Zip Shares Up 4% After Big W Deal
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August 1, 2019
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Buy-now-pay-later platform, Zip Co Limited, has signed up discount department store, Big W, just a few months after on-boarding rival retailer Kmart... 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
ACCC Fines Target Over Unsafe Strollers
The ACCC has today fined Target Australia $37,800 for selling and marketing unsafe convertible strollers. Baby Bunting has also been fined $25,200,... Read More
Kmart Sends Wesfarmers Shares Down
UPDATE – Shares in Wesfarmers have dived 3% after market open to $30.99, after the conglomerate warned of lower-than-expected department store sales.... Read More
Target To Exit TV’s As Big W Surges
Target who has struggled in the consumer electronics and appliance market up against a surging Big W is believed to be getting... Read More
EXCLUSIVE: Amazon OZ To Be Re Launched Just In Time For Peak Period
Amazon Australia is set to be relaunched with the big US retailer also set to sell an expanded range of branded products... 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
Amazon To Launch 3,000 Cashless Stores By 2021
Amazon plans to open up to 3,000 cashier-less Amazon Go convenience stores by 2021, according to a report in Bloomberg News. The... Read More
