Tag: Retail
Myer staying on but site unclear
Hobart City Council aldermen have met Myer executives to discuss the future of the retail chain's city site. [MORE]
Government meeting fails to woo Newcastle developer
The New South Wales Government and Newcastle Council have agreed to work together to revive the city centre in the wake of retailer GPT scrapping its $600 million CBD redevelopment.[MORE]
Retail and building bounce offset stagnant lending
A surprise bounce in retail sales and building approvals has boosted optimism about Australia's economy on financial markets.[MORE]
GPT to meet ministers over scrapping development
The Hunter Business Chamber is calling on the New South Wales Government to commit to funding major transport and infrastructure projects in Newcastle at its meeting with the retailer GPT.[MORE]
DJs sex case widens
A $37 million sexual harassment claim against retailer David Jones could be expanded to include complaints by other staff.[MORE]
David Jones sex case returns to court
A $37 million sexual harassment claim against David Jones and former boss Mark McInnes returns to the Federal Court today.[MORE]
Will internet kill the video store?
Video might have killed the radio star according to the 1980s hit, but will high-speed broadband kill the video store?[MORE]
Harvey Norman profits despite year of 'two halves'
Furniture and electronics retailer Harvey Norman has announced an 8 per cent increase in its full-year profit.[MORE]
Woolworths wows with profit and share buy-back
Woolworths has posted a 10.1 per cent surge in profit to a record $2 billion.[MORE]
Gap plans Australia roll-out in Asia push
Feature
US clothing chain Gap plans to open 10 to 15 stores in Australia over the next three years as part of a big push in Asia to offset soft sales at home. [MORE]
Opposition questions Premier's light rail plan for Newcastle
The New South Wales Opposition is calling on the Premier to immediately release the Government's future transport options for Newcastle, including its light rail plan.[MORE]
Retailers devastated as GPT pulls out of development
The decision by property group GPT to scrap its $600 million Newcastle inner-city development has come as a devastating blow for retailers who have been preparing for it to go ahead.[MORE]
GPT returns to profit
Property development firm GPT Group has managed to reverse its fortunes, turning in a half-year-profit of $145.2 million.[MORE]
Billabong shares slump on weak Australian sales
The surfwear retailer Billabong has announced a 4.5 per cent fall in its full-year profit because of flat sales, particularly in Australia.[MORE]
Banks agree to DFO lifeline
The Direct Factory Outlets (DFO) retail chain has avoided receivership after a deal was reached between its parent company and banks.[MORE]
Coles pork ban a raw deal, say farmers
Pork producers are maintaining their rage against the country's second largest supermarket chain Coles over its decision to stop buying fresh pork from farms which use sow stalls by 2014.[MORE]
Wesfarmers shares fall on slow profit growth
Mining, agricultural and retail conglomerate Wesfarmers' bottom line has risen slightly over the last financial year, but not enough to satisfy shareholders. [MORE]
Hobart airport DFO still on radar
A proposed direct factory outlet at Hobart Airport looks set to go ahead, even if the developer Austexx is placed in receivership.[MORE]
DJ's sales 'uninterrupted' by McInnes departure
David Jones has increased fourth quarter sales compared to the same period last year, and says the worst of the downturn appears to be over.[MORE]
Westfield surges back to profit
Shopping centre operator Westfield has turned around its fortunes, with a profit of $961 million dollars for the six months to the end of June.[MORE]
ACCC boss exits NAB-AXA call on conflict
The ACCC chairman Graeme Samuel has recused himself from deliberations over NAB's proposed takeover of AXA Asia Pacific due to potential conflicts of interest.[MORE]
Extended shopping hours one step closer
Legislation allowing the partial deregulation of WA's retail trading laws has passed through the Lower House of State Parliament.[MORE]
Retailers to fight workplace ruling
Retail employers will today start their fight against a ruling that has stopped them from reducing the minimum shift for casual workers.[MORE]
Crunch talks over DFO receivership
The ACCC's chairman Graeme Samuel is understood to be in last-minute talks over the possible loss of a large portion of his wealth.[MORE]
Retailers back Cabinet representation
Tasmania's retail sector has joined national calls for better representation for small business in Federal cabinet. [MORE]
