Tag: Retail

Clive Peeters, the beleaguered whitegoods and electrical retailer has been bought by Harvey Norman Holdings Limited through liquidator PPB for $55 million.

Metcash, owner of IGA supermarkets and Australia’s largest independent grocery and liquor wholesaler, will acquire the Franklins supermarket chain for $215 million.

Importing celebrity fashionista Nicole Richie has proven to be a winning strategy for MidCity as the Pitt St retail hub re-opened after a multi-million dollar refit.

Vodafone Hutchinson Australia (VHA) is finally offering free calls between Vodafone and 3 Mobile customers over a year after announcing the companies would merge to create VHA.

Vodafone and 3 Mobile will begin ‘co-branding’ at the retail level from July 21st after the companies formally tied the not last year to form Vodafone Hutchinson Australia.

It is the corporate version of the tortoise and the hare, but with the backing of its multi-million dollar mother company Australian sports drink icon Staminade plans to regain ground in the race for national sports drink supremacy.

Australian retail sales were flat over the month of May, with retailers half-yearly sales failing to attract shoppers, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

Bunnings Warehouse has fired the first salvo in its war against soon to be rival Woolworths in a joint venture with Lowe’s, accusing it of circumventing planning and zoning laws.

Paris Cutler’s fabulous wedding marked the start of her complete career turnaround.

Clive Peeters has been found to be unprofitable in one third of its stores, with six Clive Peeters stores closing their doors today at the request of receivers PPB.