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The ASX hit an intraday high on Thursday.

ASX rises as banks and miners jump, while Wesfarmers falls

The Australian sharemarket hit a new high on a bumper day for the reporting season.

  • Staff reporter

Latest

Launa Inman has led Target, Officeworks and Billabong and is now chair of the Melbourne Fashion Festival.

‘You have to be famous for something’: The retail leader reshaping Melbourne’s fashion fest

Launa Inman, formerly chief of Target, Officeworks and Billabong, is bringing her business acumen to the festival.

  • Cara Waters
Bunnings retail crime.

Bunnings wins appeal over use of facial recognition technology to fight crime

During 2018 and 2021, Bunnings trialled technology in 62 stores that captured customer facial data and compared it against a database of repeat offenders.

  • Jessica Yun and Elias Visontay
People in hazmat suits at Black Mountain School with some schools in Canberra closed due to potential asbestos contamination.

Schools shut as asbestos recall spreads to Kmart, Target

Schools in the ACT and one in Queensland have been closed over fears of children being exposed to asbestos-laden coloured sand products.

  • Elias Visontay and Jessica Yun
Kmart breached customers’ privacy by scanning their faces without consent, the privacy commissioner has found.

Face-off: What Kmart’s illegal surveillance means for shoppers

If you’re one of the 8 million or so Australians who shop at Kmart every year, chances are you were being watched.

  • David Swan
Retail giant Kmart breached Australians’ privacy by scanning shoppers’ faces without consent, Australia’s privacy commissioner has ruled.

Kmart broke privacy laws by scanning shoppers’ faces

The retail giant argued it was entitled to use the technology to tackle refund fraud under an exemption in the Privacy Act.

  • David Swan
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Wesfarmers chief executive Rob Scott has criticised the Productivity Commission’s proposal to impose a 5 per cent cash flow tax on corporate giants.

Kmart and Bunnings operator the latest to raise retail theft alarm

The chief executive of Australia’s biggest retail companies says organised crime syndicates have targeted its stores.

  • Jessica Yun
Kmart has been hit with a legal bid to provide documents on how it has dealt with two suppliers and their links to forced labour in the Uyghur region.

‘Let us see the audits’: Kmart faces legal battle over alleged links to Uyghur forced labour

Australia’s most beloved department store has been served with a court challenge to provide documentation on whether it has examined links to factories using forced labour in Xinjiang.

  • Jessica Yun
Kmart is changing its store format to lure younger customers in and get shoppers to spend more.

Inside Kmart’s new store layout designed to get Gen Z to spend more

Driving up social media engagement with Gen Z is part of Kmart managing director Aleks Spaseska’s goal of doubling sales to $22 billion.

  • Jessica Yun
Big W - Big losses

Kmart is beating up Big W and giving Woolies a major headache

Big W, owned by Woolworths, is losing a lot of money as its range of toys, beauty products and homewares fails to click with shoppers.

  • Elizabeth Knight