Hydrogen vehicle plant fuels hope of Melbourne manufacturing revival
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Hydrogen

Hydrogen vehicle plant fuels hope of Melbourne manufacturing revival

Australia’s first purpose-built assembly plant to manufacture hydrogen-powered commercial vehicles will be built in Noble Park.

  • byNick Toscano

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COVID fear and supply famine join to decimate Kmart,Target’s earnings
Opinion
Retail

COVID fear and supply famine join to decimate Kmart,Target’s earnings

Over December and January as physical stores reopened there emerged a new set of challenges - the scarcity of staff and an abundance of consumer fear.

  • byElizabeth Knight
Wesfarmers says Kmart,Target hit by Omicron surge

Wesfarmers says Kmart,Target hit by Omicron surge

Wesfarmers has warned its discount chains,Kmart and Target,are taking a hit as the Omicron variant scares away shoppers and disrupts deliveries to stores due to COVID-related staffing shortages.

  • byColin Kruger
Woolworths withdraws bid for Priceline owner API

Woolworths withdraws bid for Priceline owner API

Wesfarmers is now the frontrunner to take over the company that also owns the Soul Pattinson Chemist and Pharmacist Advice chains.

  • bySarah Danckert
Costco’s Australian stores post record sales as bulk buys boom

Costco’s Australian stores post record sales as bulk buys boom

Costco’s sales in Australia hit nearly $3 billion in 2021 - a record for the US membership-only supermarket chain.

  • bySarah Danckert
Overseas retailers boom as local groups struggle in lockdowns

Overseas retailers boom as local groups struggle in lockdowns

Comfortable fashion and kitting out the home office led Uniqlo and IKEA to post bumper profits in 2021 despite rolling lockdowns crimping in-store purchases.

  • bySarah Danckert
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WA business elite pay $5500 for intimate dinner with Mark McGowan

WA business elite pay $5500 for intimate dinner with Mark McGowan

Greens MLC Brad Pettit said cash for access forums were bad for democracy. “They give the wealthy and powerful disproportionate access to ministers and the Premier and frankly reinforce policy decisions in favour of the groups that they represent while excluding others that aren’t as cashed up.”

  • byHamish Hastie
Wesfarmers issues Woolies warning to pharmacists as Priceline battle heats up

Wesfarmers issues Woolies warning to pharmacists as Priceline battle heats up

Wesfarmers has taken its campaign to win a takeover battle with Woolworths for the Priceline chain directly to pharmacists.

  • byDominic Powell
‘Second fiddle’:Wesfarmers boss says Woolies not right for API

‘Second fiddle’:Wesfarmers boss says Woolies not right for API

The head of Bunnings owner Wesfarmers claims Woolworths will prioritise its own health and beauty division over pharmacists if it’s successful in its bid.

  • byDominic Powell
Woolies could face political,regulatory hurdles in $870m Priceline bid

Woolies could face political,regulatory hurdles in $870m Priceline bid

On Thursday,Woolworths shocked the market with its $1.75-a-share offer to acquire Priceline owner API,gazumping longstanding retail rival Wesfarmers. But it may not be smooth sailing getting the deal over the line.

  • byDominic Powell andRachel Clun
Staff shortages at major retailers worsen ahead of Christmas

Staff shortages at major retailers worsen ahead of Christmas

Staff shortages at some of Australia’s largest retailers could threaten trade over the festive season.

  • byDominic Powell