Retail
Latest
Kathmandu founder Jan Cameron disqualified after guilty ruling
Prolific businesswoman and philanthropist Jan Cameron has been disqualified from heading companies for five years.
- by Ethan James
Armaguard rejects $26 million lifeline after being asked to open its books
After asking for financial support and walking away from $26 million on offer, Armaguard will try to negotiate with customers individually, but good faith may have eroded along the way.
- by Jessica Yun
Taylor Swift gave retail a boost, showing up the rest of the economy
Not even a blast of spending from Swifties in the nation’s two largest states was enough to shake off growing signs the economy is slowing.
- by Shane Wright
Opinion
For subscribers
Spin off and conquer: Solly Lew’s global plan for Smiggle and Peter Alexander
The retail billionaire’s end game appears to go beyond just growing these Australian businesses internationally. Rather, it is a plan to establish each as global brands.
- by Elizabeth Knight
Updated
Mergers & acquisitions
Smiggle, Peter Alexander slated to become standalone companies in 2025
The popular stationery and sleepwear brands are set to be spun out of Premier Investment’s stable of brands next year.
- by Jessica Yun
Handbrake on consumer spending means long tail for retail recession
As shoppers curbed their Christmas spending, accounting firm KPMG has lowered its forecast for the retail sector’s recovery.
- by Jessica Yun
Enjoy your Easter eggs this year. They will cost more in 2025
Cocoa prices have more than doubled since January, hitting a record high, so get ready to pay more for your chocolate.
- by Jessica Yun
Big Gun malls roar back to life, generating huge sales
Melbourne Central mall has roared back to life as shoppers flock to its Monopoly Dreams store, students meet to hang out and commuters come for lunch.
- by Carolyn Cummins
Say goodbye to Godfreys as entire chain prepares to shut down
Stores will remain open until May 31 to give staff a chance to clear existing stock. After that, more than 600 jobs and 87 stores will be no more.
- by Jessica Yun
Australia’s $63.6b shopping cart: Here’s how your generation spends money online
Australians are shopping more frequently but making smaller purchases, as cost-of-living pressures force consumers to balance their budgets.
- by Jessica Yun