Supermarket giant Woolworths has been accused of using "brutal negotiations" to squeeze price cuts from suppliers to help fund a price war with rival Coles.
Hopes of a $1.65 billion takeover deal for David Jones have been dashed, with the mystery British private equity group behind the proposal making a quick retreat.
Australia's rate of inflation has fallen to its lowest level since the global financial crisis, a survey shows, giving the central bank room to cut interest rates further.
Pacific Equity Partners is to acquire Nestle's Peters Ice Cream business for an undisclosed sum as the international food business shifts its range away from refrigerated products in Australia.
Beleaguered grocery wholesaler Metcash is diversifying into the car spare parts business to help bolster its bottom line and will undertake a $375 million capital raising to help pay for the new bu
Australians are increasingly using technology to help them shop, with nearly 40 per cent having used a smart phone or an iPad to compare prices, research says.
The number of online orders to Australian businesses increased by almost a third during the 2010-2011 financial year, speaking volumes on the growing importance of internet sales.
Struggling surfwear retailer Billabong International is expected to fend off more takeover bids after its share price dived to its lowest level on record.
Western Australian retailers are preparing to open their doors on Sundays, after legislation ushering in historic changes to retail trading hours passed through parliament yesterday.
Troubled surfwear company Billabong has launched a $225 million fund raising venture and issued another profit warning amid tough trading conditions in the retail sector.
Interest rate cuts and federal government handouts will help retail spending grow at its fastest pace since the 2008-2009 global financial crisis, an independent forecaster says.
Sales at David Jones fell by about three per cent in the three months to April, and the retailer is gearing up for a big end of financial year clearance.
Retail property landlord BWP Trust has increased rents on three of its Bunnings Warehouse properties, including significant jumps for two in Western Australia, highlighting the strength of Perth’s