The books may not be cheaper,but the 145-year-old retailer’s other offerings – better online and in-store service,a strong loyalty program – aim to hook shoppers in.
Mall giant Vicinity has received an unsolicited approach from an interested buyer to take over the $1.57 billion development of Box Hill Central shopping centre.
Embattled budget retailer Mosaic Brands,which operates Katies and Noni B,announced it would be shutting down the Rockmans,Autograph,Crossroads,W.Lane and BeMe brands.
The global sneaker brand’s local sales fell in the 2024 financial year,with its headquarters recently installing a new CEO to reinvigorate the business.
But spare a thought for the small family farms of West Africa,who aren’t getting their fair share of soaring commodity prices.
Mosaic Brands,which employs 4000 staff in its stores such as Katies,Rockmans and Noni B,is struggling. To secure its own survival,it appears willing to sacrifice its global suppliers.
The billionaire rag-trader has his hands full amid a potential acquisition by Myer of five of its brands and a stoush with Smiggle’s ex-boss.
Two decades ago,Alex Assouline’s father had an epiphany.
The lack of a tax-cut-induced spending spree shows consumers have well and truly got the message about tightening their spending.
Myer shares have tumbled after the company unveiled its full-year results,but new CEO Olivia Wirth has vowed to invest in its languishing sass&bide,Marcs and David Lawrence brands.
The most shocking aspect to the end of the storage container maker is that it lasted this long.