The competition regulator will oppose the $1.8 billion acquisition of Woolworths Ltd’s network of retail service station sites by oil company BP."We consider that BP acquiring [...]
Myer has suffered a horror start to the all-important Christmas trading period, revealing that sales in the first two weeks of December were down 5 per cent on last year.In a second-quarter [...]
Wholesaler Metcash has suffered another half of falling sales at its IGA supermarket network but managed to grow profit through a cost-cutting program and the integration of the Home Timber and [...]
Amazon has officially launched its Australian online store, offering everything from pyjamas to power tools, and from video games to vinyl records. While there are some good deals to be had, [...]
Competition watchdog Rod Sims has warned retailers that he will not protect them from Amazon if the e-commerce giant undercuts them on price when it enters Australia. The Australian Competition [...]