Shoppers have been left disappointed, with some reporting empty shelves for ‘weeks’ in their local stores.
Continued losses in one division and low foot traffic in its stores could force the closure of some Australia Post outlets, its chief executive has warned.
The Federal Court of Australia has ordered one of Australia’s largest vehicle repair franchisers to pay the biggest fine issued over contempt of court in proceedings with the ACCC.
Retail sales have fallen to levels of September last year as under-pressure consumers pull back from shopping amid the cost-of-living squeeze — a trend expected to continue until interest rates are cut.
The ASX surged to a near record high on Thursday after soft inflation and retail data suggested an end to the RBA’s rate hiking cycle.
The conduct of the major supermarkets is in the firing line but Labor is resisting calls to do one thing to break up their duopoly.
After plunging in December, retail sales disappointed in January, falling well short of economists’ expectations.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
INSIDER: How Olympian Rob Scott applies the discipline learnt as a rower and banker to running WA’s biggest conglomerate.
Changing spending patterns have been showing up in retail trade data that is generally trending weak as financial pressures intensify.
A new report has revealed the factor helping Australia’s inflation crisis and the staggering amount households are saving as a result.
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
investors have punished travel agency Flight Centre with shares sliding almost 4 per cent and spending much of the day as one of the biggest losers on the ASX200.
Adrian Lowe and Daniel Newell
Woolworths is stepping up the supermarket discount price wars, a day after rival Coles reported its sales since the start of the year had been stronger. SEE THE 10 BEST SAVINGS
Australians' insatiable appetite for travel amid falling discretionary spending has helped Flight Centre to a solid sales lift in the first half of 2023/24.
With the conglomerate hitting a record share market high, stories abound of how the stock enriched many of the farmers who took up shares when it converted from a co-operative 20 years ago.
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
Leah Weckert says WA shoppers are responding well to improved offers amid cost-of-living pressures that have driven the supermarket giant to launch new specials.
Shares in womenswear retailer City Chic Collective have dived after sales fell 29 per cent year-on-year, with the company blaming bleak consumer confidence.
ANALYSIS: Convenience may no longer be king for supermarket shoppers as the cost of living squeeze pushes them further afield to search for the best value.
Matildas fans waited eagerly to sport the legendary purple colours of Australia’s iconic goalkeepers, but many were left disappointed.
Shares in the one-time farmers co-operative are up 14 per cent in the past fortnight and 33 per cent since October.
Unveiling its latest half-yearly results, the supermarket giant has detailed the cost-of-living pressure its customers are facing.
A lot of us love a bit of online shopping. The convenience and fast delivery times are all part of the lure. But who do you approach to get help when delivery is delayed or even worse … it never arrives?
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