Myer chief executive Richard Umbers has stepped down from the helm of the struggling department store.
Amazon has launched in Australia, ending months of speculation around the timing of when it would finally open its full offering Down Under and setting up a sales frenzy ahead of Christmas.
Myer has dropped the sales targets it set as part of its much-vaunted turnaround plan after unveiling another weak set of figures to investors.
Qantas says it has finished its $2 billion turnaround after 5,000 job cuts, major fleet changes and new routes helped it deliver the second highest underlying profit in the airline's history.
Woolworths' heavy food discounting has paid off with the supermarket giant's sales growth beating analysts expectations.
Supermarket wholesaler Metcash has taken a huge earnings hit to its core food and grocery business as it tries to keep up with Coles and Woolworths while fending off the aggressive expansion of Aldi into South Australia.