In an application to the Federal Court, Lowe’s has accused Woolworths of “oppressive” and “prejudicial” behaviour over the failed Masters joint venture.
Beleaguered surf retailer SurfStitch has capped off a horror year, reporting a net loss of almost $155 million, with further losses forecast for FY2017.
After a challenging year, Temple & Webster has posted a $44.9 million net loss, with the company aiming for breakeven in 2018.
Australia Post has announced it will trial early evening parcel delivery in an attempt to better reach customers and enhance its parcel delivery service.
Australia Post has reported a $36 million full-year after-tax profit, marking a return to profit after posting a $222 million loss last year.
Woolworths has revealed a full year $1.23 billion loss and officially announced an end to its disastrous home improvement operations.
Global e-commerce sales will approach US$2 trillion in 2016, driven by growth in Asia-Pacific, as China overtakes the US as the world’s largest retail market.
The ACCC has denied a “cartel” of Australian banks permission to collectively negotiate with and boycott Apple over a range of issues relating to Apple Pay.
World leading retail Innovators from Apple Tesla, IKEA, Walmart, Swarovski and more to headline the Retail Leaders Forum 2017 in Sydney.