Retail

The Australian retail sector continues to struggle due to declining profit margins and skyrocketing costs, a report says.

Australian consumers are downbeat heading into Christmas, despite the Reserve Bank of Australia's decision to cut the cash rate to its lowest level in three years.

Australians are increasingly using their mobile devices to shop in the lead up to Christmas, PayPal data shows.

Shopping centre owner Centro Retail Australia is changing its name just 12 months after a massive company overhaul that kept the once debt-laden company afloat.

Myer has blamed economic conditions, the introduction of the carbon tax and a GST loophole on goods bought overseas for its weak performance.

AMP Capital has announced a $105 million redevelopment of the Ocean Keys Shopping Centre at Clarkson, after appointing Built Environs as builder of the project.

Shop owners have received some good news ahead of Christmas, with data showing the retail services sector expanding for the first time in 12 months.

Retail company Premier Investments says the lack of GST on overseas online purchases under $1000 is seriously harming Australian businesses.

Perth company Transaction Solutions International has received backing to the tune of $22 million from an Indian private equity group to fund the development of an ATM business on the sub-continent

The federal government has acknowledged the $1,000 threshold at which GST is collected on goods purchased from abroad is high by international standards, but has rejected calls for an immediate red

A December interest rate cut is looking more likely after official figures showed retail spending remained flat in October.

Cash Converters has announced a $32.7 million share placement to acquire franchise stores, open new corporate locations and finance its Australian and UK personal loans business.

The head of Western Australia's biggest industrial company says he's still having fun in the top job and has spoken in depth about how much he enjoys the role. Click through for video.

New research claims one in four Australian consumers feel emotions close to love when considering which brand to buy.

Harvey Norman chairman Gerry Harvey is expecting Christmas sales to be up on last year, especially if we have a hot summer.

Wesfarmers chief executive Richard Goyder says the tone of the national conversation has become too pessimistic, challenging business leaders to embrace the opportunities created by Australia's str

Poor customer service at David Jones is causing as much angst among shareholders as the troubled retailer's earnings woes.

West Australians are expected to spend $3.4 billion in total this Christmas, which would be a relief to the ailing retail sector.

Wesfarmers has received a boost, with Moody's upgrading its issuer and senior unsecured long term debt rating from Baa1 (positive) to A3 (stable).

An interest rate cut in December will give the non-mining sector a boost and support retailers in the lead-up to Christmas, Myer chief executive Bernie Brookes says.

Myer has shrugged off the Click Frenzy debacle and says it's pleased with the response to its online sale.

David Jones' first quarter sales rose by 0.3 per cent and the retailer says second quarter sales are so far following a similar trend.

The consumer watchdog has launched Federal Court action against several Harvey Norman franchisees, alleging they misled consumers on their rights.

Major retailers have fired the start gun on a pre-Christmas sales war, with online shopping at the vanguard of efforts to lure price-savvy consumers.

Despite three interest rate cuts since May, consumers aren't spending any more than they were five months ago.

The head of Billabong's United States business is considering taking control of the surfwear company.

The head of Cash Converters says a "first strike" delivered against the company's pay report on Friday is peculiar, given that shareholders approved executive share bonuses two years ago.

Clothing and camping equipment store Kathmandu has surprised the market with a dramatic jump in sales, in a positive sign for retailers approaching Christmas.

Consumers appear less concerned about the inflation outlook, despite recent official price data showing stronger than expected pressures.

Department store chain Myer has experienced its second consecutive quarter of comparable sales growth but chief Bernie Brookes is remaining cautious about Christmas sales.

Wesfarmers chief executive Richard Goyder says the company is performing in line with its profit guidance so far this financial year and its retail businesses are continuing to grow.

A transport union which says Coles risks lives by pressuring truck drivers to meet tight deadlines is staging protests aimed at the supermarket giant's shareholders as well as customers.