Retailers including Coles and Woolworths hope new stores will beat the spending blues
New stores are helping retailers grow topline sales but if conditions deteriorate, they may drag on earnings.
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New stores are helping retailers grow topline sales but if conditions deteriorate, they may drag on earnings.
For an insight into where Australians are spending their hard-earned money – and where they aren’t – trawl through the results of the nation’s listed companies.
The local share market has followed up a brutal week by closing at a 10-week low after modest morning losses accelerated in late trading.
Local shares were down at noon following their worst week in almost a year with markets on edge ahead of a meeting of the world's most powerful central bank.
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