Australiarets

Woolworths Group has reported a 4.5% increase in third-quarter sales to $18.1 billion, but the retail giant simultaneously warned of a potential hit to its profit margins.

Ethan Allen Interiors Chairman, President, & CEO Farooq Kathwari discusses the impact tariffs continue to have on US retailers, and how 'cautious' consumers are still looking to buy. he talks with Katie Greifeld and Scarlet Fu on "The Close."

Supermarket titan Coles (ASX:COL) announced emergency amendments to its freight levy agreements.

Australia’s fast food sector is hitting a decade-high growth spurt, with 359 new outlets opening last year despite the rise of appetite-suppressing drugs.

Coles Group (ASX:COL) booked group sales revenue of $23.6 billion for the first half of FY26, representing a 2.5% increase on the prior corresponding period.

Woolworths (ASX:WOW) has signalled a robust recovery in the first half of FY26, posting a 16.4% jump in net profit to $859 million.

Geoffroy van Raemdonck, CEO of Saks Global, discusses his vision for the company with Romaine Bostick on "The Close." He says he aims to build a profitable and sustainable Saks Global, with an initial focus on retail.