Accounting for nearly 20 per cent of economic activity in Australia, retail sales are critically important to fill the gap left by the slowdown in mining investment.
Woolworths has enjoyed a three per cent sales increase despite subdued retail conditions, with its supermarkets, petrol stations and hardware stores posting gains.
The grocery industry has warned that a price war between the nation's big two supermarket chains could hurt consumers in the long run if food suppliers don't have money to invest in their businesses.
Wesfarmers chief executive Richard Goyder says Australia's supermarket trade is not a duopoly controlled by Coles and Woolworths and online retailer Amazon is a far greater threat to local retailing.
Wesfarmers has reported generally positive quarterly sales results from its retail businesses, with Bunnings achieving the most rapid growth while Coles' supermarkets and liquor stores lifted turno
Fremantle Ports is hoping to revive the stalled $350 million revamp of Victoria Quay, part of nearly $1 billion of proposed new developments in the City of Fremantle.
Retail giant Woolworths has appealed to the Western Australian government to deregulate the state's shopping hours, while urging them to repeal laws which regulate what times cigarettes, pantyhose and needles can be sold in petrol stations.
Harvey Norman chairman Gerry Harvey's annual pay remained steady at $1.03 million last financial year, as the company's profit dropped by 17.5 per cent.
ALDI’s imminent arrival in WA and continuing competition between the retail majors has sidelined many retail developers who just can’t pay the big prices Coles and Woolworths will shell out for new sites.
The arrival of a clutch of new international brands in coming years has the potential to rejuvenate the city retail sector, which has been hit by softer spending and the extended shopping hours at suburban centres.
Westfield Group looks set to offload its stake in two major shopping centres in suburban Perth just days after it was given the green light to increase ownership of the Karrinyup centre.
After running some of Perth's best-known nightclubs for five years, businessman David Heaton is taking a decidedly different tack in his next business venture.
US home ware retailer Williams-Sonoma is understood to have chosen Perth as the location for its third Australian store amid a growing number of international retail giants coming west.
Shopping centre owner Westfield Retail Trust (WRT) says consumer confidence is improving, but shoppers are still cautious and sales growth is still low.
Cash Converters International managing director Peter Cumins has today sold $2.57 million worth of shares in the company he and his brother Brian Cumins helped build.
Wesfarmers chief executive Richard Goyder says the tone of the national conversation has become too pessimistic, challenging business leaders to embrace the opportunities created by Australia’s str
Woolworths is spinning off its $1.4 billion shopping centres portfolio in a move that is expected to free up cash to help fight its price war with rival Coles.
Schools supplier Campion Education has agreed to purchase the stock of one-time market leader Wooldridges, bringing to an end any hopes of reviving the Wooldridges business and delivering a return
Unsecured creditors of school supply business Wooldridges, which collapsed last week with $50 million in debt, are likely to receive less than 10 cents in the dollar.
Australia’s oldest family-run business Lionel Samson Sadleirs Group along with MG Kailis Group and footwear retailer Betts Group have been made the inaugural inductees into Family Business Australi
Safety boot manufacturer Footwear Industries has been given the luxury of picking and choosing Australian distributors as demand for its Steel Blue brand increases.
