Big private car retailer DVG Automotive Group has released its results for the 2015 financial year, showing a tightening economy had not significantly hit its sales ahead of the sale of a majority stake to Japanese interests.
Aldi has opened its first four Perth stores to much fanfare across the city, ending a three-year-plus wait for the German supermarket chain to touch down in Western Australia.
Changes to the private label offerings at Woolworths supermarkets are a defensive response to the growing popularity of German discount retailer Aldi, but won't have the impact the retailer hopes it will, according to a Sydney business academic.
Wesfarmers' full-year profit will be hit by write-downs and restructuring costs of about $2 billion related to its Target department stores and Queensland coal mine.
Aldi continues to gear up for the June opening of its first four Perth stores, with its $60 million distribution centre in Jandakot receiving stock and Western Australian producers lining up to sup
Perth-based confectionary company Yowie Group has tapped investors for a $32 million capital raising to fund an expanded rollout of its product in the US market.
Preparations are being made for international fashion giant H&M to open its long-anticipated second store in Perth, while the Plaza Arcade is in line for a $6 million revamp to make room for another flagship global tenant.
One part of the Dick Smith business has been snapped up by an entity affiliated with Harvey Norman, although employees will still need to wait for a liquidation process to receive overdue entitlements.
Woolworths' hefty investment in lowering grocery prices has failed to show any sign business is turning around, with the retailer's food and liquor sales declining 0.9 per cent in the third quarter after adjusting for Easter.
Perth Airport has partnered with national property manager Vicinity Centres to develop a $145 million 110-store direct factory outlet near the airport.
Supermarket giant Aldi has confirmed its first Western Australian shops will open on June 8, at Lakeside Joondalup Shopping City, Mirrabooka Square Shopping Centre, Kwinana Marketplace and Belmont
Wesfarmers has disclosed that $18.1 million worth of supplier rebates had artificially inflated Target’s half-year earnings and up to 10 people were involved in the collusion.
Wesfarmers has announced the resignation of Target managing director Stuart Machin, just days after it confirmed an investigation into accusations that supplier rebates may have artificially inflat
Malaga-based window blinds manufacturer Kresta Holdings has scaled back its executive team with three roles being made redundant, while its chairman has taken a big pay cut.
Brookfield Multiplex will start work by the middle of the year on a $350 million expansion of Mandurah Forum, with the redevelopment to make the southern suburbs mall the sixth-biggest shopping cen
The expansion plans for Perth’s major shopping centres are gaining momentum, with Scentre Group’s Westfield Carousel, Westfield Innaloo and Westfield Whitford City likely to be the first to start work, near the end of 2016.
Former Skilled Group boss Angus McKay has been named chief executive of convenience store chain 7-Eleven, replacing Warren Wilmot who resigned from the role last September after revelations of franchise staff being underpaid.
