Nick Scali,Myer results prove Australian consumers still have a pulse
Opinion
Retail

Nick Scali,Myer results prove Australian consumers still have a pulse

Discretionary retailers and investors understand that the real shot in the arm needed to kickstart sales is a decline in interest rates.

  • byElizabeth Knight

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Kmart CEO seeks US expansion for Anko despite bumpy Target rollout

Kmart CEO seeks US expansion for Anko despite bumpy Target rollout

Kmart Australia chief Ian Bailey is hoping to meet US retailers to convince them to stock the popular private label brand on American shelves.

  • byJessica Yun
Home loans and household spending climb despite rate rises

Home loans and household spending climb despite rate rises

Australians continued to enter into the home loan market last year,even as interest rates and house prices increased,but household spending may be weaker than what the data suggests.

  • byMillie Muroi
Holiday spending is up,but Reserve Bank may trigger a ‘turning point’

Holiday spending is up,but Reserve Bank may trigger a ‘turning point’

As the seasonal shopping boom and festive cheer subsides,Australian businesses will be dealing with the hangover of last year’s cost-of-living pressures.

  • byJessica Yun
Boxing Day sales are still Australia’s ‘grand final’ for bargain-savvy shoppers

Boxing Day sales are still Australia’s ‘grand final’ for bargain-savvy shoppers

Despite cost-of-living pressures and the rise of November’s Black Friday sales,Australian consumers’ Boxing Day splurge is tipped to make a “modest” jump on 2022’s spending.

  • byRachael Ward
Kathmandu,Rip Curl sales tank amid higher temperatures and lower budgets

Kathmandu,Rip Curl sales tank amid higher temperatures and lower budgets

KMD Brands’ share price has nosedived after revealing Kathmandu and Rip Curl’s sales have declined.

  • byJessica Yun
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Retail theft for the December quarter is up 20% – and the year isn’t even over

Retail theft for the December quarter is up 20% – and the year isn’t even over

Australian retailers are grappling with sophisticated organised crime groups as resistant consumers spend carefully this holiday season.

  • byJessica Yun
‘Retailers cannot discount forever’:Will mega-sales and deals be back in 2024?

‘Retailers cannot discount forever’:Will mega-sales and deals be back in 2024?

This year’s Black Friday deals were some of the best that Australia’s ever seen. But it’s uncertain if retailers can offer the same next year,as discounts eat into margins.

  • byJessica Yun
Dental check-ups and food:Young people relying on BNPL for the basics
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BNPL

Dental check-ups and food:Young people relying on BNPL for the basics

The NSW Advocate for Children and Young People says the impact of cost of living pressures on youth is not being taken seriously by governments.

  • byMary Ward
Smiggle,Peter Alexander billionaire owner Solly Lew urges ‘tax cuts for the working class’

Smiggle,Peter Alexander billionaire owner Solly Lew urges ‘tax cuts for the working class’

Premier Investments’ chairman Solomon Lew called for federal assistance for consumers,as he notched record sales during Black Friday and lifted earnings expectations.

  • byJessica Yun
Aldi says no to bulk-buy as grocery price wars heat up

Aldi says no to bulk-buy as grocery price wars heat up

The German discount supermarket chain is hoping price-conscious shoppers will flock to it this Christmas as it enjoys a jump in foot traffic and transaction volumes.

  • byJessica Yun