Canny shoppers are seeking value for money to combat falling house prices and shrinking superannuation funds, Wesfarmers boss Richard Goyder says as his conglomerate posts an 11 per cent lift in fu
Westfield has lifted its first half profit by nearly a third and says it will boost investment in its better-performing Australian shopping centres to drive earnings further.
Westfield has confirmed it is in talks with financial services group AMP about a possible split of the multi-billion dollar shopping centres they own and manage.
Struggling department store operator Myer has appointed Paul McClintock as a non-executive director and chairman-elect, after current chairman Howard McDonald decided to stand down.
Unsecured creditors of school supply business Wooldridges, which collapsed last week with $50 million in debt, are likely to receive less than 10 cents in the dollar.
The competition watchdog says it is making progress in investigating whether major supermarket chains abuse their market power in dealings with suppliers.
Australians are paying almost twice as much as US shoppers for some computer games because the IT industry discriminates, consumer watchdog Choice says.
The head of one of Australia's retail giants fears there is no end in sight to the nation's consumer gloom, despite its flagship Coles supermarket boasting a hefty full year sales increase.
Australia’s oldest family-run business Lionel Samson Sadleirs Group along with MG Kailis Group and footwear retailer Betts Group have been made the inaugural inductees into Family Business Australi
Truck drivers are rallying outside Coles stores across the country calling for the retailer to be held to account for pressuring truckies and causing accidents.
Shares in troubled surfwear retailer Billabong have surged by more than 20 per cent after it received a second takeover offer from US private equity firm TPG.
A bitter industrial dispute at a Coles Melbourne warehouse may be close to an end as workers vote on a new deal brokered between the union and management.
Supermarket private label product sales have grown by an enormous 85 per cent in the past five years and will account for a quarter of the $86 billion Australians spend on groceries in the next yea
Supermarket operator Coles says the retail landscape is getting more competitive as big overseas retailers move into the Australian market, but Coles won't be expanding internationally at this stag
Struggling department store Myer is shedding 100 jobs in its latest attempt to shave costs during the toughest trading conditions in a quarter of a century.
Traditional shopping centres will feel the squeeze over the next decade as shoppers demand more attractive experiences and increasingly move online, a property report shows.
