Small business sales improved in June to be 6.6% higher year-on-year, according to an ANZ report, although non-retail and service sector small businesses continue to outperform those in retail.
The retail landscape in Australia may not be dead, but the shifts that have taken place have hurt several major players. So how can the little guys adapt to the evolving marketplace?
A new survey shows more than half of Australia’s small business owners are more stressed now than 12 months ago.
Queensland property franchise Go Gecko has been placed into voluntary administration, but the company says its franchisees will be unaffected by the move.
The recent optimism about consumer spending has been labeled a “mirage” by a leading economist, with the latest Commonwealth Bank Business Sales Indicator falling by 0.3%.
As Costco opens its third Australian store today industry experts say small retailers shouldn’t worry, claiming some will actually benefit from the expansion.
Westpac is predicting a 1% cut to interest rates, putting it at odds with the other major banks, as low consumer sentiment continues to hurt business confidence.
Industry groups are calling for greater clarity on carbon price policy, claiming the small business sector has been left in limbo with regard to how the tax will impact on bottom lines.
Franchise operator Collins Foods, operator of KFC outlets in Queensland, will join the Australian Securities Exchange next month with a capitalisation of about $235 million.
Start-ups have been warned to think twice before taking out a lease in a major shopping centre after it was revealed that Spencer Street Fashion Station has been placed in receivership.
Younger consumers are more willing to spend than their older counterparts but are relying on credit cards to do so a new Dun & Bradstreet survey reveals.
Consumer sentiment has hit a two-year low as concerns escalate about the European financial crisis, the ongoing impact of interest rate rises and the carbon tax.
The details of the carbon tax are out. You need to take a look at your supply chain to see how your business will be impacted.
Sales of private label bread have doubled since Coles and Woolworths slashed prices to $1 a loaf earlier this month, putting pressure on independent bakery operators.
Insolvency experts are urging retailers, manufacturers and tourism operators to downgrade growth targets in light of new insolvency figures revealing that those sectors are the hardest hit.
Retail sales unexpectedly fell 0.6% in May according to the Australian Bureau of Statistics as consumers adopt a wait and see approach to spending while they await the next interest rate rise.
Survey reveals widespread confusion is accompanying impending super contribution changes.
I’m a believer in the adage that you can’t go forwards by looking backwards. To ascertain your next move, you need to explore your mistakes.
Pessimism is increasing among Australian companies, according to a new KPMG survey, despite opportunities arising from the resources sector and the digital economy.