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Retail

Mining slowdown hits new car sales

The effects of Western Australia’s mining slowdown has flowed on to the state’s car yards, with utility vehicles typically used on mine sites recording some of the heftiest falls in a declining new cars market.

Lowy senses retail storm

It’s hard to not admire Frank Lowy, either as founder and major shareholder of the Westfield retail property group or for the $6 billion personal fortune he has amassed after arriving in Australia as an impoverished European migrant in 1952.

Freo retail revival takes shape

The City of Fremantle’s push to revitalise its flagging retail scene is bearing fruit, with the first two recipients of the city’s new business-attraction incentive scheme set to take on long-term leases.

Surf stalwarts stay buoyant after carving product niche

FEATURE: Gath Sports and Creatures of Leisure are among a host of local surf companies to emerge during the 1980s and 1990s, all driven by their owners’ passion for chasing big swells and the lifestyle that entails.

MRA releases 312 William Street to market

The Metropolitan Redevelopment Authority is seeking offers for a prime retail property on William Street.

Lorna Jane set to open at Floreat

Fitness fashion retailer Lorna Jane is set to open its 14th store in Perth, signing a five-year lease at the Floreat Forum Shopping Centre.

Malone spearheads backdoor listing

Minrex Resources has agreed to a reverse takeover by private firm Skin Elements, a sunscreen and cosmetics company steered by former New Tel head Peter Malone and corporate advisor Luke Martino.

7-Eleven confirms Perth expansion

7-Eleven Stores has confirmed that it is expanding into Western Australia, as foreshadowed last month by Business News.

Franchise council criticises reforms

The Franchise Council of Australia has criticised planned federal government reforms, claiming there is inconsistency between Small Business Minister Bruce Billson’s stated intentions and draft changes to the franchising code of conduct.

Franchisors face fines

Franchise groups face fines of up to $51,000 for serious breaches of the Franchising Code of Conduct under draft reforms released today by the federal government.

7-Eleven heading west

A major international franchise chain is preparing the ground for an assault on WA’s retail convenience sector.

Retail pay boost riles industry

Industry groups have slammed the Fair Work Commission's ruling that 20-year-old retail workers should be paid adult wage rates, claiming it will destroy young Australians' job prospects.

Kresta CEO exits as company shake up continues

Kresta Holdings chief executive Jules Di Bartolomeo has left the company following a restructure under which the chairman of one of its major shareholders will be appointed as managing director.

Global brands target Perth CBD

Retail supply is at a premium in the CBD, and several overseas names are set to add to the space race this year.

Coventry Group warns of hard times ahead

Industrial parts and services provider Coventry Group has warned earnings growth will be slim in the second half of the financial year, after lodging a narrow net profit for the six months to December

Retailers must adapt, or perish

The retailers best placed to benefit from a changing marketplace will be those who proactively shape products, services and experiences for and with consumers.

Coles, IGA complete store swap

Independent grocery group Metcash is set to finalise its first store swap in Western Australia with supermarket giant Coles.

WA shoppers to spend more than $3.5bn

The Chamber of Commerce and Industry of Western Australia has forecast that the state's shoppers will spend $3.55 billion in December.

Govt to relax Christmas trading hours

In a bid to spread the Christmas cheer, the state government has approved a special extension for Sunday shopping hours.

Hisco shifts into retail gear

A local hospitality supply wholesaler is countering the challenge of a slowing market with a new business strategy focused on retail.

WA shoppers clicking on to Christmas sales

More than three quarters of Western Australians are planning to shop online this Christmas, according to a new survey released today.

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