Retail

Food supplier code lacks Metcash backing

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Government proceeds with proposed food industry code despite Metcash refusal to sign.

Umbers to succeed Brookes as Myer CEO

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Retail giant unveils new look executive team as Bernie Brookes, CFO Mark Ashby exit.

Scentre steps up mall sales

Mall owner fast-tracks the sale of four NZ centres that have a combined value of $NZ760m.

Business leaders turn on Abbott

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John Hartigan says PM cannot recover, political uncertainty hurting the economy.

Woolworths shares slide on guidance cut

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Retail giant cuts full-year net profit forecast, announces senior executive reshuffle.

Property boom buoys Harvey Norman

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Home goods retailer says low interest rates support business, increases H1 profit.

The make-or-break challenges inside Woolworths

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The retail giant is struggling to hold onto the competitive edge of its supermarket business, and its foray into hardware remains a DIY disaster story.

Red ink still flowing at Masters

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Woolworths stabilises losses at hardware chain, stores still losing $54,000 a week on average.

Westfield mulls NY, London move

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Analysts believe Australian retail property company will seek a New York listing.

Fantastic issues special dividend

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Furniture retailer Fantastic raises interim payment after lifting half year profit 43%.

Billabong swings to H1 profit

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Surfwear company returns to profit for first time in 3 years as it benefits from restructuring.

Masters still a drag on Woolworths

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Woolworths' Masters home improvement business posts quarterly loss of $36m.

The hidden gems of the retail sector

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Some CEOs have found that consumers are opening their wallets again – for the right price.

Lego books 10th straight record FY profit

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Family-owned toymaker posts 15 per cent lift in net profit, expands product lines.

The signs of success in Westfield's restructure

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The Lowy family's controversial decision to split the empire into two separate entities has been vindicated.

Gloria Jeans owner hits record H1 profit

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Retail Food Group lifts FY guidance on back of 46% increase in underlying H1 profit.

Westfield lifts half-year profit

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Property group upbeat about full-year funds from operations after Scentre demerger.

Woolworths eyes sales from eBay deal

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Retailer expects a third of customers who pick up eBay purchases to buy groceries.

Specialty Fashion H1 profit slumps

by AAP
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Retail group suffers 64% slide in interim profit due to problems with recently acquired Rivers chain.

Noni B posts $2.4m half-year loss

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Embattled fashion chain Noni B shakes up board as it steers through troubled times.

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