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.
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.
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.
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.
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.
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.
May 3, 2012 2
A 0.5% rate cut can't stop this sort of slide in retail sales and more importantly, profits.
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.
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.
October 3, 2011 6
Forget about high interest rates, or poor consumer customers -- retailers are being destroyed by smarter competitors.
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.
August 1, 2011 11
Non-food retailing, which employs 800,000 Australians, is in deep trouble, writes Robert Gottliebsen of Business Spectator.
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.
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?
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.