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Myer Returns to Profits After Four Years, Withholds Dividends

Myer is pushing its customer-first initiative heavily in FY21, with its H2 FY21 results 'best since 2016'. But it still withholds dividends, despite JobKeeper, rent waivers and a boost in net profits.

Power Retail By Power Retail | 16 Sep 2021
Australians Bought More Online in July than Ever Before

Online is getting another boost as lockdowns spark a surge in e-commerce purchases. The ABS has recorded the highest monthly levels of online purchases in its history.

Power Retail By Power Retail | 03 Sep 2021
Australia Post's Temporary Pause on Online Deliveries: Experts Weigh In

Australia Post is temporarily pausing its Parcel Point collections from the 4th - 7th September, in an effort to reduce the strain as online orders skyrocket. What does this mean for retailers? We asked the...

Ally Feiam By Ally Feiam | 02 Sep 2021
AusPost Pauses E-Com Parcels as Backlog Reach Christmas Levels

Australia Post is temporarily pausing its parcel collections from online retailers across NSW, ACT and Victoria as its backlog reaches pre-Christmas levels. Here's what it means for retailers moving forward.

Power Retail By Power Retail | 02 Sep 2021
Consumer and Business Confidence Unsteady in August

Both consumer and business confidence are below the 2021 average as lockdowns continue across Australian states, but remain above the average 2020 levels.

Power Retail By Power Retail | 01 Sep 2021
Cettire's Share Price Remains Rocky Following 'Exceptional' FY21 Results

Cettire's share prices are climbing back after a dramatic slump this afternoon. This comes after the retailer released its FY21 results, which saw revenue increase by 304 percent.

Power Retail By Power Retail | 31 Aug 2021
Former Esther & Co. GM is the New CEO of Tigerlily

Tigerlily is welcoming Travis Wright as its new CEO, the former General Manager of e-commerce retailer, Esther & Co.

Power Retail By Power Retail | 25 Aug 2021
Woolworths & Uber Eats Partner, Offering Express Online Grocery Deliveries

Woolworths is upping its online grocery service by partnering with UberEats, promising express one-hour deliveries for customers in Melbourne and Sydney.

Power Retail By Power Retail | 23 Aug 2021
Decathlon Responds to $1.5 Million ACCC Fine

Decathlon has been hit with a $1.5 million fine from the ACCC for selling items that did not company with the applicable mandatory safety standards. 

Power Retail By Power Retail | 17 Aug 2021
JB Hi-Fi's Online Sales Growth 'Exceptional' as Net Profits Soar

JB Hi-Fi is reporting a strong year for online growth, with net profits increasing 67.4 percent and online surpassing 13.1 percent of total sales.

Power Retail By Power Retail | 16 Aug 2021
Consumer Confidence Drops Below 100, Lowest Since November 2020

Consumer confidence has taken a downward turn, hitting levels below 100 for the first time since November last year.

Power Retail By Power Retail | 11 Aug 2021
THE ICONIC's New Adaptive Edit is 'Inclusive, Accessible and Empowering' for Shoppers

Almost 20 percent of the Australian population live with a disability and access other needs, and despite this growing need to service and accommodate shoppers, many consumers are left out. THE ICONIC is hoping to...

Power Retail By Power Retail | 10 Aug 2021