Saturday morning, and Australian retail wakes to a genuine changing of the guard. David Jones, the country’s oldest department store at 188 years, has named Erica Berchtold as its first female chief executive, replacing Scott Fyfe. Down the aisle, Coles has confirmed it is in talks to buy Greencross (owner of Petbarn and City Farmers) in a deal reported at close to $4 billion, its biggest strategic swing in more than a decade. At the other end of town, Accent Group’s board is urging shareholders to reject Frasers Group’s hostile 65 cents a share takeover bid. And Amazon has told 16,000 staff they are being cut loose. It is a lot for a Saturday, but the direction is unmistakeable: Australian retail leadership is being remade in real time, and payday super, live from Tuesday, now sits underneath all of it.
David Jones Names Its First Female CEO In 188 Years
Erica Berchtold has been appointed chief executive of David Jones, the first woman to hold the top job in the store’s 188 year history and the sixth chief executive since it was founded on George Street in Sydney in 1838 (Retail Show Australia). Berchtold replaces Scott Fyfe, who exits after a long stretch running the department store through the Woolworths South Africa era, the private equity carve-out and the transition to Anchorage Capital ownership. FashionNetwork’s Australia team framed the appointment as the culmination of a shortlist that had circulated inside the David Jones board for most of the second quarter (FashionNetwork.com).
Berchtold arrives with a resume that reads like a tour of Australian premium retail: former chief executive of The Iconic during its ownership under Global Fashion Group, prior senior roles at Country Road Group, and a stint at David Jones itself earlier in her career. The West Australian’s business desk positioned the move alongside the broader premium department store rebuild that Anchorage Capital has been running since it took the reins (The West Australian retail desk). Chair Bruce Rockowitz said in the appointment statement that Berchtold’s task is to sharpen the David Jones proposition against a rebuilt Myer, an aggressive premium-fashion pure-play from The Iconic, and a beauty and cosmetics category that is being fought over by MECCA, Sephora and Chemist Warehouse’s Ultra Beauty roll-out.
For the Australian shopper the read is optimistic. Berchtold’s history at The Iconic points to a leader who reads e-commerce data closely, moves quickly on product depth in womenswear and beauty, and is unafraid to trim under-performing categories. Expect David Jones’s beauty hall, its private-label womenswear line and its home category to see the sharpest early changes. Loyalty program mechanics (the reworked David Jones Rewards) are also likely to see refinement inside the first hundred days. If you shop David Jones regularly, the next six months will be the most interesting the store has had in a decade.
Coles Confirms Talks To Buy Petbarn Owner Greencross
Coles Group has confirmed it is in advanced discussions with US private equity firm TPG Capital to acquire Greencross, the Australian pet care platform that owns Petbarn, City Farmers and Greencross Vet Hospitals, in a deal Reuters reported at close to $4 billion (Reuters, 1 July 2026). Coles chief executive Leah Weckert said the talks are incomplete and that the outcome is not certain, but the confirmation alone was enough to send Coles shares 4.2 per cent lower on the day as the market digested the scale of a category diversification well outside the supermarket’s traditional beat.
Greencross runs more than 250 Petbarn and City Farmers stores across Australia and New Zealand, plus a national veterinary network. For Coles, the strategic logic is a defensive push into pet care, a category running at a decade of compounding growth as pet ownership in Australia sits at record highs and premium pet food and vet spend continues to outpace grocery inflation. It is also a fenced-off category where the two supermarket majors have historically had minimal presence, unlike toys, apparel or homewares where they have retreated. For shoppers who buy pet food and supplies, the near-term implication is a possible loyalty-program tie-in (FlyBuys reaching into Petbarn) if the deal proceeds, and heightened competitive pressure on independent pet retailers and PETstock (owned by Woolworths) through the second half of 2026.
Accent Group Rejects Frasers’ Hostile Takeover Bid
The board of Accent Group has urged shareholders to reject a hostile 65 cents per share off-market takeover bid from British billionaire Mike Ashley’s Frasers Group, calling the offer “significantly inadequate” and undervaluing the Australian-listed footwear retailer (The West Australian). The bid opened on 30 June and runs to approximately 30 July 2026. Inside Retail’s coverage set out the board’s argument that the offer fails to account for the growth potential of the wholesale distribution business, the Skechers Australia partnership and the pipeline of new Nude Lucy stores (Inside Retail).
France-Epargne’s investor-facing summary emphasised that the Accent board’s rejection is unanimous and that the independent expert report accompanying the target’s statement placed a fair value materially above the 65 cents on offer (France-Epargne). Accent Group owns and operates The Athlete’s Foot, Platypus, Skechers Australia, Hype DC, Stylerunner, Nude Lucy and Glue Store, distributing footwear brands including Vans, Merrell and Timberland across Australia and New Zealand. For the Australian shopper, the immediate implication is unchanged: continue shopping the Accent brands and their sale ranges as normal. If Frasers were to ultimately succeed, the risk is a shift in inventory strategy toward the Sports Direct discount model, which could compress the premium positioning that stores like Platypus and Stylerunner currently occupy.
Amazon Cuts 16,000 Jobs Globally
Amazon chief executive Andy Jassy has confirmed the company is cutting approximately 16,000 corporate jobs globally, part of an ongoing efficiency drive that has now stretched across multiple rounds since 2023 (Fidelity syndication of the Reuters wire, 28 June 2026). The cuts land on top of the ACCC’s Federal Court proceedings over Prime Video contract changes filed in Australia earlier this week, and follow a US Federal Trade Commission settlement over the Prime signup and cancellation flow. For Australian employees the specific national breakdown has not been published, but the impacted teams sit across corporate, operations planning and devices.
The read for the Australian shopper is unchanged from Monday’s brief. Continue to be cautious with any long-term subscription commitment where the seller can unilaterally alter terms mid-contract, keep pressure on marketplace operators over transparent pricing and delivery representations, and prefer Australian-owned retailers where locally negotiated consumer guarantees under the Australian Consumer Law apply cleanly. For pet supplies, fashion and beauty in particular, the alternative Australian retailers featured in today’s Top 6 are stronger picks on both service and returns terms.
Payday Super Kicks In: Retail Workers See Compulsory Super Weekly
From 1 July, payday super became mandatory across Australia. Employers must now remit compulsory superannuation contributions within seven business days of every payday, rather than the previous quarterly cadence (Lawpath compliance summary). Lander and Rogers’s employment team walked through the operational implications for retail employers, most of whom pay staff weekly or fortnightly (Lander and Rogers). The Guardian Australia’s Katy Gallagher framed payday super alongside the minimum wage rise and the paid parental leave extension as the three biggest 1 July shifts for Australian workers (The Guardian, 30 June 2026).
For retail workers, the practical benefit is significant. Prior to 1 July, an award-covered retail assistant on a weekly pay cycle could be owed up to 13 weeks of super contributions at any given time (all payable quarterly, and subject to the risk of unpaid super if the employer ran into cash-flow trouble). Under payday super, the money now lands in the employee’s fund within a week of each pay day, which materially reduces the risk of unpaid super and slightly increases lifetime compounding. Retail employers who paid quarterly are now paying weekly or fortnightly, which imposes a real cash-flow discipline on the sector but is now legally non-negotiable.
Five Fresh Australian Stores To Restock The Household
Five stores. Five categories. All fresh names today (none carried over from yesterday’s Top 6), audited at dawn on Saturday.
Discount
Best&LessKids FashionItem-level cuts up to 88 per cent off Best&Less’s Clearance rail: kids fashion, teen apparel, womenswear, homewares and underwear from the Sydney-headquartered Australian-owned value department chain, with verified item-level cuts like the Girls Tie Front Linen Vest at $1.98 down from $16 and click and collect from more than 190 stores across the country.88%OFF2
MacpacOutdoorUp to 71 per cent off Macpac’s clearance range: technical outerwear, insulated jackets, kids adventure apparel, hiking pants, base layers and travel packs from the Australian-owned outdoor brand (part of ASX-listed Super Retail Group), with verified item-level cuts like the Kids’ Pack-It Jacket at $22.77 down from $79.99 and free delivery on orders over $100.71%OFF3
Colette by Colette HaymanWomens FashionItem-level cuts up to 69 per cent off Colette by Colette Hayman’s Sale: crossbody bags, wallets, jewellery, sunglasses, hair accessories and travel pieces from the Brookvale-based Australian-owned accessories brand, with verified item-level cuts like the Denim Chrissy Wallet at $9 down from $29 and free shipping on orders over $80.69%OFF4
Chemist WarehousePharmacyItem-level cuts up to 68 per cent off Chemist Warehouse’s Clearance: skincare, cosmetics, haircare, fragrance, vitamins, oral care and everyday health basics from the family-owned Australian pharmacy giant, with verified item-level cuts like the NYX Bridgerton Butter Gloss at $5 down from $15.99 and click and collect from more than 600 stores nationwide.68%OFF5
RockwearSportUp to 64 per cent off Rockwear’s Sale: leggings, sports bras, activewear tops, tees, joggers and gym accessories from the Queensland-founded Australian-owned womens activewear brand, with verified item-level cuts like the Luxe Acid Wash Boyfriend Tee at $20 down from $54.99 and free shipping on orders over $100.64%OFF% discounts shown are indicative across each store’s sale range. Individual product savings vary.
Other Deals Worth A Look
Beyond the Top 5, another handful of Australian-owned stores are running strong cuts this weekend. JB Hi-Fi‘s This Weeks Hottest Deals is live with cuts up to 60 per cent, including the ECOVACS DEEBOT N50 Omni Robotic Vacuum at $799 down from $1,999 from the ASX-listed Australian electronics retailer (the Top 6 ticker pick today). David Jones is running EOFY discounts up to 50 per cent on the Erica Berchtold era’s first sale event, with an extra 20 per cent off clearance. Target Australia‘s Clearance is holding at 4,364 products live with a 20 per cent off toys and kidswear sub-promotion running under the Wesfarmers-owned discount department chain. Domayne‘s Hot Deals continues into July from the Australian furniture retailer. Koala‘s clearance is live on mattresses, sofas and bed frames from the Australian-founded direct-to-consumer bedding brand. All Australian-owned or locally fulfilled and worth a scan.
Our Take
Four days into the new financial year the tone is set. The two biggest premium retail leadership stories of the calendar year (Berchtold at David Jones, and Coles making a $4 billion swing at Petbarn) landed within 72 hours of each other. Accent Group is defending itself against a hostile British bid. Amazon is cutting corporate staff globally on top of an active ACCC court case. Every one of those decisions gets made against the same backdrop of payday super rules, higher award wages, tighter grocery enforcement and the annual EOFY tax cut hitting employee bank balances. The Australian retail landscape on 4 July 2026 is genuinely different from what it was on 4 July 2025, and the pace of change is accelerating.
The shoppable side of It’s On Sale is built for that decision. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian-owned and locally fulfilled, every promotion audited daily. Today’s Sales shows every store currently running a discount in one place. Our AI search reads the way real shoppers ask (try “kids winter jacket under 50” or “womens leggings on sale size 12”). You will never find Temu, Shein, AliExpress or any offshore marketplace dressed up as a local brand here. Browse Today’s Sales on day four of the new year.