Supermarket giant Coles has been hit with a class action after revealing in February that it owes staff in its supermarket and liquor businesses at least $20 million in pay.
A closely watched shareholder class action against Myer over an inflated profit forecast from former CEO Bernie Brookes has been dropped, after a court found the retail giant misled shareholders but that they suffered no harm.
Bob Jane will give franchisees at least six months’ notice before terminating their agreements, after the Australian Competition and Consumer Commission said the tyre retail chain was likely flouting the law by failing to do so.
Target Australia is facing a possible class action for allegedly failing to pay staff overtime or penalties for time that they worked, two months after revealing it underpaid staff at its retail stores $9 million.
Camping goods retailer Aussie Disposals has entered voluntary administration, blaming the summer bushfires and the coronavirus pandemic for its fate.
Administrators of collapsed retailer Colette by Colette Hayman will not have to pay over $714,000 in rent after court ruled that a temporary rent freeze in light of the COVID-19 crisis was in the interests of the company’s creditors.
Barristers for the ACCC and online retailer Kogan have been asked to robe up at home as the previously in-person trial shifts to videochat in response to the COVID-19 health crisis.
The Australian Competition and Consumer Commission has found Bunnings’ $30 million takeover of Adelaide Tools and Oaklands Mower Centre would not substantially lessen competition, but warned it would closely scrutinise future moves that would further cement the hardware giant’s dominant position.
The lead applicants in two class actions against 7-Eleven are considering bringing a contempt of court motion against the convenience store giant after the Full Federal Court derailed their challenge to prior orders allowing the company to seek litigation releases from franchisees.
Group members in two settled class actions against clothing retailer Surfstitch have been told the settlement amount available to them has plummeted amid a “very difficult retail environment”.