Friday, November 15, 2024

News & Latest Stories

Litigation funder backs out of Woolworths class action

IMF Bentham Limited (IMF) last week announced that a proposed class action against Woolworths Limited no longer meets its investment criteria and has accordingly decided not to proceed with funding the claims. The...

Retail recruitment: hire great talent quickly and with ease

By Xref Sales Director Mike Brett. As Australians return to work and school, retailers are coming up for air from the chaos of the busy holiday period. In preparation for the year ahead,...

AFGC welcomes TPP revival

The Australian Food & Grocery Council says the resurrected Trans-Pacific Partnership, covering 11 nations that together constitute around 30 per cent of the global economy, will bring significant benefits for Australia’s food...

Retailers grow online audience over Christmas

Grocery retailers fared well with their online offerings over the Christmas period, with Woolworths, Coles and ALDI all reporting notable growth in audiences for their sites and apps. According to Nielsen Digital Ratings...

Small-business approaches to ACCC up 30pc in six months

The Australian Competition and Consumer Commission says almost 5,000 small businesses reached out to the organisation in the second half of 2017, up from 3,700 in the preceding six months. “Alleged misleading conduct,...

Votes are in for Allen’s Fruits & Cream addition

Following a week-long campaign that pitted three contenders against one another, Allen’s has announced the latest addition to its Fruits & Cream range – Blackberry & Cream – based on consumer votes. Voting...

Cyber incidents top list of Aussie business risks

Cyber incidents are now the number-one risk for Australian businesses, according to the latest Allianz Risk Barometer. The report is published yearly by Allianz Global Corporate & Speciality (AGCS), with the 2018 version...

Tesco to cut 800 jobs in reducing hierarchy

Giant retailer Tesco has eliminated three management roles within its UK business structure, which it says will involve a net 800 job losses. The role of people manager has been removed from 757...

Global powers and challenges revealed

Now in its 21st year, Deloitte’s Global Powers of Retailing report identifies the 250 largest retailers globally by revenue, and examines current global trends and economic prospects in retail. Top-250 Australian stalwarts, Wesfarmers and Woolworths,...

Red Bull adds a winning smile to its iconic formula

To show support for Australian Formula 1 driver Daniel Ricciardo, Red Bull has launched limited-edition packs that immortalise Daniel and his distinguished grin. The release coincides with the return of Aston Martin...

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