Flipkart will offer eligible Plus members a 30-day Netflix Mobile subscription from August 1 as it strengthens customer loyalty amid intense e-commerce competition.
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Accent Director Steps Down as Takeover and ASIC Scrutiny Continue
The footwear retailer is managing a hostile takeover bid and regulatory investigation following the resignation of long-serving director Michael Hapgood.
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Macs and iPads Get Pricier as Apple Raises Australian Prices
Australian customers will pay up to 25% for Macs, iPads, HomePods and other Apple devices after the tech giant lifted prices amid rising chip and manufacturing costs.
New Laws Put Coles and Woolworths Under Price-Gouging Scrutiny
Australia will become the first country to introduce supermarket-specific anti-price-gouging laws, giving the ACCC new powers to monitor pricing practices at Coles and Woolworths.
Nike Names New CFO as Sales Recovery Remains Slow
The footwear giant has turned to Pfizer executive David Denton to lead its finance function as Nike navigates a prolonged turnaround effort and grapples with sluggish sales in major markets
GameStop CEO Ryan Cohen Forgoes $35 Billion Pay Package Amid eBay Pursuit
Billionaire investor Ryan Cohen will not receive a proposed $35 billion pay package from GameStop as he concentrates on plans to acquire eBay, a transaction that could reshape the retailer's strategy. The award, announced in January, was contingent on a turnaround that would require the company to increase its market value more than tenfold while significantly boosting earnings.
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BYD’s Budget PHEV SUV Set for Australia Launch Within Months
BYD has received Australian regulatory approval for the Atto 2 DM-i plug-in hybrid SUV, paving the way for a local launch in 2026. Offering up to 1,000km of claimed driving range, the model could become one of Australia's most affordable PHEVs, with pricing potentially starting below $30,000 before on-road costs.
02
Australia’s Glue Store Closes All Stores and Online Operations After 28 Years
Glue Store permanently closes all stores and online channels after 28 years in business. The closure comes after Accent Group previously announced it would close, convert or dispose of any remaining 16 stores in the chain by the end of FY23. This included $8.4 million in losses at Glue Store (including closure provisions) for the first half of the financial year. The retailer, recently acquired by Accent Group in 2021, remains focused on growth for brands such as Sports Direct, Lacoste and HOKA whilst growing its wider retail portfolio across Australia.
03
Yum Brands Sells Pizza Hut in $2.7 Billion Deal
Yum Brands has agreed to sell Pizza Hut in transactions worth a combined $2.7 billion, with LongRange Capital acquiring the business outside mainland China and Yum China taking control of its China operations. The sale follows years of challenges for Pizza Hut and comes after Yum launched a strategic review of the brand in late 2025. The deal will also end Pizza Hut's long-standing connection with sister brands KFC and Taco Bell under the Yum portfolio.