Retail

Woolworths will write-down the value of 13 of its CBD stores by about $50 million as they struggle for sales with fewer office workers nearby.

A COVID-19 restructure supercharged T-shirt business Oli’s evolution.

Woolworths is facing legal action for allegedly underpaying managers, with the workplace watchdog hunting more than $710,000 in outstanding back pay

Investors have abandoned the Shaver Shop Group after its full-year earnings forecast failed to match expectations.

Two Perth businesswomen are building a premium global retail operation, helped by an impressive network of advisers and investors.

Retail spending will drop 1.4 per cent in WA in the financial year ahead, Deloitte expects.

Premier Investments has raised its full-year retail earnings forecast by about 90 per cent after booming sales this year.

Woolworths' takeover of distributor PFD Food Services will go ahead despite concerns the move will eventually lead to fewer workers in the industry.

Telecommunications provider Vonex is set to gain more than 5,000 new customers through a deal with Sydney-headquartered MNF Group.

Western Australia’s domestic economy grew substantially in the March quarter, as the country continued a strong bounceback from the pandemic recession.

Lord Mayor Basil Zempilas has hinted he believes Yagan Square has design flaws, after the precinct suffered a wave of closures.

The owner of Forrest Chase has launched legal action against the City of Perth, seeking a court order which would force the vacation and demolition of Bocelli's Espresso in Forrest Place.

Supply chain issues have been a feature of the COVID-19 global economy and have been disrupting business activity for some time, constraining business potential and operations.

A looming courtroom battle between the founders of accessories brand The Daily Edited has been avoided after the pair reached a settlement yesterday.

Retail magnate Solomon Lew's Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer funds.

Hardware giant Bunnings has been crowned Australia’s top online retailer while four other Wesfarmers-owned businesses have been listed in the top 10.

Woolworths has posted a slight increase in group sales for the third quarter, but food sales declined as trading returned to normal after a surge in coronavirus spending last year.

The owner of chains such as Peter Alexander and Just Jeans has announced a new retail chief executive after incumbent Mark McInnes decided to step down.

Perth consumer prices rose 1.4 per cent in the March quarter as electricity bill relief was used up by households and petrol prices jumped.

Supermarket giant Coles' third-quarter sales slipped 5.1 per cent as trading normalised compared with last year's pre-lockdown stocking.

Clothing chain Glue Store has been sold in a $13 million deal to Accent Group, which owns retailers such as The Athlete's Foot, Dr Martens and Supra.

Retail spending across Australia jumped 1.4 per cent in March, stronger than the 1 per cent increase expected by economists.

Mexican chain Taco Bell have confirmed plans to open in Perth, with a restaurant in Midland to launch later this year.

Woolworths Group has invested a further $223 million in Sydney-based Quantium, taking its stake in the data firm to 75 per cent.

Watches of Switzerland has followed in the footsteps of Louis Vuitton and Tiffany & Co and has made the move from King Street to Raine Square.

Work to improve access for vendors at Yagan Square will get under way within weeks, new Lands Minister Tony Buti says, after the precinct suffered a wave of closures.

Investors in Westfield-owners Scentre Group have served a 'first strike' on executives' pay, after the company leaders produced a full-year loss and reduced final dividend.

Retail sales dropped 5.4 per cent in Western Australia in February, about seven times more than the national average fall.

The founders of Australian bespoke accessories brand The Daily Edited are locked in a court battle over hundreds of thousands of dollars' worth of personal expenses that were booked up to the business.

Premier Investments, owner of retail chains including Peter Alexander and Just Jeans, has defended not repaying $15.6 million in JobKeeper assistance after reporting an 88 per cent profit increase.

Snap lockdowns due to the coronavirus pandemic in Perth and Melbourne drove a fall in retail turnover in February.

Retail spending could grow 10.6 per cent this financial year in Western Australia, Deloitte forecasts, nearly double the national rate.