Latest Department Stores News - Inside Retail Australia

Woolworths increases profit by 12.5 per cent

Woolworths Group’s total sales rose to $56.7 billion for the period.

Macy’s sales slide in Q2

The department store’s sales dipped in the quarter, but grew in the half.

Wesfarmers net profit falls 58.3 per cent

The result is largely due to the Bunnings UK divestment.

Sports Direct owner rescues House of Fraser

British billionaire Mike Ashley’s Sports Direct has rescued House of Fraser, after the department store chain failed to come to an agreement with creditors.

Myer faces Federal Court over misleading forecasts

Multi-million dollar class action begins.

DFO sales up 70 per cent over eight years

Retail outlets attract 17 million customers annually.

Seeing red

Selfridges copped backlash when it opened its Christmas shop last week. But was the move desperate, or clever?

Consumer habits and e-commerce hurting retail

New report predicts next 10 years will see modest retail turnover growth.

SCA profit falls by 45 per cent

Discount department stores and supermarkets sales improve despite profit slump for landlord.

Retail spending up, online spending slows

Latest reports by the ABS and NAB suggest consumer confidence is returning.

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