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Woolworths' strategic priorities are in motion

Woolworths continues to focus on its strategic priorities, which were initially outlined in 2011, as it continues to see good momentum in its results.

Posted Mon 30/09/2013 01:44:16 / Read More »

Strong second half eases pain of a tough year for Harvey Norman

Harvey Norman has released its annual report for the 2013 financial year, showing declines in earnings and profits, largely driven by weaker results in the first half of the reporting period.

Posted Mon 30/09/2013 12:40:43 / Read More »

Future investments on Wesfarmers' agenda

Despite several hurdles like a soft economic environment and price deflation in a number of categories, Wesfarmers remained at the top of its game.

Posted Mon 30/09/2013 11:39:20 / Read More »

Store rollout delivers positive results for The Reject Shop

Recently, some retailers have downsized their store footprint but The Reject Shop has been doing the exact opposite and it is starting to pay off.

Posted Wed 21/08/2013 02:39:07 / Read More »

Amidst transformation and uncertainty, Woolworths posts solid sales

Woolworths Limited has reported group sales of $59.2 billion for the past financial year, saying that, despite consumer uncertainty, the retailer is undergoing "transformation" and seeing solid growth.

Posted Tue 30/07/2013 03:30:15 / Read More »

'Consumers are doing it tough' but Radio Rentals still finds strength

Thorn Group, parent company of Radio Rentals and Rentlo, has used its annual report to comment on "poor" retail conditions and the tough times consumers are facing. Despite this, the company has found success with a new format.

Posted Tue 23/07/2013 03:00:06 / Read More »

Woolworths admits to massive Masters losses

Woolworths revealed that its Masters home improvement business is hemorrhaging money, losing almost $160 million before interest and tax.

Posted Fri 19/07/2013 04:30:17 / Read More »

The Iconic gets $28M in new funding

Online fashion retailer The Iconic has received an additional $28 million in new funding led by family-owned Belgian company Verlinvest.

Posted Mon 15/07/2013 08:36:09 / Read More »

Unchanged cash rate leaves retailers frustrated

The Reserve Bank's decision to hold interest rates have left many retailers frustrated as they continue to face excessive rises in business costs.

Posted Tue 02/07/2013 03:14:47 / Read More »

Billabong debt refinancing discussions

Billabong has said refinancing and asset sale discussions with potential suitors Altamont Capital Partners and Sycamore Partners are "well in advance".

Posted Thu 27/06/2013 03:20:22 / Read More »

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