Topic archives: retailing business

Retailers, enjoy the boom while it lasts — the crash is coming

Retailers, enjoy the boom while it lasts — the crash is coming

January 10, 2014 6

The recent surge in retail sales makes the outlook brighter for employment, but don’t be surprised if it's just a temporary spike. Spending growth could slow as households become more cautious.

Is there blood on your T-shirt? Questions from Bangladesh’s tragedy

Is there blood on your T-shirt? Questions from Bangladesh’s tragedy

April 30, 2013 12

Hundreds of low-paid garment workers are dead after a factory collapse in Bangladesh. It's about time wealthy consumers in Western countries faced up to why their clothes are so cheap, argues Michele O'Neil, national secretary of the Textile, Clothing and Footwear Union of Australia.

Online apocalypse overstated: Myer’s doing just fine

March 15, 2013

The department store is embracing new business models, trialling new things and using the internet to its advantage. It seems to be working -- profits and sales are up. Go figure.

Retail not so tough, says Wesfarmers’ bottom line

August 17, 2012

The latest Wesfarmers profit disproves a couple of things that many in business and the media are eager to sell: that times are tough and profits are hard to come by in retailing.

Prophets and losses: it’s always someone else’s fault

May 29, 2012 8

It’s almost impossible to open the financial pages of a newspaper and not read about someone blaming someone else for their own mistakes.

Getting the long-term retail story right

May 22, 2012 1

The real story of what is happening in retail is one of economic reform, but the media are determined to ignore it, write Bernard Keane and Glenn Dyer.

A rate cut won’t stop Harvey Norman’s profit slide

A rate cut won’t stop Harvey Norman’s profit slide

May 3, 2012 2

A 0.5% rate cut can't stop this sort of slide in retail sales and more importantly, profits.

Take a raincheck on that private equity move into retail

January 12, 2012 1

Private equity has performed poorly in old retail. There's no reason why it will do any better as the sector faces major change.

Bartholomeusz: Billabong runs dry, retailers more nervous

December 20, 2011 10

It shouldn’t have taken yesterday’s profit warning from Billabong to alert the market that the retail sector is in trouble.

How retailers are shooting themselves in the foot

October 3, 2011 6

Forget about high interest rates, or poor consumer customers -- retailers are being destroyed by smarter competitors.

Retail turnover gets a caning

Retail turnover gets a caning

August 3, 2011 2

These are certainly not boom times, with the ABS showing that Australian retail turnover fell 0.1% in June 2011, seasonally adjusted, following a fall of 0.6% the previous month.

Gottliebsen: hurtling towards a retail cliff

Gottliebsen: hurtling towards a retail cliff

August 1, 2011 11

Non-food retailing, which employs 800,000 Australians, is in deep trouble, writes Robert Gottliebsen of Business Spectator.

Kohler: Gillard’s incurable retail affliction

Kohler: Gillard’s incurable retail affliction

July 25, 2011 32

Relations between the federal government and business are as bad as they’ve been for 40 years, and it’s not just because of the proposed carbon tax.

Despite 106,000 new jobs, the economy slows

December 1, 2010

Can an economy that created just over 106,000 new jobs in the three months to September, slow to a dirge-like stutter?

Woolies booming; stand by for a rate rise

February 26, 2008 1

Woolworths has shown why 2007 was a boom year for it and most of its competitors with a 28% rise in first half profit. Not the sort of news you want headlining a week out from a Reserve Bank board meeting that will consider another interest rate rise, writes Glenn Dyer.