And the winner is... Wesfarmers
Wesfarmers has come out on top for the tenth quarter straight over rival Woolworths boasting Coles delivered a "record-breaking" Christmas.
Woolworths' strong first half 5% increase
Woolworths has produced what has been described as "solid" half-year results with sales reaching $29.7 billion, a 5 per cent increase on the previous year.
Pumpkin Patch pulls plug on UK operation
After reviewing its United Kingdom operation, Pumpkin Patch has decided to pull out from that market, appointing administrators to its UK subsidiary company.
SFG to focus on online business
Specialty Fashion Group will be looking to "rationalise" 120 of its bricks and mortar stores over the next three years as it looks to focus on its other channels.
DJs opens new store in $450M redevelopment
David Jones will be opening a new store in a "high value", growing area of south west Brisbane in the Indooroopilly Shopping Centre.
Sales up for Country Road
Fashion retailer Country Road seems to have had a succeeding half year, reporting that sales were up 5.1 per cent on the corresponding period last year.
Noni B strives in retail gloom
Noni B expects after tax profit to be in the range of $2.1 to $2.4 million for the first half of FY2012 compared to $1.5 million for the same period last year.
Super Retail prepares for 35% sales growth
It announced group sales for the 26 weeks to 31 December 2011 is expected to be $758.6 million, mainly contributed to the success of the Rebel Sports and Amart All Sports businesse.
Euro crisis dampens Billabong's sales
Just like its fellow retailer JB Hi-Fi, Billabong was reporting at its AGM in October to be trading wel but this quarter the sales growth trend has "deteriorated significantly".
JB Hi-Fi not flying so high
Despite numerous reports that JB Hi-Fi is one of few large Australian retailers that are bucking the trend, it too is also now admitting to feeling the pressure of the struggling retail sector.
