Australia: latest retail news, insights and analysis | ESM Magazine

Forecourt Operator Couche-Tard Shelves Caltex Australia Buyout

Alimentation Couche-Tard Inc's buyout of petrol station operator Caltex Australia Ltd has become the latest victim of the coronavirus outbreak, as fuel dem...

Woolworths To Close All Country Road Stores In Australia Amid Coronavirus

South Africa's Woolworths Holdings has temporarily closed all Country Road Group stores in Australia for four weeks and will stand down 5,000 employees the...

South Africa's Woolworths Hit By Weak Australia, December Results

Half-year earnings at South Africa's Woolworths could drop by as much as 20%, the retailer has warned, sending its shares down more than 4%. The company...

Kaufland To Withdraw From Australia, Focus On Core Markets

Discounter Kaufland has announced it has made a 'strategic decision' to withdraw from the Australian market, to focus on its core European businesses. T...

Circle K Owner Sweetens Proposal For Caltex Australia

Canadian convenience store operator Alimentation Couche-Tard Inc sweetened an approach for Caltex Australia with a A$8.61 billion (€5.27 billion) offe...

Britain's Sainsbury's In Wholesale Deal With Australia's Coles

British supermarket group Sainsbury's has struck a deal to sell packaged groceries and household products in Australia as it seeks to grow its wh...

Kaufland Australia Gets Green Signal For Two More Stores

German retailer Kaufland has announced that it has obtained the approval to open two more outlets in Victoria. In March of this year, the retailer acqui...

Australian Shoppers Splurge In Boost To Retailers, Economy

Australian retailers enjoyed their best sales in February since late-2017 in a boon to economic growth in the first quarter, signalling surprising resilien...