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Tag 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

Callam Pickering January 10, 2014 6 Comments

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

Crikey April 30, 2013 12 Comments

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

Glenn Dyer 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

Glenn Dyer 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

Adam Schwab May 29, 2012 8 Comments

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

Crikey May 22, 2012 1 Comment

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

Glenn Dyer May 3, 2012 2 Comments

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

Crikey January 12, 2012 1 Comment

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

Stephen Bartholomeusz December 20, 2011 10 Comments

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

Adam Schwab October 3, 2011 6 Comments

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