Australian newspaper circulation has slid in the three months to June 30, according to recent data.
Wine maker Australian Vintage Ltd (ASX: AVG) said on Thursday that it has returned to profit status as consumers shifted their preference for branded wines and a sustained cost-reduction scheme earlier implemented conspired to deliver impressive results for the company.
Australian department store chain Myer (ASX: MYR) today reported a 0.7 per cent increase in full-year sales and forecast earnings before interest and tax (EBIT) to exceed previous guidance.
Giant beverage firm Coca-Cola Amatil Ltd (ASX: CCL) announced on Thursday that it has netted high earnings from its first half operations this year, garnering some $212.7 million from the first six months leading to the end June and improving by 12.1 percent from the net profit posted in the previous corresponding year.
The Minister for Primary Industries and Water, Bryan Green, today launched a new initiative from Australian supermarket group Woolworths (ASX:WOW) that will benefit farmers in Southern Tasmania.
Australia's leading tea brand Lipton Quality Black have grown at a rate faster than the market since its maker Unilever decided to procure tea from sustainable plantations.
Maggie Beer Products is voluntarily conducting a consumer level recall to remove from shelves and homes all of its 500mL Chicken Stock in the 29248 batch.
The value of farmed salmonid production climbed by 7 per cent to $323 million in 2008-09, based on the latest ABARE-BRS Australian fisheries statistics 2009 report.
Mark McInnes has returned to the country to defend allegations against him in a $37 million sexual harassment case, raising questions about what contractual obligations the former chief executive of David Jones (ASX: DJS) has to the Australian retailer its own defense in the case.
The Alliance of Australian Retailers today called on the government to abandon its policy to require plain packaging for tobacco.
Sensear, a Perth-based developer and manufacturer of high noise communication headsets, today announced the completion of a A$7.1 million private funding round backed by existing shareholders. The capital infusion will be used to fortify global sales growth and enhance Sensear's technology and product range.
Cancer Council Australia and the National Heart Foundation of Australia today called on all political parties to back the plan to phase in plain packaging of tobacco products, as a new, big-budget media campaign funded by the tobacco industry seeks to roll back the important health measure.
S&P/ASX200-listed Aevum Ltd. rose in Sydney trading after the Australian retirement village operator turned down an A$266-million ($242 million) unsolicited buyout proposal from its biggest shareholder, Stockland.
Bleak retail growth of only 0.2 per cent in June is very disappointing and reflects challenging times for retail as it climbs out of the crater left by the global financial crisis, said Australian National Retailers Association (ANRA) CEO Margy Osmond.
A record $37 million lawsuit brought against Australian department store David Jones (ASX: DJS) by one of its employees is overshadowing the retailer’s launch of its spring-summer fashion collection.
A record $37 million lawsuit brought against Australian department store David Jones (ASX: DJS) by one of its employees is overshadowing the retailer’s launch of its spring-summer fashion collection.
Caltex Australia (ASX:CTX) today launched a high ethanol-based fuel designed for use in Holden's VE Series II Commodore flex-fuel vehicles to be released later this year.
The stealing of nearly $20 million from Clive Peeters by the company accountant is a major factor in the collapse of the Australian electrical retailer, the Victorian Supreme Court heard today.
Supermarkets are increasingly tapping into the 'local' trend, driven by consumers' desire to support and feel part of their community, according to Datamonitor's consumer markets analyst.
Premier Investments (ASX:PMV) sees its Just Group retail business to post annual net profit of $78 million to $81 million, and expects significant improvement in the year ahead.
In the latest indication of struggling with vehicle problems despite works to overhaul quality control, Toyota is recalling nearly half a million cars for problems that can cause the steering wheel to lock up.
Optus today announced that it will offer the iPhone 4 in Australia on July 30 with a range of plans.
The National Highway Traffic Safety Administration (NHTSA) said Monday that Nissan is recalling 46,000 units of the 2009-2010 Cube due to possible problems with fuel spilling during rear end collisions.
Wesfarmer's Coles has announced in a company statement today that it has signed a new two year agreement as the exclusive supermarket sponsor of Network Ten's MasterChef Australia.
Wesfarmers says the market share of Coles supermarket lagged behind in the 2009-10 fiscal year and more work was required to make a successful recovery.
Electrical and furniture retailer Harvey Norman Holdings Ltd (ASX:HVN) has posted a moderate rise in full-year sales, although its fourth-quarter figures were hit by weaker consumer sentiment.
The Australian bourse was floating in morning trade after higher-than-expected sales figures from Wesfarmers and gains in banking shares.
Australia's major retailer Wesfarmers (ASX: WES) says it had a strong performance over the year after boosting sales by 4.3 per cent at its Coles supermarket business.
The Gold Coast’s Oracle development will house prime luxury in two high-rise towers when the hotel opens some time before the year ends.
Australian food and retail franchise owner and operator Allied Brands (ASX: ABQ) has lowered profit guidance for the second time in six weeks due to larger write-downs.
