Oil giant BP has sold its South Australian service stations to Peregrine Corporation, the owners of the independent chain of petrol stations On the Run, as it attempts to simplify its retail operations in the state. by Yolanda Redrup
The government will guarantee unpaid entitlements for any non-employee workers in the textile, clothing and footwear industries if their employers collapse or go bankrupt, it announced in tonight’s budget. by Patrick Stafford
David Jones has managed to woo six new brands to its growing range of contracted designers away from its rival Myer, as the two department store giants battle it out over control for access to valuable local and foreign labels. by Yolanda Redrup
More signs of a recovery are emerging for the retail sector, with electronics retailer JB Hi-Fi announcing positive earnings guidance which sent its shares soaring 10% this morning. by Patrick Stafford
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