Retail

ASX Poised for Lower Open Amid Retail Sales Anticipation

Highlights,ASX 200 futures,indicate,a 0.4% dip as retail sales figures draw market focus.,Mixed global market performance driven by US jobs data, Fed...

Star Entertainment Group Faces Mounting Financial Pressure as Cash R...

Highlights,Star Entertainment Group Ltd (,ASX:SGR,) reported a 46% decline in cash reserves during Q4 2024, leaving $79 million as of December 31.,Sha...

Wall Street’s Tech Surge Fuels Optimism for ASX Performance

Highlight:,Strong gains in US technology and semiconductor stocks have positively influenced Australian markets, with ASX futures rising slightly by 0...

Wall Street's Volatile Start to 2025 and the Australian Dollar's Str...

Highlights:,Wall Street's Rocky Start:,US equity markets faced a volatile first trading day of 2025, with significant losses after an initial rally. M...

Aussie Dollar Dips to Two-Year Low Amid Market Volatility

Highlights:,ASX Futures Signal Lower Opening:,A 0.75% decline anticipated as global economic uncertainties persist.,Weak Chinese Economy Weighs on Aus...

Woolworths Group Limited (ASX:WOW) Reverses Australia Day Merchandis...

Highlights:,Strategic Shift,: Woolworths Group Limited (ASX:WOW) has reversed its 2023 decision to scale back Australia Day merchandise, now focusing...

Australian Dollar Hits Multi-Year Low Amid Yuan Weakness and US Doll...

Highlights:,The Australian dollar has dropped to its lowest level since October 2022, trading at 61.88 US cents, due to a sharp decline in the Chinese...

High Fuel Price Cycles Prolonged, NRMA Survey Reveals Discrepancies...

Highlights:,Significant Price Differences,: Perth emerges as the cheapest city for fuel at 181.4 cents per litre, while Canberra and Brisbane face the...

Market Turbulence Marks End of 2024

Highlights,Wall Street Weakness,: Major US indices, including the Dow, S&P 500, and Nasdaq, recorded declines, led by Big Tech sell-offs. The Dow fell...

Liquor Industry Struggles as Changing Consumer Habits and Economic P...

Highlight Summary:,Changing Consumer Preferences,: Younger generations are shifting away from alcohol, prioritizing health-conscious, low-alcohol opti...

ASX Set for a Higher Open After Quiet Wall Street Session

Highlights:,ASX Futures Up 0.2%,The Australian market is poised for a positive start, with ASX futures rising by 19 points (0.2%) to 8,217 following a...

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...