The supermarket price wars seem far from over, with Wesfarmers chief Richard Goyder looking to increase Coles' sales and cut costs further after reporting a higher first-half profit today.
The City of Fremantle moved a step closer to kicking off works on a $220 million revamp of King’s Square, with the council approving a plan put forward by development group Sirona Capital at a spec
Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $371.4 million deal with property fund manager ISPT.
Shares in JB Hi-fi have soared by more than 15 per cent after the electronics retailer announced it had lifted its first half profit by three per cent.
Motorists can expect further price rises at the petrol bowser over the next couple of weeks, reflecting rising world oil prices, Commonwealth Securities says.
Retailer Kathmandu has shrugged off the tough retail outlook by sharply upgrading its profit forecast, as shoppers' enthusiasm for travel and adventure remains strong.
Maternity and children's retailer Mothercare Australia has gone into administration after the Myer family pulled the pin on a deal to buy the business.
Wesfarmers has lifted sales in all its retail businesses in the first half of the financial year, with the strongest growth coming from Coles and Bunnings.
The owners of Australia's dominant supermarket chains are fighting for supremacy among the world's largest retailers after Wesfarmers joined rival Woolworths in the world's top 20.
A surprise fall in retail sales in November due to a drop in spending on discretionary items does not necessarily mean an interest rate cut in February, economists say.
The popularity of online shopping has continued its surge among Australians, with online retail sales growing 27 per cent in the year to November 2012.
Businesses may get that sales boost they've been begging Santa for after all, with a new survey showing a rise in consumer spending ahead of Christmas.
Shares in struggling surfwear retailer Billabong have dived almost 15 per cent after it downgraded its earnings guidance and said it was considering a fresh $527 million takeover bid.
Australian consumers are downbeat heading into Christmas, despite the Reserve Bank of Australia's decision to cut the cash rate to its lowest level in three years.
Shopping centre owner Centro Retail Australia is changing its name just 12 months after a massive company overhaul that kept the once debt-laden company afloat.
AMP Capital has announced a $105 million redevelopment of the Ocean Keys Shopping Centre at Clarkson, after appointing Built Environs as builder of the project.
