A group of prominent IGA store owners have banded together to form a new grocery buying cooperative that analysts say could cause problems for Metcash.
Credit Suisse analyst Grant Saligari proposed the"left-field"solution as a potential win-win for both retailers and shareholders.
Wesfarmers,Super Retail Group and Metcash all could witness a material change in their finances due to the devastating bushfires.
With 76 stores across the country's east coast,Australia's largest independent supermarket chain is preparing for another overseas invasion
Gambling giant Tabcorp has injected more fresh blood into its boardroom amid investor discontent over some existing directors'length of tenure and the group's below-market returns.
The grocery wholesaler is feeling the impact of the loss of two major contracts and a slow home improvement market.
It's the second goodwill impairment the $2.6 billion retailer has taken in two years.
The S&P/ASX 200 has ended the week lower,but did rise on Friday's session thanks to strong gains in materials and industrials.
The wholesale giant's supply agreement with the convenience store chain will end next year after it couldn't accommodate 7-Eleven's delivery and route demands.
Australian retailers have been spooked into action following Woolworths'record $300 million admission of underpayment.
Woolworths,Coles and IGA have issued confectionery giant Ferrero a'please explain'over a report alleging child labour is rife in its supply chain.