Retail

The ACCC has found Coles and Woolworths operate as an oligopoly with "little incentive" to compete but has stopped short of recommending a break-up or similar strong measures, saying there is no "silver bullet".

Victoria's State Revenue Office must pay the bulk of costs incurred by shopping centre landlord Vicinity in a successful challenge to $82.5 million in stamp duty slapped on land occupied by Myer and Emporium in Melbourne's city centre.

Two law firms have reached an agreement to join their class actions against Harvery Norman alleging the furniture retailer sold worthless warranties.

Real estate fund manager Centuria Capital Group has sold SRG House, a three-storey office building in North Brisbane which is the current headquarters for retailer Super Retail Group, for $55.5 million.

A judge has rejected claims from Super Retail Group's former top lawyer that suppression orders over details of an alleged settlement should be lifted so she can respond to the company's "defamatory" version of events in the media, calling her claims "a bare assertion".

Super Retail Group's former top lawyer wants to lift a suppression order covering details of a settlement she says was reached after she was dismissed from the company.

A judge hearing a suit against Lovisa has questioned whether it should proceed as a class action, but shut down a 'pejorative remark' by the jewellery chain's barrister about Fair Work class actions.

ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.

Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement.