Earnings at supermarket giant Coles have fallen for the first time since its acquisition by Wesfarmers nine years ago, as its sales growth slowed further amid stiff competition.
Electronics retailer JB Hi-Fi has reported strong sales growth for the 2017 financial year and says it expects that to continue heading into the peak Christmas trade.
Motorists could end up paying more for fuel if BP's proposed $1.8 billion takeover of Woolworths petrol stations goes ahead, the competition watchdog warns.
Stirfire Studios is set to join the ranks of publicly traded games companies such as Japan’s Sony and Nintendo, and Electronic Arts and Activision Blizzard in the US.
Strong winter sales growth in Australia and New Zealand has boosted outdoor clothing retailer Kathmandu's full-year profit by as much as 13.4 per cent.
A lengthy leadership transition provided Richard Goyder with the ideal preparation for his role as Wesfarmers’ boss in 2005, the outgoing managing director told today’s Business News Success & Leadership breakfast.
Shares in Cola-Cola Amatil have fizzled following news Woolworths will pull all but two of the beverage giant's Mount Franklin water products from shelves.
End-of-financial-year specials failed to maintain May's positive tone on new car sales for Western Australia, with numbers for June down 5.5 per cent as the financial year ended with a whimper.
Coca Cola-Amatil has suffered a double blow, losing a contract with Australia's largest pizza chain to its rival and failing to get its latest no sugar offering on the shelves of supermarket giant Woolworths.
Fifty years after Ronald and Valerie Frank started a camera repair business from their home, their two sons oversee a fast-growing business that combines a new bricks-and-mortar store with an expanding online presence.
The Perth-based distributor of the Thermomix kitchen appliances in Australia is being taken to court by the consumer watchdog for allegedly misleading customers when the products were found to be dangerously faulty.
Australia's food and grocery prices have to come down further because they are "crazy" compared to the rest of the world, Coles managing director John Durkan says.
New car sales in Western Australia grew on a monthly basis for the first time in four years in May, but the upswing still falls well short of the slide in sales for the year to date.
Amazon poses the biggest threat to Wesfarmers' discount department stores Kmart and Target rather than specialty retailers like JB Hi-Fi, investment bank Morgan Stanley warns.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott’s remuneration package.
Shareholders in failed consumer electronics retailer Dick Smith are a step closer to taking class action against the business on the grounds they were misled about the company's profitability.
Perth-based Automotive Holdings Group will incur a $35 million write-down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.
The company operating Topshop's Australian stores has entered voluntary administration, becoming the latest in a list of retailers to stumble amid sluggish consumer spending.
Wesfarmers has decided against spinning-off its Officeworks stores via an initial public offering due to the market's current dim view of retail stocks.
Retail spending has slowed for a second consecutive month, official figures have shown, as consumers tighten their purse strings amid low wages growth.
