Parent company of Better Home Living BSR Australia has appointed Bob Ansett as a director of the board.
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Charter Hall buys from Metcash
Charter Hall’s $565 million wholesale Core Plus Industrial Fund has acquired a 50 per cent freehold interest in the Metcash regional distribution centre in Perth.
Retailers underpaying staff
The Fair Work Ombudsman has helped recover $585,000 for 755 retail staff who were being unknowingly underpaid in light of random audits of almost 2,000 retail employers.
Fletcher closes as jobs go
The restructure includes the immediate closure of 15 Fletcher Jones stores across Australia and 61 staff being made redundant.
Christmas spending warms up
Spending levels are predicted to be up on 2010 as retailers enter into the peak Christmas shopping period this week, according to the ANRA.
Retailers struggle to pay bills on time
The study found that two-thirds of businesses took longer than the standard 30 day period to settle their accounts.
Rebel Sports sold to Super Retail
Super Retail Group has expanded its existing retail portfolio with the acquisition of Rebel from Archer Capital for $610 million.
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