Yesterday
Hit to Woolworths sales from strike grows to $140m, expected to rise
The supermarket giant agreed to a pay deal with the union on Saturday, ending industrial action. But it will take weeks to restock stores and warehouses.
- Carrie LaFrenz and David Marin-Guzman
This Month
- Opinion
- Economics explained
Why price discrimination can be a good thing
The online age may make it easier for companies to predict what we’re willing to pay. But it also makes it easier for us to share stories of nasty corporate behaviour.
- Richard Holden
Woolworths scrambles to restock shelves after strike ends
A deal has been struck between the supermarket giant and union workers, ending pickets of key warehouses that have left shelves bare for weeks.
- Samantha Lock and Adrian Black
Woolworths has partial win in union blockade leaving shelves bare
The retailer’s win at the Fair Work Commission could dent an indefinite strike that has cost it more than $50 million.
- David Marin-Guzman and Carrie LaFrenz
The ill-fitting nightclub top behind a multimillion-dollar business
When Annabel Hay’s fashion tape let her down on a nightclub dance floor, her wardrobe malfunction became a fast-growing company selling modesty-saving glue.
- Updated
- Amelia McGuire
Frustration gives birth to ‘the Mecca of the baby world’
Phoebe Simmonds and Kate Casey saw customers embrace big changes in the beauty world. So they brought them to the baby industry.
- Lauren Sams
$3 hot dogs and a mini-shop behind $1.2b petrol bet
Service stations with the lot have arrived in Sydney as part of Viva Energy’s national rollout of the OTR brand, in a makeover that is 30 years overdue.
- Simon Evans
- Opinion
- Opinion
We’re all suffering from qualitynesia now
Borne along on the tide of technology, it is far too easy to forget that CD players sounded better than Spotify.
- Sarah O'Connor
- Updated
- Executive shake-up
Wesfarmers shuffles the decks to double down on Kmart, Anko Global
The move involves the department store’s CFO, Aleksandra Spaseska, being elevated to the top job. Her predecessor will focus on expanding the Anko brand.
- Updated
- Carrie LaFrenz
The one key lesson for family firms from Chemist Warehouse founders
After building a $30 billion pharmacy giant, brothers Jack and Sam Gance say the secret to a thriving business comes down to decision-making.
- Joanne Tran
Endeavour mulls an executive chairman as CEO search drags on
The largest shareholder of the Dan Murphy’s operator, Bruce Mathieson, said Ari Mervis could be a “short-term solution” to a permanent chief executive.
- Carrie LaFrenz
- Opinion
- Chanticleer
Wesfarmers CEO: ‘We can’t just wait around for rates to fall’
As Rob Scott says goodbye to an unsung hero of his own investment success, he says Australia’s tepid GDP growth can be a rallying point for the private sector.
- James Thomson
Amazon’s Temu copycat to fuel mindless Australian consumerism
The e-tailing giant’s “Haul” shopfront – an answer to cheap marketplaces that’s now on a US trial – is feeding a growing subculture of over-shopping.
- Vanessa Friedman
- Opinion
- Business Person of the Year
‘Focused, consistent’: How milk bar kids built $30b Chemist Warehouse
Chemist Warehouse founders Mario Verrocchi and Jack and Sam Gance have been named joint Business Person of the Year, alongside AirTrunk’s Robin Khuda.
- Anthony Macdonald
Bunnings hits back over market share claims
The Wesfarmers-owned retailer says assertions that it controls 70 per cent of plant sales in Australia are wrong.
- Tom McIlroy
Amazon is quietly turning into a major rival for Coles and Woolworths
Goldman Sachs estimates it is now the second-largest online retailer in Australia, but sales are still a fraction of the big supermarkets. Will that change?
- Updated
- Carrie LaFrenz
Restaurants warn fee ban will lead to prices to rise
The government’s proposal could see credit card users doubly penalised by paying higher prices, and face an additional surcharge set around 2 per cent.
- James Eyers
- Updated
- Woolworths
Woolworths strike bill tops $50m as disruption spreads to Dan Murphy’s
The nation’s largest supermarket operator has applied for an urgent tribunal order to keep unions from blocking access to distribution sites in Victoria and NSW.
- Updated
- Carrie LaFrenz and David Marin-Guzman
- Opinion
- Chanticleer
Woolies’ fresh crisis is nasty, but there’s a much bigger story here
New chief Amanda Bardwell’s baptism of fire has worsened, with a big hit from strikes. It’s a reminder that the cost-of-living crisis is far from done.
- James Thomson
Supermarket giants use the $5 Oreo to argue their discounts are real
The ACCC has accused Woolworths and Coles of misleading shoppers. The retailers say the regulator doesn’t understand how pricing works.
- Carrie LaFrenz and Tom McIlroy
