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Wesfarmers posts sales, profit growth on continued strength at Bunnings, Kmart
Wesfarmers delivered higher sales and profit in the last fiscal year, as the value proposition at Bunnings and Kmart continued to resonate with consumers.
The group’s revenue rose 3.4 per cent to $47.2 bill...
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HelloFresh fined after criminal charges laid over subscription trap
New Zealand competition regulator says meal kit company misled consumers when calling past subscribers, tricking them in...
Green light for The Reject Shop takeover plan
The retailer will also request that the quotation of its shares be suspended on the ASX forthwith.
Wellness products brand EZZ to expand across Australia with new partnership
The partnership will see EZZ’s flagship products across 130 DCO locations across Australia.
The Reject Shop’s net profit plunges amid rising costs, shrinkage
Meanwhile, its sales grew 4.1 per cent to $852.7 million.
Aldi launches checkout-free trial in Chicago store
The discounter says it is the first major US grocery retailer to deploy the technology in an existing, full-size store.
New merchandise offering boosts The Reject Shop’s top line
The retailer generated over 1.2 million more customer transactions versus last year.
What Walmart’s shutdown of Store No 8 signals for the retailer
Is this a sign of rough times ahead for the company?
Why the Kmart-Target back end merger has been a decade in the making
The decision, while outwardly focused on delivering better value to customers and improving its own cost of doing busine...
The Reject Shop sales increase, consumers favour low-priced consumables
The business says consumers prefer “non-discretionary low-priced consumables” ahead of more discretionary products as ge...
The Reject Shop sales increase, CEO Phil Bishop quits
Sales are expected to be up 3.5 per cent to $439.7 million while comparable store sales improved by 2.4 per cent compare...
Wesfarmers plans to ‘renew’ its portfolio after profit slips
Wesfarmers MD, Rob Scott, said the group will continue to invest in its business and “renew” its portfolio despite the d...
The Reject Shop’s full-year sales ease up, share buy-back planned
Chairman Steven Fischer announced the company has decided to invest up to $10 million to buy back some of its shares, ow...
The Reject Shop names its new CEO
The Reject Shop has tapped a former senior Bunnings and Officeworks executive as its new CEO.
The Reject Shop CEO quits, interim chief named
Andre Reich, who left the company yesterday, will receive a payment from the company in lieu of serving the six months n...
Miniso continues to post strong growth as Covid’s impact eases
Part of the growth rate has been attributed to the company’s development of new retail channels, including Top Toy store...
