Woolworths chief Brad Banducci admitted the supermarket's immediate focus was on achieving positive growth, rather than bridging the widening sales gap with arch rival Coles.
Investors say former Surfstitch CEO Justin Cameron would be supported if he launched a bid for the online retailer after a massive profit downgrade.
With its lower price strategy failing to win over grocery shoppers, Woolworths is under even more pressure to sort out Big W.
Brad Banducci's turnaround strategy for Australia's biggest supermarket is yet to translate into sales, with the grocery giant losing share to Coles and Aldi across the third quarter.
A worker whose pay claim has been held up has lashed his treatment.
The owner of a Sydney 7-Eleven has been fined more than $200,000 after a court found he short-changed two migrant employees almost $50,000 and falsified records.
Australian brands don't come any bigger than Bonds but an offshore owner might be the safest way to shore up its future.
Household name Colgate has been found guilty of conspiring with two rivals and supermarket giant Woolworths.
American apparel giant HanesBrands plans to double Pacific Brands' operating profit in three years by plugging its iconic Australian labels into the might of its global supply chain.
The passing of Pacific Brands' iconic Aussie brands to US hands will disappoint many. It shouldn't.
After an almost-four-month fire sale, Dick Smith's stores are well picked-over now. When Fairfax visited Melbourne's two CBD stores on Thursday morning, there was almost nothing of value left.
Boxes of "original formula" Arnott's Shapes are now selling online for as high as $50 amid a customer outcry about the taste of the "new and improved" biscuits.
Analysts are reviewing profit forecasts for Coca-Cola Amatil amid aggressive discounting of carbonated soft drinks and bottled water, which contributed to weak prices for non-alcoholic beverages in the March quarter.
Known for its quirky prints and "organic" approach to fashion, Australian label Gorman is under fire over a public relations exercise about its supply chain.
Premier Investments has "locked up" its retail chief executive Mark McInnes for another few years by awarding him a $1 million-plus pay rise, paying his rent for three years and giving him clearance to sell shares worth more than $12 million.
They control 75 per cent of retail spending. But where does it go?
The last handmade dance shoe shop in Australia is closing its doors.
Is it a stumble, or a turning point? Apple misses Wall Street targets as sales of its biggest product decline for the first time.
Supermarket chain's Anzac Day trading procedures are being looked into but it has defended its pre-opening preparation work.
SurfStitch chairman Howard McDonald is under pressure to update investors on the likelihood of a takeover offer as shares in the online action sports retailer sink to record lows.
Coles is crying "fowl" over strict Anzac Day trading hours, claiming that arch-rival Woolworths broke the law by putting staff into stores before opening time to cook the chooks and put buns in the ovens.
Self-serve checkouts and shelf-ready packaging have helped supermarkets reduce their wages burden to the lowest level since 2004.
It was never going to be a bargain, but Unilever's acquisition of T2 has cost the world's largest tea company less than expected.
Hospitality lobby first heard the news that its members would not be penalised with risk-based licensing fees.
More than 50 Senate Inquiries hang in the balance now the government is on track for a double dissolution election.
There are no hairs on Shaver Shop - the retailer is eyeing its 100th store and a possible float.
Global beer giant's five-year hangover from $12 billion buying binge.
We all love shopping, especially Louise. And suddenly shopping has come into the headlines with Qantas blaming its downturn on the election.
Wesfarmers provided the first glimpse of the "Karget" newly-weds on Thursday
In the great supermarket race, Coles looks again to be leaving Woolworths behind.
The thing about the pea’n’thimble trick is that if it works once, odds are it will work again.
'People think you're crazy for giving up the safety of a six figure salary.'