Retail

Lew accepts Woolworths' Country Road offer

by AAP
Retail veteran reaps $210 million from stake sale to new David Jones owner.

Woolworths' head of transformation departs

Veteran employee Julie Coates leaves the retailer.

Flight Centre flags profit growth

Group says most travelers opting to maintain bookings with Malaysia Airlines, or other carriers.

FIRB clears Woolworths' Country Road bid

South African retailer's takeover offer now unconditional, offer to close August 11.

Amazon widens second-quarter loss

Sales jump fails to lift e-commerce giant to profit in second quarter.

Woolworths cautioned on ‘bank’ claims

APRA warns supermarket chain on ‘bank’ term, stops short of punishment: report.

Ex-Woolworths exec to lead Wal-Mart US

Greg Foran takes reins as head of US operations for world's largest retailer.

Cameron's DSG to shed 1300 jobs

by AAP
Discount retailers Crazy Clark's, Sam's Warehouse continue to close stores.

The political cost of Germany's uber-competitiveness

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The frugal and efficient mentality that has driven Aldi's retail success also drives Germany's attitudes towards economic policy, but it is winning the nation few friends in the eurozone.

Woolworths would have walked rather than pay over $4: Cairns

David Jones chairman defends price of takeover.

DJs chairman was ‘unconcerned’ by Lew’s stake

Gordon Cairns says he thought it was unlikely that Solomon Lew would block the Woolworths bid.

Ex-Woolworths CFO joins Stockland

Property group to add Tom Pockett to its board of directors from September 1.

Tesco chief quits after profit warning

by AAP
Britain's biggest retailer warns first-half profit, sales will miss expectations.

Why the price for Country Road is right for Woolworths and Lew

New independent expert analysis suggests any 'collateral benefit' received by Solomon Lew for his stake in Country Road may be more muted than previously thought.

Customers vent anger after CatchOfTheDay takes 3 years to reveal data breach

The daily deals website admits credit card information of some customers was compromised back in 2011.

Country Road bid a premium: expert

Independent expert says deal is reasonable, above fair value of target's shares.

Crown, China’s Greenland team up for casino bid

Crown and Greenland want to jointly develop a luxury integrated resort in Brisbane, including a six-star hotel and casino.

Australia's APX bourse eyes China-based retailer IPO

The Asia Pacific Stock Exchange says it is an alternative to the Shanghai and Shenzhen stock exchanges and has targeted ten listings in its first year.

Facebook tests new "buy" button

New services will let consumers purchase products that are advertised on its social network.

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