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City Chic's US Acquisition Proves Unsuccessful

City Chic's aim to acquire US womenswear plus-size brand, Catherines, has been unsuccessful after it was outbid by USD $24.8 million.

Power Retail By Power Retail | 18 Sep 2020
Amazon Flex is Expanding Across Australia

Amazon Flex has been in Australia since January, but now it's hitting Queensland, debuting in Brisbane to cut delivery times for online consumers.

Power Retail By Power Retail | 17 Sep 2020
Consumer Confidence Increases as Victorian Cases Decline

Consumer confidence across the country has risen by 1.3 pts as coronavirus cases continue to drop across Victoria.

Power Retail By Power Retail | 15 Sep 2020
"Disastrous and Shameful" - Premier Attacks Myer

Premier Investments has issued a scathing response to the recent Myer FY20 results, calling for the 'immediate resignation' of the Myer Board, and for an 'urgent' management overhaul. 

Power Retail By Power Retail | 10 Sep 2020
Myer's Total Sales Slip, Online Comes Out On Top

Myer has reported a slip in total sales in the last financial year, with online sales soaring amid the pandemic. 

Power Retail By Power Retail | 10 Sep 2020
BREAKING: Ex-Myer Execs Save Aussie Retailer from Collapse

Two ex-Myer executives have rescued the Aussie jewellery and accessory retailer, Colette by Colette Hayman, from collapse.

Power Retail By Power Retail | 09 Sep 2020
Seafolly Appoints New CEO to 'Fix, Reset and Grow' the Brand

Seafolly is having quite a turbulent year. From filing for voluntary administration in mid-2020 to the acquisition of Jets Swimwear, the retailer is now naming a new CEO to further expand its offering.

Power Retail By Power Retail | 08 Sep 2020
Inside the Recession and What it Means for Retailers

Australia has officially entered its first recession in nearly 30 years, due to the economic downturn caused by the global pandemic.

Power Retail By Power Retail | 07 Sep 2020
Retail Turnover Increases 3.2 Percent, Online Sales Continue to Soar

Australia is facing its first economic recession for the first time in decades. In a new report from the Australian Bureau of Statistics, retail turnover has continued to increase amid the global pandemic and uncertain...

Power Retail By Power Retail | 04 Sep 2020
Rumours Fly as Booktopia Looks to Float

Booktopia has been experiencing rapid growth in the last few months, and rumours are now flying about what the leading online bookseller will do next.

Power Retail By Power Retail | 02 Sep 2020
Amazon Introduces Electric Delivery Vans Across Europe

Amazon's next step in its sustainability pledge is underway with the introduction of nearly 2,000 electric delivery vans unveiled across Europe.

Power Retail By Power Retail | 01 Sep 2020
Adore Beauty Inks New CEO Role

Adore Beauty is flipping its leadership roles around, with the introduction of its new CEO, Tennealle O'Shannessy.

Power Retail By Power Retail | 28 Aug 2020
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