Western Australians are likely to reduce their discretionary and overall spending during the second half of 2024, a report from the Chamber of Commerce and Industry WA has found.
An independent Sydney chain will take over 11 pet stores in WA after emerging as the big winner from a crackdown on the nation’s second-largest pet products retailer.
Car dealer Eagers Automotive’s dramatic share price drop this week was costly for shareholders, notably the local Wheatley family, the value of whose stake fell more than $30 million yesterday.
WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics.
Despite a slight dip in revenue following the festive season, Cash Converters is keen to build on its momentum for the remainder of the 2024 financial year.
Despite its total group sales revenue rising by 3.4 per cent from $9.7 billion to $10 billion in the March 2024 quarter, Coles Group chief executive officer Leah Weckert is acutely aware that customers are minimising their discretionary spending.
Vacuum cleaner retailer Godfreys will shut its 13 stores in Western Australia among the mass of closures after no suitable buyers prevailed to save the troubled business.
Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
ASX-listed Joyce Corporation generated $73.1 million in the first six months of the 2024 financial year, up 6 per cent from the prior corresponding period.
Wesfarmers is preparing to sell spodumene into the market but doesn’t expect to make a profit, as it continues to ramp up its Mt Holland lithium asset.
Retail magnate Jim Kidd’s passing at the age of 70 leaves a 44-year-old sporting goods chain that has survived some of the toughest challenges the sector has faced.
An interested party has submitted a proposal for financially troubled Catalano Seafood, as administrators from McGrathNicol tally its multi-million-dollar debts to creditors.
Western Australian retailers are pleading for a hardline crackdown on workplace attacks amid shock new data that reveals most shop attendants no longer feel safe at work.
Administrators have been appointed to diamond dealer Macabi Diamonds owned by Yoni Levy who saved prominent jewellery store Rosendorff from receivership in 2019.
The nation's retail turnover rate rose by 0.5 per cent in July while Western Australia recorded a fall of 0.4 per cent, according to the Australian Bureau of Statistics.
A fruitful year for Kmart and WesCEF have helped Wesfarmers post a solid result for 2023, as the conglomerate gears up for its first sales from lithium outfit Mt Holland next year.
Cash-strapped Australians are hunting multiple supermarket aisles in search of bargains amid a post-COVID cost-of-living crisis which has seen significant belt tightening by mortgage holders and re
Giving casual workers the right to become permanent employees will not affect business profits, the employment minister says, as the federal government seeks to shake up industrial relations laws.&
Western Australian jeweller Solid Gold Diamonds has debuted a $2 million piece containing one of just 12 deep pink diamonds unearthed from Rio Tinto’s closed Argyle mine.
The managing director of the WA conglomerate has told a forum in Sydney that Wesfarmers is open to more ‘bolt-on’ acquisitions following a string of expansion projects.
