Retail

Our Apple addiction is sending its profits sky high

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Apple has hit on a brilliant business model that exploits the willingness of customers to pay a premium for its products.

Kogan turns sight to grocery wars

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Online retail disruptor looks to shake up the multi-billion dollar grocery market with Kogan Pantry

Rising rents put the squeeze on local retailers

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Not only are global retail behemoths beating local retailers on product range and prices, they're also pushing them out of prime locations.

Second-tier Westfield asset sales tipped

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Fund manager expects another restructure with second-tier US malls to go.

Alibaba profit plunges in December quarter

by AFP
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Chinese giant it by one-off charges, sales soar.

Palmer toppled from Forbes 50 rich list

by AAP
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Plunging commodities prices hit the wealth of Palmer, Rinehart, Forrest.

Retail spending growth to slow in Q1

by AAP
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Latest forecast suggests retailers will be hit by softer spending growth in early 2015.

China shopping centre construction set to soar

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China to build an additional 7,500 shopping centres by 2025: Deloitte and Chinese Franchise Association.

China business news digest

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State media say 2015 will be a crucial year for pushing ahead with reforms. Are major changes to SOEs on their way?

Focus on weekend prices, not wages

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Instead of letting the perfect drive out the good with overambitious IR reform, the government and businesses should find a way to offset the impact of weekend penalty rates.

The death of the book has been greatly exaggerated

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Against all expectations, the printed book looks set to dominate total book sales in 2015.

Funtastic flags H1 earnings loss

by AAP
Toys, sporting goods distributor expects a first half loss of up to $4.5m.

The battle for the discretionary dollar

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As salaries stall and retailers scrap it out for a share of the consumer dollar, Asian investment in Australian real estate appears to be our only source of optimism.

UK retailers post record Xmas sales

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December caps of strongest year for sales in a decade, boosting hopes on consumer demand.

Kathmandu announces new CEO

Xavier Simonet, current chief of global brand Radley, appointed head of Kathmandu.

Reject Shop warns of disappointing H1 result

Reject Shop carries losing streak into new year, flagging poor first-half results.

Ian McLeod leaves Wesfarmers for Bi-Lo

Wesfarmers commercial director resigns after accepting CEO role at Bi-Lo Holdings.

EBay profit jumps, cuts 2400 jobs

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E-commerce giant to make 7 per cent of its workforce redundant despite 10 per cent lift in Q4 profit.

MigMe seeks to replicate Alibaba's success

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Singapore-based social media firm buys e-commerce site to take advantage of online retail growth.

Australia Post reforms are in Turnbull's sights

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Malcolm Turnbull’s determination to push ahead with his pre-election commitment to e-government will have the effect of fast-forwarding changes at Australia Post.

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