Retail

Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.

A Woolworths entity must hand over documents concerning its plan to close unprofitable Big W stores in a stoush with a Brisbane shopping centre owner over an alleged breach of a 20-year lease.

Retail property group Vicinity and GIC's Ipoh have won $470,000 from a former tenant at Sydney's Galeries Shopping Centre to cover unpaid rent, damages and fitout restoration costs.

Formalwear brand Portia & Scarlett has resolved a lawsuit against one of its founders alleging she accessed confidential dress designs contained in two computer files.

Three companies associated with makeup retailer Mecca have copped $594,000 in penalties for allegedly failing to lodge audited financial reports on time.

The operator of eyewear franchises OPSM and Laubman & Pank has paid a $19,800 penalty after the ACCC found it failed to provide up-to-date disclosures to prospective franchisees, several years after promising to make its franchise system more transparent. 

In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria's State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.

Pacific Werribee shopping centre owner QIC says its misleading conduct case against co-owner Wadren and consulting firm KPMG is viable even in the absence of a defects finding in a related case against Probuild.

A judge has ordered McDonald’s to provide any records of discussions among senior management about a court ruling that led to a class action suit over the company’s alleged failure to grant employees 10-minute rest breaks.

The Australian Securities and Investments Commission has been given the green light to pursue a consumer case alleging defunct online retailer Snaffle charged consumers inflated prices.