Spotlight Group Holdings Pty Ltd ( SGH) is an Australian retail conglomerate and one of the country's largest private company. Its Spotlight Retail Group division operates fabric and craft store chain Spotlight, outdoor retailers Anaconda and Mountain Designs, and department store chain Harris Scarfe. The first Spotlight store was established in Melbourne in 1973 by brothers Morry Fraid and Ruben Fried.
Beginning in the late 1990s, Spotlight used economic value added as an internal metric to calculate employee bonuses. By 2006, Spotlight was employing 6,000 people and had a turnover of 600 million. It used the Howard government's WorkChoices legislation to entice its employees to accept Australian workplace agreements with lower wage rates.
In 2017, Spotlight was reportedly Australia's fifth-largest privately owned retailer, behind 7-Eleven, the Peregrine Corporation, Cotton On Group, and Peter Warren Automotive.
In March 2018, Spotlight Group announced that it had acquired outdoor retailer Mountain Designs for an undisclosed sum.
In March 2020, Spotlight Group was awarded the exclusive right to bid for Harris Scarfe, a chain of department stores placed into voluntary administration in 2019. The sale proceeded for a reported $70 million. In March 2021, Zac Fried announced that Spotlight Group planned to open 50 new Harris Scarfe stores in order to compete against Big W and Kmart Australia.
2021 | $3.19 billion | |||
2022 | $3.20 billion | |||
2023 | $3.95 billion | |||
2024 | $4.62 billion | |||
2025 | $5.01 billion |
Has not changed from the previous year | |
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Spotlight Group Holdings is divided into the Spotlight Property Group, managing the group's property portfolio; the Alara Investment Group, managing other investments; and the Spotlight Retail Group, which is divided into the brands of Spotlight, Anaconda, Mountain Designs, and Harris Scarfe.
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