A sinkhole has caused a traffic nightmare at a major Gold Coast shopping centre, with cars being diverted through a carpark. News Retailers pledge donations in fight against Australian bushfires. Panic buying has begun on Sydney’s besieged northern beaches, but the big supermarkets have urged their customers not to follow suit. Smashed by online retail and battered by COVID, shopping centres have been all but written off. Australian retail sales jumped 7.1% in November as shoppers were lured by pre-Christmas sales with the second-most populous state of Victoria emerging out … When an ex-pastry chef got together with a former Hockeyroos pro-athlete and a friend who worked in brand marketing, a curious new product was born. A brand new mega-sized Bunnings opens on Friday boasting national-first features and displays that give Ikea a run for its money. Retail Week looks at the Australian grocery market and whether Ocado can succeed where others have failed. Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. Australia's retail sales jumped 7% in November as compared with October on a seasonally adjusted basis, according to … The local sharemarket has recovered from an early sell-off sparked by Senate election jitters in the US. The ASX scraped higher to rack up a six-day winning streak despite a largely negative US lead. Retail workers have revealed why some shoppers are refusing to wear masks in store after the new $200 rule was introduced in Sydney. After unveiling its latest international deal, with Coles in Australia, Ocado Solutions is on a roll. Australia experiences increase in retail sales; China's CPI rises. The business will initially target Australia and Hong Kong, but will eventually extend its... New Zealand wine marketplace to target Australian connoisseurs, Asos revenue jumps 23 per cent in four months, Tyro faces legal action after prolonged eftpos terminal outage, How the Apple vs Facebook data wars will impact you, Michael Hill expects earnings bump after “outstanding” first half, Q&A: How US celebrity Teyana Taylor found her perfect fit in fashion. The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs. A raft of new restrictions have been rushed in to help Sydney fight a COVID outbreak. Australia’s second largest bank says it will do better in 2021 and pledges to pay its shareholders a proper dividend in the coming year. Fires, floods, cancelled weddings and a global pandemic - 2020 really did have it all. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. SYDNEY (Reuters) - Australian retail sales rebounded by 1.6% in October from the month before, as the second-most populous state of Victoria crept out of a long coronavirus-induced lockdown. Following successive two months of … - … After a tough year, many staff where wondering if they could afford to buy their children presents for Christmas. Nominal retail sales in November soared 7.1% over the previous month in seasonally-adjusted terms, following October’s 1.4% increase. More than 350 Coles workers chanted “Coles stole Christmas” as they marched through Sydney today, with one major gripe against the supermarket giant. Buy now, pay later providers have been given regulatory breathing space, while Australians continue to take scissors to their credit cards. Supermarket giant ALDI has suffered another blow in court after taking a union to court over its campaign about truck driver safety. All times AEDT (GMT +11). Select Kmart stores will from this week set aside two hours for a new program, providing a low-sensory environment for sensitive shoppers. Australia’s stock market dropped to its lowest point in three weeks following a global share sell-off sparked by the new, mutated strain of COVID-19. Breaking news and updates on the Australia retail industry covering technology, payments, stores, consumer trends and behaviours and more. While the retail industry is slowly getting back on its feet, new economic data has revealed the sector hurting more than most from the pandemic. Less than 24 hours after Brisbane’s coronavirus lockdown lifted, so too did this rule adopted by the major supermarket chains. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. Our team of retail experts track the latest industry trends, deliver and analyse key news, and visit retailers and their stores around the world to provide you with commercial insights that will help you build stronger plans and work more effectively day-to-day. News Stay up-to-date on the latest industry news and what’s happening at Retail Drinks Australia. A popular Australian jewellery retailer has been forced to close its UK stores due to a new lockdown sparked by a surge in COVID-19 cases. Breaking news and updates Australia: December 4, 2020. Bargain hunters will be able to access Boxing Day sales early this year, with retailers spruiking deals on Dysons, air fryers and more from midnight. A woman had a nightmare flogging two “unused” lampshades on Facebook after people spotted a seemingly dodgy substance in the sale pictures. An anonymous caller has left customers of a Queensland toy store “gobsmacked” after an extraordinary act of Christmas generosity. The ASX again slipped lower, with the big surprise being CSL’s hopes of producing a locally developed COVID-19 vaccine dashed. Australia Retail Sales Rise by Record as Economic Growth Resumes By . The JobKeeper scheme will officially end in March, despite desperate calls to extend it as border closures and lockdowns continue. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 years. The NSW government has revealed nearly a third of hospitality venues in the state have failed to follow an important health rule. Don’t miss out on getting your Christmas parcels in the post to avoid paying more. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 years. 2019-04-01T11:46:00Z. ... Yahoo News Australia. From retail bargains to consumer confidence news. Australia experiences increase in retail sales; China's CPI rises. Woolies and Coles have reintroduced buying limits in Queensland on a range of products to try and stop the panic buying that’s been taking place. On August 29 this year, Future Group had announced the sale of its retail and wholesale business to Reliance Retail in a Rs 24,713-crore deal. Online Retailing Offline Retailing The outdoor equipment store’s commercial has divided the community, with some people loving the ad and others hating it. 1 Comment . Michael Heath, January 10, 2021, 7:55 PM EST Excluding Victoria, household spending gained 2.6% in November One of the best parts of the holiday season are the end of year Boxing Day sales and there are plenty of big name brands on offer. David Jones has revealed the top products the major department store sold over the recent Black Friday and Cyber Monday sales period. Kmart’s reindeer Christmas stockings look cheerful on first glance but one eagle-eyed shopper has discovered an awkward manufacturing mistake. A Sydney mum has spoken about a terrifying find in her Woolworths gingerbread house when she went to have an evening snack. Shopping 9:25am Dec 27, 2020 Australia Retail Sales Rise 7.1% as Melbourne Trade Resumes (Bloomberg) -- Australian household spending jumped in November as the southeastern state of Victoria was released from lockdown and consumers took advantage of discounts during annual Black Friday sales. But one reckons it has the secret to survival – and it involves Ninja Warrior. Retail and hospitality businesses will miss out on $1.4bn in tourist dollars because of the absence of cashed-up Chinese visitors for Chinese New Year. Retail World is the most trusted and respected source of information for the Australian grocery industry. Australian shoppers are being wooed by a number of limited-time online sales as retailers pivot to take advantage of the biggest shift in consumer spending in history. Newscorp Personal Finance Writer Sophie Elworth says spending has risen by seven per cent from October to November and 13 per cent on a yearly basis. Over in Australia, the S&P/ASX 200 fell 1.05% to close at 6,599.60. Nearly one in five Australians are making this mistake, turning their shopping bargains into a dud deal. This updates the preliminary result of 7.0 per cent, and follows a rise of 1.4 per cent in October 2020. The BBC's Frances Mao looks at why the nation's retailers are struggling. Retail … But there was one loss we felt harder than the others. Commercial retail agent David Bourke says the empty shops are a bad look for retail strips. Read the breaking Retail coverage and top headlines on Forbes.com It was founded by Benjamin Dunkerlay since 1897. The Australian retail industry growth has been fueled by the rise of the shopping mall, private equity investors, big-box retailers, vertical brand integration, and internet shopping. SYDNEY--Australian retail sales grew robustly in October after Victoria state, which accounts for around a quarter of the country's economy, emerged from a prolonged lockdown. A cascade of Australian fashion brands have shut up shop in recent times. Then a mystery customer stepped in. 06 Jan 2021 . 2020-01-09T15:47:00Z. Tech, mining and healthcare stocks dragged the Australian sharemarket lower but it would have been worse without gains by the big banks. Analysis: Will Australia deliver success for Ocado? Retail. Forbes is a leading source for reliable news and updated analysis on Retail. The company that owns Gloria Jean’s and Donut King is accused of knowingly selling unprofitable franchises in action by the ACCC. Latest retail news including retail bargains, business sales figures, consumer confidence news, and shopping centre news headlines. Sales are tipped to fall 0.6 percent on month after climbing 1.4 percent in October. A former Bachelor of the Year turned entrepreneur is making big waves with a new wine label that’s grown 3000 per cent in pandemic-driven online sales. Akubra is owned by the Keir family. Australians were getting their finances in order during the height of the coronavirus pandemic but this bad habit has re-emerged. The seasonally adjusted estimate rose 1.6% ($460.5m) from September 2020 to October 2020. Authorities want “many thousands of people” at a major shopping centre for Boxing Day sales, at a long list of stores, to get tested due to a new mystery case. What’s driving Menulog’s triple-digit growth streak? When a 19-year-old from Perth started an online idea from her parents’ kitchen with just an Instagram account, she had no idea it would be so successful. It had also announced plans to merge key group companies, including Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks into FEL. NSW Health officials want passengers on a regional flight to get tested as they increased the venues and places the contagion may have spread. The owner of Just Jeans, Jay Jays and Peter Alexander has updated its earnings outlook for the first half of the financial year. Find out more about our policy and your choices, including how to opt-out. Car sales in WA were stronger than anywhere else in Australia in 2020, aside from the ACT, although they were still down on the prior year. It looks like any other of the supermarket giant’s outlets, catering to 20,000 customers a week, but this new ‘dark’ Woolworths isn’t on the map. But a decision to go ahead with an outdoor market sparked fierce debate. This brother and sister from Perth turned an idea for their mum’s 60th birthday present into a multimillion-dollar global e-commerce empire. Fruit and veggies are set to get more expensive over summer as farmers can’t get enough workers to pick the harvest in a nationwide labour shortage. Shoppers have flocked to Sydney’s CBD in search of a Boxing Day bargain despite health authorities asking people to stay away. Retail news headlines Aussies spend close to $3bn on Boxing Day sales Boxing Day shoppers in Sydney and Melbourne spent more than $1 billion yesterday, with retail sales nationally expected to nudge $3bn. Howden, the international insurance broker, part of Howden Group Holdings, announced yesterday that it is building on its 20-year relationship with Steadfast, the Australian insurance intermediary network, by forming a strategic partnership to … Target stores across Australia will start to be converted into Kmarts from the start of this year. Stay up-to-date on the latest industry news and what’s happening at Retail Drinks Australia. The owner of Coon Cheese has explained the company’s new name, saying despite criticism, “activist” consumers disliked the old name. ETRetail.com brings latest australia news, views and updates from all top sources for the Indian Retail industry. This followed encouraging year-on-year growth rates of 7.1 per cent in October. It had also announced plans to merge key group companies, including Future Retail, Future Lifestyle Fashions, Future Consumer, Future Supply Chains and Future Market Networks into FEL. The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney. For over 70 years we have been at the forefront of all the changes, challenges and experiences our industry had faced and will continue to provide the same trusted information and industry insights into the future, servicing the supermarket channel and FMCG trade. How to return a broken item: ‘No returns’ policy, legal advi... Big rise in Australian shopping habits a promising sign for ... New Kmart stores: The Target stores closing and being conver... Find out more about our policy and your choices, including how to opt-out. Early Tuesday, the market sees the preliminary reading for the November month Retail Sales data from Australia at 00:30 GMT. #Australian e-commerce #Australian retail news #COVID #lockdown #online retail news #Power Retail #South Australia . Popular Aussie brand Zimmermann has copped a huge backlash online over a $795 beach dress, prompting an apology from the company. Users report major problems with the Service NSW app, which is used for contact tracing and mandatory for many businesses. An iconic brand has been forced to apologise to staff after a franchisee sent out a video message regarding the Christmas and New Year period. An Aussie wine company had its iconic, luxury brand counterfeited by Chinese fraudsters who put cheap wine in fancy-looking bottles. Australia: Retail sales jump in November. That blew away expectations for a decline of 0.6 percent following the 1.4 percent increase in October. Australian economy is riding on $507 billion government stim... China hits back at Australia over Hong Kong joint statement. Shocking photos of a beauty salon accused of offering lip fillers and eyelid clippings in a cockroach-infested back room have been released by a court. Business. A trusted voice of the Australian retail industry in news, advice, and advocacy for more than 117 years. Workers at Bunnings, Coles and Woolies will be spared a COVID-19 pay cut under proposed new laws that will see many workers worse off. Retailbiz covers every aspect of Australia’s retail sector with a focus on the innovations and technologies that are driving the industry forward. The Australian Retail Outlook 2020, co-produced with Inside Retail offers retailers key insights into the year ahead. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. The ASX finished flat after two straight days of gains as shares in buy now pay later market darling Afterpay climbed to a fresh record. Two anti-masker ‘Karens’ have hurled abuse at staff in a Sydney Ikea store, telling them to “shut up” after being asked to wear face masks. Australia’s largest bank has dealt a blow to savers, implementing further rate cuts that are more than the recent interest carving by the central bank. It’s a ridiculously price cheap, with some users wondering if you could get a packet for free because one cent is no longer legal tender in Australia. Akubra is owned by the Keir family. Yahoo News Australia. The business is riding high on the combined forces of Covid-19 and Snoop Dogg. A McDonald’s favourite just got even better with a new “dream combination” while two favourite burgers are back on the menu for summer. From today, there’s one that comes with a big fine for noncompliance. It was founded by Benjamin Dunkerlay since 1897. Thailand will provide November figures for imports, exports and trade balance. WA's retail spending was up by more than 16 per cent in the year to November 2020, outperforming all other states. Retail Sales MoM in Australia averaged 0.49 percent from 1982 until 2020, reaching an all time high of 16.90 percent in May of 2020 and a record low of -17.70 percent in April of 2020. Find Australia's most trusted resource for retail industry updates and breaking news. Boxing Day shoppers have been urged to stay home – but retailers are worried a lack of in-store customers could mean “considerable” losses. On the back of a rough year for retail in 2019, things got worse in 2020, with several major retailers and iconic Aussie brands forced to fold. Coles data shows that a few Aussie states have upped their charitable giving to help people doing it tough and support families affected by childhood cancer. Australia retail sales rise 7.1% as Melbourne trade resumes The gain was driven by Victoria - up 22.4 per cent - as Melbourne stores were able to trade for a full month. COVID-19 has changed the way Aussies will do their Christmas shopping, and it looks like retailers should be worried. news.com.au — Australia’s leading news site, Just Jeans owner revises earnings outlook, ’Won’t be buying’: Cheese rebrand slammed. Fans could not believe it was actually real, but KFC is claiming its latest game-changing product really does exist. PHOTO: REUTERS The deadline to get them delivered on time is fast approaching. Aussie make-up retailer Mecca has launched court action against a cult cosmetic brand endorsed by supermodel Rosie Huntington-Whiteley. Australia About Blog Retailbiz covers every aspect of Australia's retail sector with a focus … Michael Heath, November 3, 2020, 8:16 PM EST Cafes, clothing and footwear lead gains as restrictions lifted The Coon name will be retired after more than eight decades in the wake of racism claims, with the company finally unveiling its new look. Retail turnover rose 1.4% in October from September, the Australia Bureau of Statistics said Friday. Over the last week or so, we've seen the PS5 restocked at Best Buy, GameStop, Antonline, and other stores. Warwick P January 12, 2021 0. Opinions have been divided after Coles started selling hot cross buns on Boxing Day - and Woolies won’t be far behind. Gerry Harvey says stores that encourage their staff to have the COVID-19 vaccine may be more attractive for consumers. Economic News. A champagne war is unfolding in one of Sydney’s most affluent suburbs after a local business woman accused her “best customer” of being a blatant copycat. Australian household spending surged by a record last quarter, led by cafes and clothing and footwear stores as Covid restrictions in much of the … Australia Retail Sales for November, final: +7.1 % m/m, the emergence of Victoria from lock-down and Black Friday sales giving the Nov figs a boost. It has been a brutal year for Aussie retail – and one image perfectly sums up the extent of the devastation facing small businesses. Consumer 4:36pm Oct 9, 2020 - … Briscoe Group gets new director; Canada Goose appoints head of new Asia Pacific division; ... We chat with the new creative director of women's fashion brand Pretty Little Thing. Australia Retail Sales for November, final: +7.1 % m/m, the emergence of Victoria from lock-down and Black Friday sales giving the Nov figs a boost. After a string of retail collapses this year, another Australian company has gone bust amid the COVID-19 economic recession. Australian October 20 Retail Sales - Full Report. Popular sportswear brand Lorna Jane has been hit with a lawsuit over alleged false claims its activewear could ‘kill coronavirus’. When Melburnian David Andrew launched a start-up with a simple idea, he had no idea it would be making millions through a pandemic. RetailBiz. The product will soon hit shelves in NSW and Western Australia. Shoppers ’refuse to wear masks’: Retailers, Boxing Day shoppers told to get tested now, Horror look at ‘illegal’ beauty salon: court, Fear of virus spread in Boxing Day crowds, ASX slips as Sydney’s virus cluster grows, Lorna Jane sued over ridiculous virus claim, Kmart’s hilarious Christmas stocking fail, ‘Silly’: Australia’s China boycotts backfire, First look inside new Bunnings mega store, Photo reveals Australia’s sad retail disaster, How Aussies are flushing cash down toilet, Kmart, Target to change after child injury, ASX scrapes higher for sixth straight day, ‘Tragic’: Fruit and veg price to skyrocket, Call made on buy now, pay later surcharge. Popular homewares retailer Adairs keeps getting more and more online sales despite the COVID-19 health crisis easing. Breaking news, analysis and opinion on the world of retail in Asia and right across the Asia Pacific region. Australia Retail Sales Rise 7.1% as Melbourne Trade Resumes By . PHOTO: REUTERS Breaking news, analysis and opinion on the world of retail in Australia and right across the Asia Pacific. Yahoo News Australia The truth behind a Woolworths packaging change that has infuriated customers Woolies shoppers slammed the retailer for being "cheeky" after news of the change surfaced. If you’ve left it to the last minute to snap up Christmas gifts and food supplies, we’ve got your back with this essential guide to holiday trading hours. Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com. The business that gives half of its profits away has eyed massive growth this year with a waitlist of more than 500,000 people to get toilet paper. Could afford to buy a controlling stake in a family-owned wholesale business their customers to! Gain in October 2020 have an evening snack, luxury brand counterfeited by fraudsters. 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