Latest Retail News

Contact Energy’s December 2024 report reveals a nuanced operational landscape with slightly lower mass market sales but improved netback prices and significantly reduced generation costs, underscoring efficiency gains amid evolving market dynamics.

Audeara has officially launched its Clinico Sound Earbuds CS1 in Taiwan through a strategic partnership with Clinico Inc., marking a key step in its international expansion and tapping into a growing hearing health market.

The GPT Group has forged a strategic partnership for Rouse Hill Town Centre and increased its ownership in Highpoint Shopping Centre to 25%, unlocking $176 million in net proceeds to reduce gearing and fuel future investments.

Bubs Australia has reported a strong Q2 FY25 performance with a positive EBITDA turnaround and robust revenue growth, while advancing its critical FDA clinical trial in the US.

Vinyl Group Ltd has successfully closed its retail entitlement offer, raising $7.65 million to complete the acquisition of Concrete Playground Pty Ltd and strengthen its cash reserves. The offer garnered strong support from shareholders, underscoring confidence in the company’s strategic direction.

Vinyl Group has successfully closed a fully underwritten retail entitlement offer, raising $7.65 million to complete its acquisition of Concrete Playground and strengthen its cash position.

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.

Immuron Limited reports a striking 70% quarter-on-quarter increase in Travelan® sales, driven by expanded pharmacy distribution in Australia and North America.

Premier Investments reveals a steady sales performance despite ongoing cost-of-living challenges, while preparing for a strategic merger with Myer.

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.