Escalante makes retail luxury car move
Business News Magazine » Retail
by sam.jones@businessnews.com.au
6d ago
WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics ..read more
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Coles sales revenue up 3.4pc
Business News Magazine » Retail
by justin.fris@businessnews.com.au
2w ago
Despite its total group sales revenue rising by 3.4 per cent from $9.7 billion to $10 billion in the March 2024 quarter, Coles Group chief executive officer Leah Weckert is acutely aware that customers are minimising their discretionary spending ..read more
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Godfreys to shut almost 170 stores
Business News Magazine » Retail
by isabel
2M ago
Vacuum cleaner retailer Godfreys will shut its 13 stores in Western Australia among the mass of closures after no suitable buyers prevailed to save the troubled business ..read more
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Cash Converters records $9.9m profit
Business News Magazine » Retail
by justin.fris@businessnews.com.au
2M ago
Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year ..read more
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Sales, dividend down as retail slump hits Harvey Norman
Business News Magazine » Retail
by isabel
2M ago
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health ..read more
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Joyce revenue rises 6pc
Business News Magazine » Retail
by justin.fris@businessnews.com.au
2M ago
ASX-listed Joyce Corporation generated $73.1 million in the first six months of the 2024 financial year, up 6 per cent from the prior corresponding period ..read more
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Woolies boss quits amid price hike inquiry
Business News Magazine » Retail
by nadia
3M ago
Woolworths Group chief executive and managing director Brad Banducci will leave the business in September, after more than eight years in the role ..read more
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Retail rumble to ramp-up online
Business News Magazine » Retail
by nadia
3M ago
Geopolitics isn't the only arena where US and Chinese interests are clashing, with the battle for e-commerce supremacy heating up ..read more
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Wesfarmers readies for lithium sales without profit
Business News Magazine » Retail
by isabel
3M ago
Wesfarmers is preparing to sell spodumene into the market but doesn't expect to make a profit, as it continues to ramp up its Mt Holland lithium asset ..read more
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Godfreys enters administration, with 54 stores to close
Business News Magazine » Retail
by isabel
3M ago
Vacuum cleaner retailer Godfreys Group has entered voluntary administration, impacting about 15 stores across the Perth metropolitan area ..read more
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