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KMD Brands has appointed Ashley Reade (right) as chief executive of Rip Curl. Pictured with KMD Brands CEO Brent Scrimshaw.

RetailCommentsKMD Brands names veteran Nike exec to lead Rip Curl

KMD Brands has named veteran Nike executive Ashley Reade as the new chief executive of its surfwear brand Rip Curl.

Cheyanne Enciso

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FINANCEPremiumReal issue facing supermarkets after probe

Australians have changed the way they shop after the consumer watchdog started an inquiry into the supermarkets.

Cameron Micallef

Coles and Woolworths have responded to the consumer watchdog’s report.

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RetailComments
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Coles, Woolies warn more red tape will drive up prices

In response to the ACCC report, Coles and Woolworths on Friday cautioned that any more regulation or measures brought in after the inquiry could lead to increased red tape and drive up costs.

Cheyanne Enciso

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BUSINESSPremium‘Power’: Big call on supermarket profits

Australia needs more competition in the supermarket industry to stop customers paying a higher margin on their groceries, an industry expert warns.

Cameron Micallef

Premier Investments chairman Solomon Lew.

RetailCommentsPremier’s Solomon Lew paints bleak picture for consumers

Premier Investments’ Solomon Lew has painted a bleak picture for consumer sentiment as he warned Australians not to expect any relief in the Federal Budget due to excessive government spending.

Cheyanne Enciso and Daniel Newell

Coles said the company ‘welcomes any recommendations that improve transparency for suppliers and customers but cautions against measures that will increase red tape and drive up costs’. NewsWire/ Liam Kidston

newsPremiumDemand for supermarkets to fix shrinkflation

Woolworths and Coles could be forced to issue new warnings on all products to alert shoppers to a sneaky supermarket practice.

Jessica Wang

The landmark ACCC inquiry into supermarkets made 20 recommendations, however it did not support divestiture policies to split up supermarket giants. NewsWire/ Sharon Smith

updatedPremiumKey word missing in supermarket probe

A landmark probe into Australia’s supermarket giants made 20 recommendations to improve competition, but did not include one key measure.

Jessica Wang, Clareese Packer, Cameron Micallef

Coles CEO Leah Weckert and Woolworths boss Amanda Bardwell.

RetailCommentsSupermarkets could soon be forced to display ‘shrinkflation’

Australia’s supermarkets should be forced to alert customers of ‘shrinkflation’ as the competition watchdog concludes soaring grocery prices have resulted in additional profits for Coles, Woolworths and Aldi.

Cheyanne Enciso

ARIA said paid subscription services, like Spotify Premium and Apple Music, continued to be the dominant force

RetailCommentsCost-of-living pressures not enough to stop the music

Australia’s music industry has posted growth for the sixth-straight year in 2024 as consumers spend record amounts despite higher cost-of-living pressures.

Cheyanne Enciso

It’s not just eco-warriors buying electric vehicles — for some, it’s a way to keep costs down

AutomotiveCommentsWhy bright sparks are making the switch to EVs

It’s not just eco-warriors buying electric vehicles — for some, it’s a way to keep costs down

Richard Clune

What a growing world will be eating in the future.

AgricultureCommentsGrubs up! What a growing world will be eating in the future

Feeding 10 billion people by 2050 won’t be easy, but growing meat and feasting on insects are some of the ways to get us there.

Simon Collins

Myer executive chair Olivia Wirth.

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RetailComments
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Wirth promises to make Myer a ‘retail powerhouse’

Myer boss Olivia Wirth is confident she has the new growth strategies in place to establish the 125-year-old department store as a retail powerhouse amid tough trading conditions.

Cheyanne Enciso

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BreakingMyer shares tank on back of profit crash

Iconic department store brand Myer has suffered a brutal slump in profits as it struggles to reset its business.

Duncan Evans

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NEWSAussie shopping metric sinks to 10-year low

The cost-of-living crunch has deepened the wealth divide between younger and older Australians, new data shows.

Blair Jackson

EES Shipping managing director Brian Hack has warned consumers not to expect cheaper imports despite falling global freight rates.

TradeCommentsPremiumWhy lower global freight rates won’t mean cheaper imports

A WA-based freight forwarder has warned consumers not to expect cheaper imports despite global container rates hitting 70 per cent below the pandemic peak.

Cheyanne Enciso

Woolworths chief executive Amanda Bardwell.

RetailCommentsACCC report may create buying opportunity for Coles, Woolies

Woolworths shares have rebounded as Macquarie analysts anticipate investors to snap up supermarket stocks following the release of the competition regulator’s report into the sector.

Cheyanne Enciso

Uber Eats is now live in four new regional WA locations, including Broome.

FoodCommentsPremiumDelivery giant Uber Eats expands into new regional WA towns

Popular online food ordering and delivery platform Uber Eats has announced its expansion into four new locations in regional WA.

Cheyanne Enciso

Mr Banducci was in the top job for eight years. NewsWire

BUSINESSPremiumEx-Woolies boss’ surprise new gig

Woolworths’ former chief executive Brad Banducci – who resigned days after storming out of a trainwreck TV interview on the ABC’s Four Corners – has landed a new gig.

Nathan Schmidt

An industry expert warns consumers could soon be paying $7 for their cup of coffee.

RetailCommentsYou could soon expect to pay how much for a coffee?!

An Australian coffee roasting pioneer has warned consumers could soon be paying $7 for their favourite hit of caffeine.

Cheyanne Enciso

Coles chief executive Leah Weckert.

RetailCommentsSupermarket competition ‘very vigorous’: Coles chief

Coles boss Leah Weckert says the grocery giant is harnessing the power of artificial intelligence to manage supply chain headaches as she insists competition in the supermarket sector was ‘very vigorous’.

Cheyanne Enciso

Myer executive chair Olivia Wirth.

RetailCommentsWirth overhauls Myer exec team to become retail powerhouse

Myer boss Olivia Wirth has tapped a former executive from rival department store David Jones as its new chief financial officer as part of a broader revamp after its merger with Solomon Lew’s fashion brands.

Cheyanne Enciso

Savills UK has been trying to serve WA Supreme Court freezing orders against Fran Salerno, the wife of Ringers Western chief executive James “Hawkeye” Salerno and a product manager with the clothing and apparel group.

Courts & JusticeCommentsPremiumPommy property pedlars in $1.8m cash chase

Savills UK is fighting to get back $1.8 million it claims to have mistakenly transferred to an expat Brit who has done well Down Under.

Neale Prior

Consumers who bought a lamp from Melbourne retailer Panda Mart have been told to ‘stop using it immediately’.

NewsPremiumWarning about ‘deadly’ homewares product

Consumers have been warned to stop using products sold at a popular discount store after authorities found they could kill people.

Emma Kirk

Brad Banducci (left) is stepping into the chief executive role at TEG, a position formerly held by Geoff Jones (right).

CEOsPremiumFormer Woolies CEO lands plum new role

Former Woolworths chief executive Brad Banducci has announced his next career move in a game of executive musical chairs.

Alexandra Feiam

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