Some Australian retailers will be hard hit with Fair Work Australia’s decisions to increase modern award minimum wages by 3.4 per cent.
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Woolies sells centres for $266M
In a joint venture with Telstra Super, Charter Hall Retail REIT has expanded its shopping centre portfolio by buying eight neighbourhood and sub-regional shopping centres from Woolworths.
In search of the next young retailer
The NRA Young Retailer of the Year competition is calling retailers for nominations to recognise and reward excellence amongst young retailers under the age of 25.
Mitre 10’s three year business plan
A year after Metcash’s acquisition of a 51 per cent share in Mitre 10 Group, the hardware is reorganising its operations and growing its network across the country.
Kmart commits to QLD development
Construction is scheduled to commence in May 2011, and will comprise of a 50,036 sqm warehouse and 1,689 sqm of office space, hardstand area and additional hardstand expansion space.
REDgroup closing more doors
A further 16 Borders bookstores will close under the third round of restructure, Ferrier Hodgson, the administrators of REDgroup Retail, said.
Brisbane retailers back in business
Brisbane Marketing conducted a post-flood photo shoot of the city for media and Brisbane’s CBD retailers and businesses to use across their marketing and promotional materials, demonstrating the city is getting back to business.
Small town says no to Woolworths
Retail chain Woolworths is being challenged to an ‘opinion poll tie breaker’ by Mullumbimby, a small town on the NSW Far North Coast which is fighting plans for a new big-box supermarket.
Sony launches Dash wireless internet tablet (video)
It looks like a clock radio or digital photo frame on steroids but it is actually Sony’s new Dash – a sophisticated wireless internet device that is more like a personalised seven-inch touch screen tablet.