Coles Posts $1B Profit, CEO Claims High Prices Don’t Reach Bottom Line
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August 24, 2022
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Coles has posted a rise in net profits and group sales for the 2022 financial year, although CEO Steven Cain said the... Read More
Retail Spending Defies Omicron To Rise 1.8% In January
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February 28, 2022
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Retail spending saw a strong lift in January, even with COVID cases spiking. According to the Australian Bureau of Statistics, trade rose... Read More
Coles Hopeful CBDs Will “Come Back To Life” As Earnings Dive
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February 22, 2022
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Coles CEO Steven Cain is banking on the opening up of the economy, the return of workers to the CBD, and the... Read More
Aussie Retail Up 14.4% On Pre-Pandemic Levels
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February 22, 2022
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Shoppers have started to spend up big again, despite rising Omicron cases, staff shortages, and supply chain issues crippling the retailing sector.... Read More
ACCC Receive 120 RAT Price Complaints Each Day
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February 1, 2022
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The ACCC is being bombarded with consumer complaints regarding price gauging for rapid antigen tests across Australia, with 3,900 reports filed within... Read More
Foot Traffic Slows, As Mall Shoppers Stay Home
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January 28, 2022
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Shoppers are opting to buy online or purchases good from smaller stores in a bid to avoid large shopping centres, a situation... Read More
Innovation And Vax Boosters Key To Retail And Tech Recovery
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January 24, 2022
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The effects of COVID-19 are increasingly apparent across the retail and tech sectors, with 10 per cent of staff affected at JB... Read More
Majority Of Aussie Retailers Expect To Struggle Over Next Quarter
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January 21, 2022
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A worrying 63 per cent of Aussie retailers have negative expectations when it comes the next three month period for their businesses,... Read More
David Jones Reports 9% Fall In Sales
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January 21, 2022
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David Jones has reported a 9 per cent fall in sales during the last half of 2021, a victim of lockdowns in... Read More
Apple Staff Must Booster Vax
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January 19, 2022
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Reports out of the US are saying Apple now require store and corporate employees to prove they’ve had a vaccination booster within... Read More