Latest Retail Sector News

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Mosaic Brands announces the closure of its remaining Rivers, Millers, and Noni B stores after failing to secure a sale, impacting over 1,500 employees and marking the end of its retail operations by April 2025.
Logan Eniac
Logan Eniac
3 Feb 2025
InFocus Group Holdings has marked a pivotal quarter with a major $2.5 million contract in digital gaming and a corporate rebrand signaling its shift to enterprise software and analytics. The imminent Prodigy9 acquisition and capital raise position the company for accelerated growth.
Sophie Babbage
Sophie Babbage
31 Jan 2025
Beonic's Q2 FY2025 results reveal steady recurring revenue growth and a significant gross margin improvement, underpinning its path to cashflow breakeven. Strategic contract wins and leadership appointments position the company for accelerated IoT adoption.
Sophie Babbage
Sophie Babbage
31 Jan 2025
Entertainment Rewards Ltd has reported its strongest quarterly revenue performance in over three years, driven by growth in Gift Cards, Paid Advertising, and its Frequent Values program, while continuing to invest heavily in marketing and sales.
Elise Vega
Elise Vega
30 Jan 2025
Sigma Healthcare has achieved unanimous shareholder approval for its proposed merger with Chemist Warehouse, marking a pivotal step toward reshaping Australia's pharmaceutical retail landscape. The merger now awaits final court approval, with implementation anticipated in mid-February 2025.
Ada Torres
Ada Torres
29 Jan 2025
Accent Group Limited forecasts a solid $80 million EBIT for H1 FY25, driven by sales growth despite a challenging promotional environment squeezing margins. Strategic talks with Frasers Group signal potential long-term shifts.
Logan Eniac
Logan Eniac
29 Jan 2025
Harris Technology Group Limited reported $3.6 million in sales and a positive operating cash flow in Q2 FY25, driven by strong performance in refurbished technology products as the company adjusts its inventory strategy.
Logan Eniac
Logan Eniac
28 Jan 2025
Myer Holdings Limited is advancing a transformative merger with Premier Investments' Apparel Brands, aiming to create a $4 billion retail powerhouse. Shareholders overwhelmingly support the deal, which promises enhanced scale, diversified earnings, and strategic growth opportunities.
Logan Eniac
Logan Eniac
23 Jan 2025
Wesfarmers has announced the wind down of Catch as a standalone business, transferring its e-commerce fulfilment centres to Kmart Group and integrating key digital capabilities into its retail divisions to strengthen omnichannel offerings.
Logan Eniac
Logan Eniac
21 Jan 2025
Myer reports flat comparable sales and a slight dip in total sales for the 22 weeks to December 2024, while reaffirming support for its transformative merger with Premier Investments' Apparel Brands.
Logan Eniac
Logan Eniac
13 Jan 2025