Kontoor Brands, the apparel company behind Wrangler and Lee, is to acquire Canadian outdoor workwear brand Helly Hansen from Canadian Tire Corporation. Founded in Norway in...
Since launching Quiet Hour in 2019 to reduce customers’ anxiety and sensory stress, Woolworths has expanded the initiative from one day to five days a week....
Wesfarmers posted higher net profit amid stronger sales across its retail businesses in the fiscal first half ended December 31. The group’s net profit rose 2.9...
Chinese milk tea and ice cream chain Mixue has surpassed McDonald’s to become the world’s largest food and beverage chain by store count. According to research...
Mosaic Brands will unlikely be able to pay its creditors, including suppliers and landlords, for goods and services supplied before October 28 last year, when the...
Retailers have welcomed the Reserve Bank of Australia’s decision to slash the interest rates to 4.1 per cent, but said they have yet to see any...
Following the path of US companies like Walmart, Tractor Supply Co and Amazon, Target Corporation recently announced it would be pulling back on its diversity, equity...
Centuria Capital Group has acquired the Logan SuperCentre in Brisbane’s south for $115 million, which CBRE says is the biggest large format retail (LFR) deal in...
New Zealand’s Commerce Commission is seeking opinions to help it decide whether or not to grant clearance to Woolworths’ proposed acquisition of Beak & Johnston. In...
Coles reportedly plans to cut its range by at least 10 per cent to boost sales and achieve higher profit. According to the Australian Financial Review,...