Retail & eCommerce Briefing: Aug 9 - Australia (5 stories)
Sunday, 9 Aug 2026 Weekly Retail & eCommerce Australia
Here is your Weekly summary for Retail & eCommerce across Australia for Mon 3rd August - Sun 9th August 2026
Electronics Mart India has reported a record Q1 2026, showcasing strong performance in a competitive market, which could signal positive trends for the electronics retail sector. Meanwhile, Tokmanni's Q2 revenue rose by 3.3%, but fell short of expectations, highlighting the challenges retailers face in meeting consumer demand amid economic pressures.
In a strategic move to attract younger shoppers, Myer is revamping its womenswear line by adding over 25 new fashion brands, aiming to reinvigorate sales as discretionary spending slows. Additionally, Gold Coast's SquishOz plush toys, after a successful run at Coles, are set to expand into Kmart, indicating a growing trend in popular toy brands. In a cost-cutting measure, Coles is offshoring jobs to India, reflecting the competitive nature of the retail sector and the push for operational efficiency.
Featured Articles
Key stories and insights from this topic
-
Earnings call transcript: Electronics Mart India posts record Q1 2026
All News 7 Aug 2026, 11:50am -
After selling out in Coles, Gold Coast plush toy brand SquishOz is heading to Kmart
SmartCompany 6 Aug 2026, 12:17amGold Coast business Scout Brand Supply sold out its 20,000 SquishOz plush toys through Coles and has now secured a supplier deal with Kmart. The post After selling out in Coles, Gold Coast plush toy brand SquishOz is heading to Kmart appeared first on SmartCompany.
-
Coles offshores jobs to India due to ‘competitive’ retail sector
Inside FMCG 7 Aug 2026, 2:19amAccenture has already begun advertising jobs for the program, based in Mumbai. The post Coles offshores jobs to India due to ‘competitive’ retail sector appeared first on Inside FMCG.
-
Tokmanni Q2 revenue rises 3.3% but falls short of estimates
All News 7 Aug 2026, 5:22am -
Myer adds 25 new fashion brands to target younger shoppers
SmartCompany 7 Aug 2026, 12:39amAs discretionary spending slows, Myer is overhauling its womenswear offer with more than 25 new brands and a clear target: younger shoppers. The post Myer adds 25 new fashion brands to target younger shoppers appeared first on SmartCompany.