BREAKING NEWS: NSW Tipped To Close Retail Stores, Air Freight Now A Problem
The Morrison government is considering further extending its $780 million International Freight Assistance Mechanism (IFAM) scheme in a move that could overcome... Read More
Big W Owner Faces $390 Million Backpay Bill
The Fair Work Ombudsman has officially began legal proceedings against Woolworths for underpaying management, an error which could see the Big W... Read More
Speculation, Target Up For Sale & Officeworks Moving Into Education Market
Wesfarmers has today briefed the market at a fund’s managers event with speculation mounting that the group is looking to sell the... Read More
EXCLUSIVE: Yale Prima Wobbles As Revenues Plunge, Future JVC, Claims Director Despite Recalls
Sydney based distributor Yale Prima has reported a $10 million drop in revenue with losses blowing out from $576,490 in 2019 to... Read More
Big W Sales Grow 18.3% Online up 34%
BIG W has reported total sales growth of 18.3% for the quarter with no slowdown in the final six weeks with the... Read More
Pandemic Boom Over, Online Shopping On The Rise, Say Woolworths’ Sales Figures
Just like its competitor Coles, Woolworths has noted its supermarket shoppers now returning to normal shopping behaviours and buying patterns after last... Read More
Kogan Offering Fractional Shares To Customers
Online retailer Kogan has moved to offer fractional shares to shoppers as a loyalty rewards inducement and as a means to get... Read More
Big W Owner Boosts Stake In Data Company
Woolworths Group has moved to take control of data analytics firm Quantium, putting down $223 million to increase its stake to 75... Read More
TV Brands Generating Hundreds Of Millions From Click Of Ticket Viewing
When LG Electronics recently decided to freely give away its WebOS to other TV manufacturers in Australia, there had to be a... Read More
Big W Soars As Sales Pass $2.5 Billion
Big W has surged in the six months to January 2021, with EBIT more than doubling year-on-year. The retailer pulled in $2.58... Read More