Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
Toys “R” Us, the self-described “world’s first toy supermarket”, has racked up accumulated losses of almost AUD450 million (USD343.9m) since arriving in Australia. The US-based toy and baby products retailer has operated in Australia for more than two…
PayPal Australia has passed the managing director baton to an outsider by announcing former AMP corporate super director Libby Roy has taken the reins from Jeff Clementz who is returning to the US. The changing of the guard comes at an important time for…
Australian gelato chain Gelatissimo is searching for a new franchise partner in Malaysia – but says its expansion strategy in Asia and beyond remains on track. Gelatissimo’s sole store in Malaysia, at The Gardens mall in Mid Valley, closed late last year…
US retailing giant Costco is appealing a court decision blocking it from selling alcohol at its new Adelaide store, as the government is urged to review restrictions on supermarkets. Australia’s complicated alcohol retail market is under the spotlight after…
Cotton On Group has revealed plans to add 227 jobs in Australia and overseas this year as the Geelong-based value fashion retailer embarks on another expansion phase aimed at maintaining its five-year record of 20 percent-plus sales growth. Cotton On Group’s…
Outdoor clothing retailer Kathmandu is putting the brakes on its store expansion in Australia after racking up a first half loss. Disappointing sales at Christmas and in January as well as heavy discounting on excess winter stock were blamed by the retailer…
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…
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