Australia
Australians to spend $540m on Father’s Day amidst decline in spending
Australians to spend $540m on Father’s Day amidst decline in spending
The top gift category is alcohol and food, accounting for 34% of total spending.
7-Eleven Australia opens new format concept store in Bowen Hills
It offers an extended range of everyday essentials and an expanded food selection.
Australia's Coles opens second automated distribution centre in $1b tech push
It is set to process over four million cartons weekly, equating to 32 million products.
KFC Australia launches voice AI in drive-thrus
The fast food chain assures that no jobs will be lost due to this innovation.
Enhanced protections for retail workers in Australia urged amidst crime surge
Key demands include stricter laws, better retailer-police collaboration, improved data sharing, and more technology.
Crocs and Mosaic Brands settle lawsuit over shoe design
Mosaic will discontinue the production and sale of the disputed footwear styles and similar designs by year-end.
Casella Family Brands to inaugurate 5.7MW solar farm for Yenda site
This will supply 35% of the facility’s power needs.
Australia leads alcoholic ready-to-drink innovation
It accounted for 40% of all new brand launches and sub-brand introductions in the alcohol RTD sector in 2023.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
What drives Australia's retail transformation
Next-generation consumer channels and behaviours are anticipated to shape retail growth trends.
Brandon Park Shopping Centre in Melbourne up for sale
It boasts a total lettable area of 23,038 square metres.
Neal Reed named as senior vice president and managing director for P&G ANZ
He succeeds Kumar Venkatasubramanian, who is moving to lead P&G's business in India.
Authentic Brands Group names Lim Mi-Kyoung as SVP and head of ANZ
She will lead the brand's regional expansion efforts.
Retail investment in Australia soars to $2.6b in Q4 2023
Regional and sub-regional centres attracted over half of retail investment volume in 2023.
Taylor Swift's concert boosts Australian retail sales by 0.3% in February
The clothing, footwear and personal accessories sector saw the biggest growth.
Grown Alchemist opts for private ownership post L'OCCITANE exit
The brand is targeting international expansion, with a particular focus on North America and China.
7-Eleven International completes $1.1b acquisition of 7-Eleven Australia
The agreement adds over 750 stores in Australia to 7-Eleven International's global portfolio.
Commentary
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