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Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?
During yesterday’s senate inquiry into supermarket pricing, G...
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Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace
Luxury online retail marketplace and dropshipping company Cettire (...
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Loyalty programs may limit competition, and they could be pushing prices up for everyone
Loyalty programs enable firms to offer significantly lower prices t...
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Sales downturn pushes Collette, The Daily Edited owner Marquee Retail Group into administration
Marquee Retail Group (MRG), the owner of fashion accessories brands...
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Premier Investments targeting spin-offs for Smiggle and Peter Alexander in 2025
Premier Investments (ASX: PMV), buoyed by another strong earnings p...
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Latest News
Founder-led Solution Underwriting acquired by UK insurance provider CFC
After 14 years in business and with 55 staff spread across four Aus...
Billionaire pubs baron Mathieson boosts holding in The Star back to nearly 10pc
Pubs baron Bruce Mathieson has taken advantage of a slump in The St...
Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning
"There is so much hype around AI. Let's just focus on...
IHG teams with Felix Capital for four-star Holiday Inn at Caloundra
IHG Hotels & Resorts has partnered with Sydney-based Felix Capi...
Construction and hospitality dominate insolvencies amid 36pc spike in administrator appointments
Whilst barely a fortnight goes by when a well-known Australian comp...
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Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?
Corporate Australia loves a big merger. And amid a growing flurry o...
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End of an era for Godfreys after administrators fail to find a buyer
It’s finally the end of the road for vacuum cleaner retailer ...
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Myer names former Qantas Loyalty boss Olivia Wirth as CEO to replace King
Myer Holdings (ASX: MYR) has announced a new position of executive ...
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Oz Hair and Beauty’s 10-store rollout taps into emerging ‘bricks and clicks’ retail trend
Australian retailer Oz Hair and Beauty is tapping into sustain...
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Sydney SPF skincare beauty brand Naked Sundays rolls out in 1,000-plus US Target stores
A founder-led Australian beauty brand that combines high-performanc...
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Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO
After being thwarted from taking on the top job at Best & Less ...
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Universal Store profit up 17pc on productivity gains despite inflationary pressure
Now with 100 stores to its name across several brands, Universal St...
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Scentre Group retailers post record sales in 2023 as foot traffic spikes
A sharp increase in foot traffic at Scentre Group’s (ASX: SCG...
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Woolworths CEO Banducci quits as supermarket giants under the microscope
Woolworths Group (ASX: WOW) CEO Brad Banducci has stunned the marke...
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Aussies waiting on hold for longer, costing the economy $1.28b, says report
The time spent on hold by Australians increased dramatically over t...
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Temple & Webster defies consumer downturn to post record $254m in sales
Online furniture and homewares retailer Temple & Webster (ASX: ...
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Booktopia cuts earnings guidance by $10.5m, prompting strategic review
While the rise of social media communities like BookTok may have pl...
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Cettire valuation surges by $370m after "strongest trading half" since IPO
Shares in Cettire (ASX: CTT) jumped 30 per cent in early trade this...
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Nick Scali’s shares surge after furniture retailer beats first-half profit forecast
Furniture retailer Nick Scali (ASX: NCK) has surprised the market w...
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Metcash to buy Superior Food in $559m distributor spending spree
The Australian foodservice distribution industry is set for its big...
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