Retail

Coles increased prices on hundreds of products only as part of a plan to later mark them with a ‘Down Down’ promotion, despite the price being lower only weeks before, the ACCC has argued.

Latitude Group says it will defend a "fundamentally flawed" class action over an allegedly misleading interest-free ad promotion by Harvey Norman that required customers to apply for a Latitude GO credit card.

Harvey Norman is facing a class action over 'interest-free' ads which the Federal Court has found were misleading.

Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount. 

Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.

In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.

Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.

A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.

Facing claims it misled customers with its 'Down Down' pricing, Coles has urged the court not to second guess its judgment, but a judge overseeing the case has said competitive pressures do not excuse misleading promotions.

ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane's CBD after agreeing to purchase IFM Investor's 75 per cent stake for $212 million.