The agreements with Google and Microsoft provide for the increased adoption of a range of technologies, notably those enabling the AI agents now helping time-poor and tech-savvy shoppers find the best deals.
Sean Smith
Furniture retailer Nick Scali has reaped the benefits of higher consumer demand for big-ticket items like couches and dining tables to notch up a 36 per cent surge in half-year profit.
Cheyanne Enciso
Australia’s largest barbecue and outdoor furniture retailer has gone bust, entering voluntary administration on Thursday.
Blair Jackson
Receivers from global advisory firm Ankura were put into Barbeques Galore on Thursday by the company’s secured creditor after directors appointed administrators from Grant Thornton.
Home appliances maker Breville says its ‘mitigation efforts’ against Donald Trump’s punishing tariffs have helped it deliver a double-digit revenue growth in the half-year.
Struggling pizza giant Domino’s has tapped former McDonald’s Australia and New Zealand boss Andrew Gregory to take on the top job after Mark van Dyck’s abrupt exit.
Plans for a $200 million business park in Henderson will form the retail and hospitality heart of the Australian Marine Complex.
Kim Macdonald
Penfolds owner Treasury Wine Estates will repurchase stock from a key US distributor as it settles a dispute that stemmed from Republic National Distributing Company closing operations in the California market.
Australian vintner Treasury Wines Estates has reached a settlement with a major US distributor that had decided to stop operating in the lucrative California market.
Ben Westcott
The brand has become a staple in WA shopping centres since it opened the doors to its first location in 1975.
Tegwen Bescoby
Household spending unexpectedly declined in December, with the outlook for the year ahead gloomy after the Reserve Bank of Australia hiked interest rates last week.
Gold prices have surged 70 per cent in the past year, with a high-profile Aussie jeweller advising buyers to do this one thing.
Cameron Micallef
Coles has refused to say whether it will walk away from its proposed acquisition in Kalgoorlie or cough up more than $800,000 after hitting a roadblock from the competition regulator last month.
Its plan comes as the Australian Retailers Association used a Federal Government submission to warn that ‘escalating retail crime is undermining business viability and worker safety’.
Amazon's 4Q results come as the company is slashing about 16,000 corporate jobs in a second round of mass layoffs.
Staff Writers
Yum Brands, the parent company which owns Pizza Hut in the US, says it is targeting underperforming restaurants in its system.
The owner of Australian menswear brands Tarocash and Connor has become the latest retailer to call out softening sales during the crucial Christmas trading period, warning it has extended into the new year.
An appeals body has overturned a 2024 decision by the Privacy Commissioner, ruling the hardware giant “was entitled to use FRT for the limited purpose of combating very significant retail crime”.
Myer has unveiled plans to revamp a store in WA at the same time the retailer announced it would shut a Sydney location.
Australian spirit drinkers can now expect to pay more for their drinks under a new tax, but draught beer drinkers have been given temporary relief.
Rhiannon Lewin
Outdoor clothing brand Kathmandu was the star performer for KMD Brands in the five months leading up to Christmas, with the parent company tipping stronger half-year earnings despite heavy discounting.
There will be no surprises from Australian retailers during the February reporting season, according to a major analyst, with results tipped to be in-line with expectations.
Australia’s consumer watchdog says Coles’ acquisition of a supermarket and liquor store in Kalgoorlie will require further review, warning it could substantially lessen competition in the regional town.
Myer claims it is simplifying middle management by cutting senior positions at the portfolio of clothing brands it acquired from Solomon Lew’s Premier Investments.