Latest in Retail & eCommerce: May 17 - Australia (5 stories)
Sunday, 17 May 2026 Weekly Retail & eCommerce Australia
Here is your Weekly summary for Retail & eCommerce across Australia for Mon 11th May - Sun 17th May 2026
Starbucks is set to establish its first corporate office in India, focusing on tech expansion, which signals a strategic move to enhance its digital capabilities in a rapidly growing market. This initiative could reshape its operational efficiency and customer engagement in the region.
In a significant transaction, Vicinity Centres has acquired the Eastern Creek Quarter outlet hub in Western Sydney for $400 million, strengthening its foothold in metropolitan Sydney and enhancing its retail portfolio. This acquisition reflects a growing trend of consolidation among retail landlords.
Coles Group faces repercussions after being found guilty of misleading customers with its "Down Down" discount promotions, resulting in a drop in its share price. The Federal Court's ruling highlights the importance of transparency in pricing, which could impact consumer trust and regulatory scrutiny in the retail sector.
Additionally, the recent budget changes introduced by Treasurer Chalmers are drawing attention from retailers, particularly regarding tax write-offs and the competitive landscape influenced by platforms like Temu. These adjustments could have significant implications for retail strategies moving forward.
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Vicinity Centres snaps up Western Sydney outlet hub Eastern Creek Quarter from Frasers for $400m
Business News Australia RSS 15 May 2026, 5:49amVicinity Centres (ASX: VCX) has exchanged contracts to acquire Eastern Creek Quarter (ECQ) in Western Sydney from Frasers Property Australia for $400 million, lifting the retail landlord's exposure to metropolitan Sydney and bolstering its portfolio of outlet centres. Located in the heart of Western Sydney's industrial and residential g...
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Coles found guilty of misleading customers over discounts; shares drop
All News 14 May 2026, 2:28am -
Federal Court rules Coles misled customers with 'Down Down' discount promotions
Business News Australia RSS 14 May 2026, 1:12amSupermarket giant Coles Group (ASX: COL) has been found to have made false or misleading representations through its "Down Down" discount promotions, with the Federal Court ruling against the retailer on 13 of 14 sample pricing tickets examined in proceedings brought by the Australian Competition and Consumer Commission (ACCC). T...
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Budget unpacked: What Chalmers’ changes mean for retailers
Inside FMCG 15 May 2026, 4:49amFrom Temu to tax write-offs, the measures retailers are watching closest. The post Budget unpacked: What Chalmers’ changes mean for retailers appeared first on Inside FMCG.
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Starbucks to open first corporate office in India for tech expansion
All News 16 May 2026, 5:28am