This Month
- Opinion
- Retail
RIP to fast and free shipping
The urgency around overhauling retail businesses to offer speedy delivery at no extra cost turned out to be an expensive reaction to a momentary trend.
- Leticia Miranda
- Exclusive
- Retail
Retail sector to bounce back in 2024 faster than expected
The sector will be helped by higher population growth and moderating interest rates, says KPMG partner James Stewart.
- Carrie LaFrenz
How Australia Post CEO secured letters reprieve where others failed
The understated and straight shooting Paul Graham has pulled off what his “rock star” predecessors, Ahmed Fahour and Christine Holgate, could not.
- Patrick Durkin
How new postie rounds will work when daily letters are dead
The Greens and crossbench senators have reserved their right to force a vote on changes to Australia Post that would end daily letter deliveries.
- Patrick Durkin
- Exclusive
- Retail
The six locations where AusPost is testing the end of daily letters
The government is expected to sign off on dropping such deliveries potentially as early as this week, as part of a restructure of Australia Post.
- Patrick Durkin
November
Alibaba shock move casts fresh pall over China Inc
Anticlimactic results overall show that fundamentals are still not strong enough to inspire renewed investor conviction on China tech.
- Bloomberg News
- Exclusive
- Conflict of interest
Deloitte accused of double-dealing Honda sellers
Honda dealers are suing their parent company, and say auditors Deloitte used their confidential accounts data to help the car manufacturer buy them out cheaply.
- Jessica Sier
October
Chastened Redbubble avoids second strike
Shareholders voted in favour of Redbubble’s remuneration report and backed the current board, at the expense of self-styled activist Michael McConnell.
- Tess Bennett
Activist wins proxy support in battle over Redbubble seat
A retired activist investor seeking a seat on Redbubble’s board has been endorsed by two proxy firms.
- Tess Bennett
Redbubble shares soar 30pc after profit update
After returning to the top job earlier this year, chief executive Martin Hosking said Redbubble was underlying cash flow positive last quarter.
- Updated
- Tess Bennett
September
- Exclusive
- Funding
Entrepreneurs get $28.5m for new start-up, after big money exit
After selling their respective companies, two founders have banked $28.5 million from Singaporean VCs for their new e-commerce software start-up.
- Tess Bennett
Alibaba’s ex-CEO quits as Jack Ma’s lieutenants take helm
The resignation has added new layer of uncertainty to China’s largest e-commerce company just as it is navigating a complicated break-up.
- Jane Zhang
August
Forget retail, Kogan says he’s now running a tech company
Ruslan Kogan’s eponymous retail business has booked a fall in sales, but he says there is a gold nugget hidden in its earnings.
- Paul Smith
Temple & Webster’s AI powers homewares sales
In early fiscal 2024, revenue is up 16 per cent, and AI-enhanced product descriptions have led to an increase in revenue per visit.
- Updated
- Carrie LaFrenz
Cettire founder $60m richer after earnings update
The Young Rich Lister Dean Mintz controls 45.94 per cent of the online luxury platform. His stake gained $60 million in value on Thursday.
- Carrie LaFrenz and Joanne Tran
Meet the woman tasked with steering Aldi to new heights
Arriving in Australia more than two decades ago, Anna McGrath is now running the discount chain locally and is one of the global company’s most senior women.
- Carrie LaFrenz
July
- Analysis
- Bulls & bears
Kogan sales slump but shares surge as it goes back to basics
Ruslan Kogan started by selling TVs out of a garage, so running on the cheap has never been a problem, and investors are seeing the value of recent frugality.
- Paul Smith
Hedge fund LHC backs Cettire to form duopoly with Farfetch
LHC told clients that the “dropship” retailer had impressed, “highlighting the rapid and profitable global success the business is enjoying”.
- Joanne Tran
How IKEA’s boss defied its founder and listened to its customers
Jesper Brodin embraced e-commerce as part of a transformation at the Swedish furniture giant and a “licence to go bananas” in a bid to stop fearing mistakes.
- Richard Milne
June
Prysm Capital stocks up at Pet Circle
San Francisco-based Prysm Capital tipped an additional $75 million into the online pet supplies business on Wednesday, cementing its $1 billion-plus valuation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
