uncertainty amid warnings the economic fallout has just begun
The economic fallout from the coronavirus outbreak is spreading across Australia and business owners face unprecedented supply chain uncertainty.
Behind the headlines: Why retail, hospitality and franchising businesses are really shutting shop
"It’s no wonder so many hospitality businesses are going to the wall. There's just no money left over after everyone has been paid."
Kaufland asks for help to sell off Australian retail sites
German hypermarket Kaufland is reportedly preparing to sell some of its prime retail locations across the country, after deciding to quit Australia.
Competition watchdog sounds warning over Bunnings merger with Adelaide Tools
The ACCC is concerned Bunnings’s proposed acquisition of Adelaide Tools could lead to a lack of competition in the hardware market.
“Fundamentally flawed”: Big business manipulating BCA supplier code
Small business ombudsman Kate Carnell has called for the BCA's supplier payment code to be scrapped, saying big firms are manipulating and shirking promises.