Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
A Hong Kong-based private equity company has bought out restaurant operator Craveable Brands as the Australian company steps up its foray into Asia. PAG Asia has paid an undisclosed amount to acquire the business from Archer Capital and other minority…
Restaurant chain Oporto has launched in Vietnam under local franchisee Ben Thanh Group, with plans to open 24 restaurants across the territory in the next 10 years. The brand’s CEO Craig Tozer indicated the Vietnamese expansion provides a further gateway to a…
Canberra Airport is overhauling its terminal retail offering, with construction set to begin on more than 1000sqm of new shops in the coming months. On Friday, the airport announced Airport Retail Enterprises (ARE) has been awarded the food and beverage…
On Wednesday, Dyson opened its first ‘Beauty Lab’ in Australia, where customers can book hair styling appointments, drink prosecco and try out and buy the company’s extremely popular hair products. Located in Sydney’s Queen Victoria Building, the store marks…
Fast fashion retailer Uniqlo said it will open its 20th store in Australia on July 4 at Northland Shopping Centre. The new store, set in 888sqm of retail space, will take the retailer’s store count in Victoria to eight. According to the Japanese retailer, the…
Thai AirAsia X has started its newest service from Bangkok to Brisbane, with the first arrival touching down at 11:46 am local time on Wednesday. This marks the first AirAsia service to Brisbane Airport. The aircraft received a water salute on arrival,…
Online sales now make up 30 percent of AuMake’s total sales, and they are continuing to grow. The daigou business announced its unaudited FY19 earnings in an investor presentation on Thursday, reporting an estimated $40-45 million in revenue for the year.…
Singaporean pawnbroker Maxi-Cash has opened its first Australian LuxeStyle boutique. Located in downtown Melbourne, the flagship boutique offers a variety of pre-loved luxury timepieces, designer leather bags and branded jewellery, including gold, diamonds,…
A decade after launching in South Korea, Australian Paul Bassett plans to make the most of a “positive evolution” in the local coffee culture, expanding his brand partnership with a local dairy company. Paul Bassett teamed with Maeil Dairies Co to launch a…
Bunnings managing director Michael Schnieder has announced he expects the homewares and DIY retailer will have its e-commerce operations online and fully operational nationwide before Christmas 2019. The business has trialled a more limited online offering in…
Wesfarmers says full-year earnings from its department stores could fall by as much as $103 million after sales at the struggling Target chain fell by 2.3 per cent so far in the second half. The Perth-based conglomerate, which reports its full-year results on…
AirAsia has launched a four-times-a-week service between Perth and Lombok, with the inaugural flight touching down on Sunday night. With fares starting at just $99 one way, the flights are set to be popular with Aussie tourists keen to sample the destination…
The Australian dollar has risen Wednesday, buying 69.62 US cents from 69.55 US cents on Tuesday. The local currency was on the back foot yesterday as its US counterpart continued to benefit from the trade truce with Mexico, even as Washington kept up the war…
Booktopia has pulled out of plans to raise $10 million from customers and everyday Australians after struggling to reach its minimum goal for investment. The business announced last year that it was looking to raise at least $3 million and up to $10 million…
Australian retail conglomerate Wesfarmers has entered an agreement to acquire Catch Group for $230 million. Should the deal be cleared by the Australian Competition and Consumer Commission, the online marketplace will continue to operate as an independent…
Woolworths will revamp its store operating model for the first time since 2011, to put a greater focus on fresh food, convenience and customer service to suit changing customer needs. The supermarket briefed team members on Wednesday about the implementation…
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