Despite its total group sales revenue rising by 3.4 per cent from $9.7 billion to $10 billion in the March 2024 quarter, Coles Group chief executive officer Leah Weckert is acutely aware that customers are minimising their discretionary spending.
Vacuum cleaner retailer Godfreys will shut its 13 stores in Western Australia among the mass of closures after no suitable buyers prevailed to save the troubled business.
Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year.
ASX-listed Joyce Corporation generated $73.1 million in the first six months of the 2024 financial year, up 6 per cent from the prior corresponding period.
Wesfarmers is preparing to sell spodumene into the market but doesn’t expect to make a profit, as it continues to ramp up its Mt Holland lithium asset.
Retail magnate Jim Kidd’s passing at the age of 70 leaves a 44-year-old sporting goods chain that has survived some of the toughest challenges the sector has faced.
An interested party has submitted a proposal for financially troubled Catalano Seafood, as administrators from McGrathNicol tally its multi-million-dollar debts to creditors.
Western Australian retailers are pleading for a hardline crackdown on workplace attacks amid shock new data that reveals most shop attendants no longer feel safe at work.
Administrators have been appointed to diamond dealer Macabi Diamonds owned by Yoni Levy who saved prominent jewellery store Rosendorff from receivership in 2019.
The nation's retail turnover rate rose by 0.5 per cent in July while Western Australia recorded a fall of 0.4 per cent, according to the Australian Bureau of Statistics.
A fruitful year for Kmart and WesCEF have helped Wesfarmers post a solid result for 2023, as the conglomerate gears up for its first sales from lithium outfit Mt Holland next year.
Cash-strapped Australians are hunting multiple supermarket aisles in search of bargains amid a post-COVID cost-of-living crisis which has seen significant belt tightening by mortgage holders and rente
Western Australian jeweller Solid Gold Diamonds has debuted a $2 million piece containing one of just 12 deep pink diamonds unearthed from Rio Tinto’s closed Argyle mine.
The managing director of the WA conglomerate has told a forum in Sydney that Wesfarmers is open to more ‘bolt-on’ acquisitions following a string of expansion projects.
