Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
One of Australia’s largest independent liquor retailers, Kemenys, has suffered a drop in sales and profits in its latest financial year and faces an even tougher time this year as it tries to counter the full impact of a Dan Murphy’s superstore owned by…
Japanese lifestyle retailer, Muji, has confirmed it will open its first store in Sydney. This will be the third Australian store for Muji, adding to its two locations at Chadstone shopping centre and Emporium in Melbourne. Retail News understands the store…
It may be a new low in human resources gibberish. But the fun crowd at retailer Cotton On have told staff they need to “keep it real” or face the sack. A leaked copy of Cotton On’s code of conduct tells its staff it is “unacceptable” when working with…
Australian fabric, craft, party and home and living superstore Spotlight has opened its second store in Malaysia. The new stores is in the IPC Shopping Centre, Mutiara Damansara in Petaling Jaya, near Kuala Lumpur. It follows one in Ampang Point, Kuala…
Children’s clothing retailer Pumpkin Patch, whose shares have lost two-thirds of their value the past year, is seeking formal proposals after receiving approaches to buy or refinance the company. The Auckland-based retailer, which on Friday posted an…
Australia’s Lend Lease has signed up to develop a new retail and residential development in Malaysia. Lend Lease will have a 60 per cent stake in The Lifestyle Quarter with local developer 1MDB Real Estate the balance. 1MDB is the master developer for an…
Price comparison site, PricePanda, and Sydney-based, Getprice, will merge to create an online comparison shopping business network across the Asia Pacific. The newly created group will operate as Next Commerce and will operate in nine countries across Asia…
Australian Small Business Minister Bruce Billson has won support for the grocery industry code of conduct from discounter Aldi but is disappointed that wholesaler Metcash has agreed to adopt elements of the code rather than sign up in full. The code, which…
First it was fashion and now it’s homewares for the fashion conscious with the opening of Zara Home at the Highpoint shopping centre in Melbourne. It’s the first homewares store by the Spanish group Inditex – the owner of the Zara label – in Australia but…
Slumping sales and store closures led to a small loss for the Australian arm of international fashion retailer Esprit, as its parent company’s shares come under attack from short sellers. Esprit bills itself as the largest international fashion retailer in…
Zara Australia has turned up the heat on domestic retailers by vowing to maintain prices despite a 17 percent fall in the dollar in the past five months. Zara’s plan to keep Australian prices on hold will limit the ability of domestic suppliers and retailers…
Clothing prices are expected to rise across the board for the first time in five years as suppliers and retailers raise prices after a 17 percent slump in the Australian dollar. Suppliers have warned retailers that prices for fashion clothing, underwear and…
Goubuli, a renowned Chinese restaurant chain known for its steamed stuffed buns, said they sealed a deal with Gloria Jean’s Coffees to operate the Australian brand in China. Tianjin Senyongtai Food and Beverage Co, a subsidiary wholly owned by the Goubuli…
An Australian sushi restaurant chain has opened its first outlet in Hong Kong. And now Wasabi Warriors plans more stores in the city, along with expansion into the Philippines in February and Dubai later in the year. Hong Kong ‘Business Warrior’ Elga Wong…
Finnish homewares specialty retailer Marimekko is to open new flagship stores in Bangkok and Singapore. The move marks a continuation of a concerted push into the Asia-Pacific region. Over the last three years Marimekko has expanded into China, Hong Kong,…
Discount retailer Aldi Australia has vowed to maintain pricing pressure on rivals in the AUD85 billion (USD69.58b) grocery market, after increasing sales by 13 percent in 2014, outpacing food and liquor sales growth at Coles and Woolworths almost three-fold.…
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