Retail News

Woolworths announces new CEO

Woolworths chairman, James Strong, announced the board’s nomination of Michael Luscombe to succeed Roger Corbett as chief executive officer of the Group from 1 October 2006.

Retail News

Iconic Godfreys sold for $350m

An era of the nation’s retailing history has come to an end with the sale of iconic Australian vacuum company, Godfreys to two of the largest private equity funds in the Asia Pacific region for $350 million.

Retail News comes to Australia

Over 200 Australian retailers, including Dick Smith Electronics and Apple stores, have signed on for the Australian launch of, an online comparative shopping website for consumers offering everything from digital cameras to wine.