Retail

Costco chasing $1bn in Aust sales

US warehouse retailer expecting to hit $1 billion in sales next year: report.

Vacuum seller Godfreys lowers float price

Vacuum retailer IPO priced 9.6 times forecast profit after institutional bookbuild yesterday.

Kathmandu warns on H1 earnings

Retailer delivers strong lift in YTD sales, says first-half profit highly dependent on Christmas period.

SurfStitch pitching at discount to peers

SurfStitch, the world’s biggest online sports retailer, has been earning a tick from investors during its IPO road show.

Myer bangs the online GST drum again

by AAP
4 comments
Myer chairman Paul McClintock has again taken a swipe at GST laws, saying they are unfair and harming trade.

Billabong faces stiff challenges in Americas

Global surfwear brand says difficulties will weigh on short-term results.

Myer wants GST loopholes closed

Myer says GST exemptions 'unfair', backs trading hour deregulations, expects sales growth in FY15.

Wesfarmers eyes agricultural investments

by AAP
Goyder declines to comment on Elders, declares special dividend following share consolidation scheme approval.

Wesfarmers says Coles on 'very good' terms with suppliers

Wesfarmers chairman says Coles has strengthened its code of conduct, set up dispute resolution process for suppliers.

Click Frenzy lives up to the hype with big sales spike

The days of Click Fail might finally be over with Click Frenzy sales up almost 30 per cent from 2013.

ACCC clears PacBrands workwear sale

Consumer watchdog won't oppose Wesfarmer's $180m acquisition of King Gee, Hard Yakka brands.

Woolworths, Caltex in fuel shake-up

Companies agree to change terms of fuel network, Woolworths sees no impact on profit.

Target rebounds in third quarter

by AP
US retailer reports strong profit result after data breach pain earlier in the year.

Christmas spending to fall in 2014

by AAP
CommBank survey forecasts average spend per person $37 below 2013 numbers.

Big retailers slam ‘effects test’

Australian National Retailers’ Association hits out at plans for ‘effects test’: report.

H&M launches eight new online markets

Swedish fashion retailer to expand online offering to a total 21 countries.

Pacific Brands offloads Brand Collective assets

Anchorage Capital, PAS Group, Sports Direct snap up sections of footwear and sport businesses.

Virgin strikes Velocity deal with BP

Virgin Australia’s Velocity Frequent Flyer business has followed the lead of the nations’ retailers by striking a direct partnership with fuel seller BP.

Pacific Brands confirms sale talk

Clothing group is discussing a sale of Brand Collective business, owner of Volley and Hush Puppies labels.

Starbucks' Dutch tax deal may be illegal: EU

Investigation opens to door to possibility of huge tax back payments.

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