Retail

Australian Retail Stocks See Gains Despite Mixed Sentiment

Highlights,JB Hi-Fi and Wesfarmers Lead Gains,: Retailing heavyweights continue to perform well, despite Morningstar labeling them as overvalued.,Liqu...

Jefferies Recommends "Hold" on Metcash Amid Challenges in Margins an...

Highlights,Jefferies Retains "Hold" Rating:,Despite healthy margins, moderating food inflation and cost pressures pose challenges for Metcash.,Hardwar...

JB Hi-Fi Shares Surge 90% in 12 Months, But CEO Sells $500K in Stock...

Highlights,Impressive Performance,: JB Hi-Fi has outperformed the ASX 200 index by 72% in the past year, with shares up 90%.,CEO Sells Shares,: CEO Te...

Scentre Group Reports Strong Growth in Customer Visits and Sales, Ex...

Highlights,Scentre Group sees a 2.1% increase in customer visits, reaching 429 million as of 3 November 2024.,Business partner sales grow by 2.3% year...

Super Retail Group Shares Dip Following Trading Update

Highlights,Super Retail Group reported a 4% rise in sales for the first 16 weeks of FY 2025, with like-for-like sales growth of 2%.,Investors appear c...

Harvey Norman Shares Dip After Federal Court Rules in Favor of Corpo...

Highlights,Harvey Norman shares fell 1.3% to AU$4.855 following a Federal Court ruling in favor of Australia’s corporate regulator, ASIC, related to p...

ASX Cancels Trades After Namoi Cotton Takeover Confusion

Highlights:,ASX Cancels,Namoi,Cotton Trades,:,The Australian Securities Exchange,canceled,approximately one million trades in,Namoi,Cotton Ltd (,ASX:N...

Fletcher Building Secures $534 Million Through Institutional Placeme...

Highlights:,Capital Raising Achievement:,Fletcher Building Limited (,ASX:FBU,) has raised $NZ587 million (approximately $534 million) through an insti...

Coles and Woolworths Face Mounting Pressure Amid Allegations of Pric...

Australia's supermarket giants, Woolworths Group Ltd (ASX:WOW) and Coles Group Ltd (ASX:COL), find themselves at the center of a public and political...

Adgemis Targets Reacquisition of Public Hospitality's Sydney Pubs Am...

Jon Adgemis, through his private company Jaga Investments, is working toward reclaiming control over five prominent Sydney pubs formerly owned by Publ...

CTT: Cettire Releases Audited FY24 Results, Adds New Director

Online luxury retailer Cettire (ASX: CTT) has announced the completion of its full-year audit for FY24, confirming no changes to its revenue policy. T...

ACCC Takes Legal Action Against Coles Group Limited (ASX: COL) and W...

The Australian Competition and Consumer Commission (ACCC) has initiated legal action against,Coles Group Limited (ASX: COL),and,Woolworths Group Limit...

ACCC Takes Legal Action Against Woolworths (ASX:WOW) and Coles (ASX:...

The Australian Competition & Consumer Commission (ACCC) has initiated legal proceedings against Woolworths Group Ltd (ASX:WOW) and Coles Group Ltd (AS...

Olivia Wirth's Rescue Plan for Myer: Key Elements Identified Amidst...

Olivia Wirth, the newly appointed executive chair of Myer Holdings Limited (ASX: MYR), is actively working on a turnaround strategy for the iconic Aus...

BAP to Divest MTQ Engine Systems Business in Strategic Move

Bapcor Limited (ASX: BAP), a leading provider of automotive aftermarket parts, accessories, equipment, and services, has announced plans to divest its...

Woolworths Faces Investor Calls to Reassess Big W and New Zealand Op...

Woolworths Group Limited (ASX:WOW) is under scrutiny from investors who advocate for a strategic overhaul, particularly suggesting that the retail gia...

Adairs Appoints Former Country Road Chief Elle Roseby as New CEO Ami...

Adairs Limited (ASX:ADH), Australia’s largest retailer of home furnishings and manchester, has appointed Elle Roseby, former managing director of Coun...

Country Road Group Initiates Major Brand Overhaul Amidst Financial C...

Country Road Group, the prominent fashion conglomerate encompassing labels such as Country Road, Mimco, and Politix, is embarking on a significant bra...

Guzman y Gomez (ASX:GYG) Shares Surge to Record High on Monday. Here...

Shares of Australia's Guzman y Gomez (ASX:GYG) soared as much as 7.8% to a record high of AU$41.50 during recent trading on Monday, bolstered by news...

Billionaire Brett Blundy Prepares to Launch New Lingerie Brand Amid...

Brett Blundy, a prominent figure in the Australian retail landscape, is making a return to the lingerie and sleepwear sector, a market in which he has...