Kmart Beat Costco, Amazon Customer Satisfaction
Wesfarmers-owned discount department store, Kmart, has beat Costco, Big W and Amazon Australia in customer satisfaction, as per latest Roy Morgan data.... Read More
Retailers Shrink & Shopping Centre Values Fall
Retailers are hoping tax offsets deliver a much needed boost in spending after a weak close to last year continued into 2019,... Read More
Kmart & Target Downgrade Profit After Catch Acquisition
Wesfarmers has downgraded profit forecasts for the Kmart Group just hours after splurging $230 million buying Catch, an acquisition it hopes will... Read More
Reject Shop CEO Exits, Full-Year Guidance Slashed
The Reject Shop’s CEO Ross Sudano has resigned following store closure announcements and slashing its full-year guidance to an expected loss of... Read More
Kmart Partner With Zip Amid Big W Battle
Afterpay rival, Zip, has inked a deal with Wesfarmers owned discount department store, Kmart, to offer customers access to its interest-free buy-now-pay-later service.... Read More
CHOICE Slams Kmart Over Super
Consumer advocacy group CHOICE – via the Superannuation Consumers’ Centre – has slammed Kmart Group Managing Director, Ian Bailey, over its superannuation deal... Read More
IKEA Beats JB Hi-Fi For Most Satisfied Customers
Market research firm, Roy Morgan, has announced Australia’s best performing retailers in terms of customer satisfaction, with IKEA awarded ‘Furniture/Electrical Store of... Read More
Wesfarmers Shares Soar After $4.2B Profit
Retail conglomerate, Wesfarmers, has post a whopping $4.5 billion interim profit, with shares soaring 5.75% after reporting the return of $1.1 billion to... Read More
Reject Shop Profit Plummets 40%
Embattled discount retailer, The Reject Shop, has post a notable 40.6% drop in half-year net profit to $10.6 million – slashing its... Read More
Big W Sales Up, Profit Takes A Hit
UPDATE – Shares in Woolworths Group have plummeted 4.96% after midday, following results dubbed ‘poor’ by many analysts. Woolworths owned discount department store,... Read More