CHOICE Slams Kmart Over Super
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March 18, 2019
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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
Target Recalls Slimline Activity Trackers Over Burn Risk
Target Australia has recalled selected Slimline Activity & Sleep Trackers, after Product Safety Australia (PSA) found they present an electrical burn risk.... Read More
Coles Director Appointed New Officeworks MD
Wesfarmers has appointed former Coles Director, Sarah Hunter, as Officeworks’ new Managing Director, succeeding Mark Ward who will retire January 2019. The... Read More
Costco Tops Discount Department Store Customer Satisfaction
Latest numbers from Roy Morgan rank Costco Australia’s leading discount department store in terms of customer satisfaction, narrowly beating rivals Target and... Read More
Woolworths Profit Up 12%, Big W Wobbles
Woolworths has post a 12.5% lift in full year-profit, following strong supermarket growth, as Big W continues its turnaround strategy, notching continued... Read More
Target Closing 20% Of Stores, Other Retailers Tipped To Follow
Wesfarmers-owned, Target, has announced it’s culling 20% of its selling space in the next five years – news which could pre-empt a... Read More
