All Australia articles – Page 8

  • Coles general manager Dimitrios Bairaktaris called for grocers to study store cupboards

    NRF: Coles calls for grocers to study store cupboards


    Grocers should operate their supply chains based on what is in their customer’s pantry in the future, says Coles general manager, merchandise and logistics, Dimitrios Bairaktaris.

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    UK shoppers are biggest online spenders, OfCom reveals


    UK shoppers spend more money online than any other “major” country, a report by OfCom has revealed.

  • News

    Coles Group reports net sales increase


    Coles Group has reported that net sales at its Coles division – food and liquor plus convenience outlets – rose 4.2% to Aus$8.44bn (£5.44bn) in the quarter ending September 30.Food and liquor sales were Aus$6.6bn (£ 4.25bn), up 4.9% on the previous corresponding period. Comparable food and liquor store sales ...

  • News

    Woolworths sells its Dick Smith electronics chain


    Woolworths has sold its Dick Smith electronics chain in Australia and its Indian wholesale venture for a combined AU$55m (£35.4m).Private equity firm Anchorage Capital Partners was the winning bidder, paying an initial AU$20m (£12.9m).Additionally, Woolworths will sell Woolworths Wholesale to Infiniti Retail – part of India’s Tata Group – for ...

  • News

    Andrew Reitzer to retire from Metcash


    Metcash has revealed that Andrew Reitzer will retire as chief executive next year on June 30. His retirement does not come as a surprise, as he had announced in 2010 that he would step down within three years.Reitzer will stay on as a consultant for Metcash for another three years ...

  • News

    Aldi Süd plans store network increase


    Aldi Süd wants to devote more investment to the state of Victoria as it ramps up its store network.Managing director for Australia Tom Daunt has called on state governments to follow Victoria’s lead by streamlining planning laws, enabling Aldi and other retailers to gain a bigger footprint and take on ...

  • News

    Harvey Norman reports net profit decrease


    Consumer electronics specialist Harvey Norman described its year to June 30 as one of its most difficult.The retailer reported a 32% fall in net profit to AUD172.5m (£111.3m) compared with the previous year. The drop was blamed on soft consumer sentiment and discounting.Chief executive Gerry Harvey was more positive about ...

  • News

    Hollister to open first Australian store in 2013


    Abercrombie & Fitch-owned US fashion brand Hollister will open its first Australian store next year. It comes as several international clothing retailers plan to enter the market, including Uniqlo, H&M, J Crew, Banana Republic and Forever 21.The Hollister brand will launch in a mall to test the market before an ...

  • China is one of the main destinations UK retailers are targetting for new ventures

    Retailers set sights overseas for sales boost


    Two thirds of British retailers expect their overseas sales to increase over the next five years and name Germany as the market most likely to provide growth.

  • News

    Abercrombie & Fitch to open Australian Hollister store


    Abercrombie & Fitch will open its first Australian Hollister store next year. It comes after a number of international clothing retailers have said they will open stores in the market. Uniqlo will open soon, along with retailers including H&M, J Crew, Banana Republic, Sephora, Victoria’s Secret and Forever 21.Abercrombie & ...

  • News

    Woolworths launches drive-through supermarket


    Australian retailer Woolworths has launched the nation’s first drive-through supermarket. Customers are able to collect an order placed online without having to leave their car. The free service is being offered at the Warringah Mall in Sydney.

  • News

    Coles releases full-year results


    Coles released its full-year results for the 12 months ended June 30. Headline food and liquor sales of Aus$26.2bn (£17.51bn) were 4.6% above 2011, while like-for-like sales increased 3.7%.That was a better performance than rival Woolworths, which posted a full-year Australian food and liquor sales increase of 3.8%.

  • News

    Grocer Woolworths reveals full-year sales growth


    Grocer Woolworths revealed that full-year sales from continuing operations rose 4.8% to A$55.13bn (£36.4bn) in the 12 months to June 24.The continued roll-out of Woolworths’ new 2015 store format, with a focus on value and innovations in fresh food, contributed to the rise.The retailer opened 38 Australian supermarkets during the ...

  • News

    David Jones offer withdrawal probed


    Mystery and controversy surrounded a potential bid for Australian retailer David Jones. The retailer’s shares rocketed after a takeover offer was apparently made by an unheard of British private equity firm.The offer was subsequently withdrawn and Australian regulators were probing the issue.The would-be buyer, EB Private Equity, was not listed ...

  • News

    Metcash to step up its game in hardware sector


    Grocery wholesaler Metcash is stepping up its game in the competitive hardware sector.The business currently holds a 50.1% stake in DIY network Mitre 10 and will purchase the remainder of the chain if the DIY retailer’s financial performance for the year to June 30 meets expectations.The acquisition will set it ...

  • News

    Woolworths to reduce number of self-checkouts


    Woolworths plans to reduce the number of self-checkouts in city stores, has reported.The retailer has already installed about 2,000 NCR Selfserv Checkouts throughout its store portfolio but is expected to remove them from inner-city locations. They will be replaced by a single-line queue.Woolworths said the change was “about customer ...

  • is to expand into Asia starting with a business in Singapore

    My-Wardrobe set to enter Asia

    2012-05-17T09:38:00Z is to expand into Asia starting with a business in Singapore.

  • News

    Banana Republic may launch in Australia


    Gap-owned fashion retailer Banana Republic may launch in Australia, it has been reported. Local operator Busbrand is in talks for the licence for the brand. “It’s early days but we’re very excited,” says Busbrand chief executive Andrew Bousie.Busbrands operates three Gap stores in Australia and as well as fashion chains ...

  • Westfield Stratford has notched up almost £500m of sales since opening last September

    Westfield Stratford approaches £500m of sales


    Westfield Stratford City has notched up almost £500m of sales since opening last September.

  • News

    Harvey Norman posts profit warning


    Harvey Norman posted a profit warning following disappointing results in the first nine months of 2011. Unaudited preliminary accounts for the period indicate profit before tax of Aus$204.8m (£129m), a drop of 24.8% compared with the prior year period.The retailer said its technology categories continue to be affected by a ...