Retail
Drinks giant Endeavour cheers profits as Australians flock to pubs, pokies
Consumers keep heading out to bars and bistros despite the rising cost of living, but the drinks retailer warns its recent double-digit growth can’t continue.
- by Jessica Yun and Amelia McGuire
Latest
Charter Hall, Region boosted by food as apparel demand wanes
Signs are emerging that shoppers are tightening their belts as retail landlords warn the rate of sales growth has dipped as the cost of living pressures increase across their apparel and more discretionary-style tenants.
- by Carolyn Cummins
Temple & Webster bears the brunt of spending slump
The Millennial-focused furniture retailer is sticking to its script despite a hefty hit to its full-year profit as customers switch to budget-friendly options.
- by Emma Koehn
Australia Post recognises need for speed with new parcels offer
A next-day delivery service from the national postal carrier will allow retailers to deliver to metro areas faster.
- by Emma Koehn
Grocery prices under scrutiny as supermarkets tipped to surge
Coles and Woolworths are expected to show their resilience when they report 2023 numbers, but analysts will be watching for signs of slowing growth.
- by Emma Koehn
The new boss of Maggie Beer’s food company is ‘reimagining what it could be’
Kinda Grange, the new chief executive of Maggie Beer Holdings, will have to convince consumers to buy premium food products amid a cost of living crisis.
- by Jessica Yun
The secret high-tech ways supermarkets are watching you
Retail theft is on the rise, leading supermarkets to invest in tools incorporating artificial intelligence, surveillance tags and trolley locking technology.
- by Amber Schultz
Furniture and fashion shine bright despite the cost-of-living crunch
While consumers are trading down to more budget options in some retail areas, others are holding up well.
- by Emma Koehn
Amazon’s robot army is headed to Melbourne
The retail giant has revealed plans for Australia’s largest warehouse as it banks on the continued growth of online shopping despite the cost-of-living crunch.
- by Emma Koehn
Opinion
Opinion
Why taking the top job at Myer could be a career killer
Myer’s largest shareholder, Solomon Lew, is now the company’s kingmaker. And in this case, (John) King replacer.
- by Elizabeth Knight
Myer shares dive as customers shut their wallets
Australia’s biggest department store Myer says its sales growth has almost ground to a halt over the past six months as consumers feel the cost-of-living crunch.
- by Emma Koehn