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Coles' results shows Wesfarmers' Scott is the meister of timing
Opinion
Opinion

Coles' results shows Wesfarmers' Scott is the meister of timing

The release of Coles' underwhelming maiden result as a standalone listed company explains why Wesfarmers' decision last year to cut it loose was a no-brainer.

  • by Elizabeth Knight

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Cult Thai energy drink Carabao lands in Australia to take on Red Bull
Retail

Cult Thai energy drink Carabao lands in Australia to take on Red Bull

This entrepreneur saw an opportunity while watching soccer. Now he's taking on big energy drink players.

  • by Emma Koehn
'Constant Hunger Games': Ex-staff reveal truth of Victoria's Secret
Employment

'Constant Hunger Games': Ex-staff reveal truth of Victoria's Secret

When Chloe Bosch and her friends started working at Victoria’s Secret glitzy new flagship store last year, they couldn’t have been more excited. It didn't last.

  • by Simone Fox Koob and Melissa Cunningham
Minister urges Coles and Aldi boycott as $1-a-litre milk stays on sale
Updated
Coles Supermarkets

Minister urges Coles and Aldi boycott as $1-a-litre milk stays on sale

Coles has broken ranks with arch rival Woolworths and will continue to sell $1-a-litre-milk, prompting an extraordinary call from the federal agriculture minister.

  • by Patrick Hatch and Sumeyya Ilanbey
Coles sales fall back to earth after Little Shop, profit falls 29 per cent
Coles Supermarkets

Coles sales fall back to earth after Little Shop, profit falls 29 per cent

Coles' sales growth slowed drastically in the final months of last year, as the sugar hit from its popular Little Shop toy giveaway wore off.

  • by Patrick Hatch
'Something needs to change': Woolworths drops $1-a-litre milk
Updated
Woolworths

'Something needs to change': Woolworths drops $1-a-litre milk

Pressure is now on Coles and Aldi to follow Woolworths' move.

  • by Patrick Hatch
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CCA cuts SPC's value to zero ahead of sale
Coca-Cola Amatil

CCA cuts SPC's value to zero ahead of sale

Soft drink giant Coca-Cola Amatil has written down the value of its SPC canned fruit and vegetable operations to zero, reflecting the slim sale price it expects to receive if it offloads the business. 

  • by Patrick Hatch
A wrecking-ball goes through David Jones mid-renovation
David Jones

A wrecking-ball goes through David Jones mid-renovation

The likelihood of divorce is said to spike when a couple is renovating their home. And so it was for the grand-dame of Australian retail this past week.

  • by Patrick Hatch
Gail Kelly quits David Jones' owner days after CEO's shock exit

Gail Kelly quits David Jones' owner days after CEO's shock exit

Former Westpac chief executive Gail Kelly and Australian finance executive Patrick Allaway had resigned from the company with immediate effect.

  • by Patrick Hatch
Business conditions flat in NSW and Victoria
National Australia Bank

Business conditions flat in NSW and Victoria

Most businesses in NSW and Victoria reported flat conditions in January, while the battered retail industry struggled with slow wage growth and high household debt.

  • by Nick Bonyhady
Rebel Sport, Supercheap Auto owner underpaid staff $32m
Super Retail Group

Rebel Sport, Supercheap Auto owner underpaid staff $32m

Super Retail boss Peter Birtles has brought forward his departure date in recognition of the 'significance of this underpayment'.

  • by Patrick Hatch