‘Retail recession’: Small businesses respond to “super cautious” shoppers as turnover dips
Australian shoppers are now "super cautious" about their spending habits, one small business operator says, as the effects of long-running inflation and interest rate concerns lead some economists to declare a "retail recession".
How David Jones went from Australia’s top luxury retailer to the latest private equity pick-up
David Jones' South African owners Woolworths Holdings has agreed to sell the luxury retailer to Australian private equity firm Anchorage Capital Partners, eight years after splashing out $2.15 billion on the business and struggling to turn its fortunes around.
Online furniture retailer Brosa collapses into voluntary administration
Online furniture retailer Brosa has fallen into voluntary administration, after its rapid pandemic-fuelled growth slowed when COVID-19 restrictions lifted across the country.
Youth unemployment hits 44-year-low, putting retailers on notice ahead of the busy Christmas rush
Australia's youth unemployment rate has fallen to just 7%, new data shows, suggesting businesses reliant on junior staff may find it difficult to build their headcount ahead of the looming Christmas rush.
Booktopia co-founder Tony Nash chooses “better rather than bitter” after being pushed from CEO role
Taking to LinkedIn after the company announcement, Nash said being placed on "gardening leave for 6 months" after 26 years of company leadership is "a bit freaky for an obsessive entrepreneur".
Consumer behaviours will change post-pandemic. Here’s how your business can prepare
As consumers prepare to emerge, blinking into the post-lockdown light, what changes can we expect and how different will things be? Here’s how to get your business ready.
This buy-now-pay-later operator has conquered Europe — now its sights are set on Australia
So how did a simple business idea evolve into the largest fintech in Europe that is now disrupting the Australian market?
From e-commerce to private labels: The pandemic shopping trends that are here to stay
Online sales have surged due to COVID-19, with Australians spending a total of $27.9 billion online from September 2019 to August 2020.
Three reasons 2020 has benefited small Aussie retailers
This year has forced businesses and consumers online, paving the way for small retailers to take a larger slice of the pie.
Five ways small retailers can prepare for a very different Christmas season
There is no sugar-coating it. This year’s Christmas season is going to be unlike any that small businesses in Australia have seen before.
Retail in need of therapy: Why shopping centres might never recover from the COVID-driven fever of online purchasing
The impact of the coronavirus pandemic on consumers will affect the Australian retail industry for years. Here are three reasons why.
Accurate inventory and extended hours: Are dark stores the way of the future?
Dark stores combine the best of a store with a fulfilment centre so retailers can quickly fill orders as close to their customer as possible.
