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Oct retail flatlines despite RBA rate cut

Retail flatline further evidence consumers have banked recent stimulus.

Collins Foods HY profit rises 9 per cent to $24m

Result boosted by 4.9 per cent rise in same-store sales at KFC Australia.

LVMH to buy Tiffany for $16.2 billion

French luxury giant says it has reached a deal to buy US-based jewellery legend Tiffany & Co.

Metcash shares hit by lost 7-Eleven deal

7-Eleven won’t renew its contract with the food and beverage distributor.

Store upgrades, 15 new sites for City Chic

Plus size clothing retailer says it plans to open 15 new Australian outlets within three years and expand the format of 15 existing stores.

AuMake pivots to sell to Asian tourists

AuMake expects higher returns by focusing on Asian tourists visiting Australia

Australian workers underpaid $1.35 billion every year

Data shows 13 per cent of the workforce are affected by entitlement underpayments.

Afterpay live on eBay Australia in 2020

The deal will be Afterpay’s largest online arrangement in Australia.

Flight Centre says Q1 was challenging

Profit for the first quarter well down on the same time last year.

Private sector workers worse off: study

The Centre For Future Work found private sector workers could be thousands of dollars worse off under employer-proposed work law reform.

Tasmania overtakes NSW in economic stakes

NSW falls from second to third behind Tasmania in CommSec’s quarterly State of the States economic momentum rankings.

LVMH group offers to buy Tiffany

Louis Vuitton owner LVMH approached Tiffany & Co with an acquisition offer.

Rockpool accused of ‘audacious’ wage theft

Dining group accused of tampering with time-sheets to cheat chefs out of wages.

David Jones to sell Melbourne CBD frontage

Retailer will sell part of its Bourke Street Mall frontage and revamp sister site.

Aussies spend big shopping on social media

Aussies are spending more than $16 billion a year shopping via social media, new research says.

NT Harvey Norman customers repaid $1.5m

Harvey Norman worker falsified information to sign up indigenous people to large debts.

Criminalise wage theft: ex-ACCC head Fels

Hurry up and criminalise wage theft, former ACCC head tells Canberra.

Costs hidden from potential franchisees

Would-be food franchisees are not being given the full picture before they buy into a business: ACCC.

SA names first plastic-free precincts

SA government names the first retail areas which will commit to eliminating single-use plastics such as straws and cutlery.

US retail sales up solidly

Healthy US retail sales a sign of consumer confidence.

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