Discount grocer Aldi is closing its online liquor store to focus on expanding its supermarket chain across Australia. The website will close on March 24, less than three years after it was [...]
Fund managers say the worst is not over for Australia’s largest retailer, Woolworths, and that its supermarket margins could fall below 5 per cent – dragging down earnings across the group [...]
The owner of Gloria Jean’s and Donut King will pull back from its aggressive expansion strategy as its long serving boss hands control to a successor. Retail Food Group recently hit a [...]
John Dixon, the 30-year British retail veteran lured to Australia to revitalise David Jones, has a message for Woolworths and Coles: supermarket shopping has become old-fashioned and people want [...]
Supermarket giant Woolworths has sunk $972.7 million into the red in the first half after booking $1.9 billion in write-downs on its disastrous Masters home improvement foray.Announcing the [...]