Companies
Woolies sales bounce back
WOOLWORTHS’ latest sales update has beaten expectations, adding to the case that the supermarket giant is regaining its mojo.
Coles sales growth slides again
COLES is feeling the heat in the supermarket wars with sales growth slowing for a third consecutive quarter.
Tabcorp, Tatts in merger speculation
SHARES in wagering groups Tabcorp and Tatts have been put in a trading halt, reviving speculation of a possible merger.
Furniture titan pounces on Fantastic
THE global retail giant behind Freedom Furniture and Snooze has launched a takeover bid for discount rival Fantastic Furniture.
Livingstone to chair CBA
THE woman who led Telstra’s board during its return to form will now take over as the head of the board at the under siege Commonwealth Bank.
Woolworths in petrol exit talks
WOOLWORTHS is in talks to sell its $1.5 billion network of petrol stations as the shake-up of the retail heavyweight continues.
Getting back on Target
THE former head of struggling retailer Target, Launa Inman, believes stablemate Kmart has succeeded in recent years partly by elbowing its way into Target’s traditional market, especially on price.
Supplier sizes up Kiwi rival
THE company behind Burson Auto Parts and Autobarn has lined up its first international takeover target, launching a bid to buy a New Zealand counterpart for more than $300 million.
Pyjamas flying off airport shelves
PYJAMAS and boarding passes are proving a successful mix for Melbourne-based retail heavyweight Premier Investments.
Rough skies ahead for Flight Centre
IS FLIGHT Centre doomed for a hard landing, or just going through some turbulence? This graph could spell bad news.
How this ‘Nasty Gal’ became a multi-millionaire
FROM rummaging through bins to make ends meet, to debuting on Forbes’ rich list ahead of Beyonce and Taylor Swift. Meet #Girlboss Sophia Amoruso.
Westpac profit slides 7 per cent
WESTPAC has rounded out reporting of three of the nation’s big four banks, with all battling regulatory changes and rising bad loans.
Bunnings store’s bizarre fate
THE power tools and refrigerators are gone, and now this former Bunnings is set to be transformed into an altogether different space.
‘I turned $40 into a $200m empire’
WHILE other Gen Ys are still finding their feet, these Kiwi whiz kids are running a global company worth more than $205 million.
Amazon to ‘destroy’ Aussie retail
AMAZON is planning to “destroy” Aussie retail when it lands in September next year with prices 30 per cent cheaper than local stores.
Masters ramps up bonkers closing sale
THOSE unhappy with Masters’ sale so far will be chuffed to know it’s now slashing prices by up to 70 per cent off on new deliveries.
Eerie pick: ‘Cubs win, Trump elected’
THE Chicago Cubs’ historic World Series win was so unlikely, pollsters put it right alongside a Trump presidency. Who’s laughing now?
How Hazelwood impacts all Aussies
AUSSIES are facing higher electricity bills and a “major impact” on power supply after the closure of Australia’s dirtiest power plant was announced.
Generic Viagra mogul stiffs partners
THE head of a web site selling generic Viagra and other drugs has been accused of swindling fellow executives out of millions.
Court to decide if beer is ‘wholesome’
IT’S our go-to beverage after a long day, but can beer be described as “wholesome”? A century-old brewery in Germany is about to find out.
David Jones’ radical new store
THE world’s tiniest swimwear rack says everything you need to know about David Jones’ newest store. What is going on here?
Starbucks cups outrage Trump fans
STARBUCKS has unveiled a new cup in the US that it says is meant to be ‘a symbol of unity’ — but some Donald Trump supporters have not taken it well.
‘Are you a pathetic man-child?’
THE radical world view behind a controversial mens-only workspace has been exposed in a cache of deleted blog posts. And the men are in retreat.
Our ‘dirtiest’ power station closing down
AUSTRALIA’S ‘dirtiest’ power station will close in a matter of months, leaving hundreds in the region out of work.
How to save almost $2000 a year
NEW technology is pushing our electricity prices ever lower as companies find ways to save us money and power.
Oliver buys Jamie’s Italian outlets
THE celebrity chef has bought his six namesake Jamie’s Italian restaurants across Australia after striking a deal with the liquidator.
ANZ reveals dramatic profit slide
ANZ has announced a big drop in its annual net profits, as the bank’s restructuring costs hit its bottom line.
Man bashed over Clinton ‘rape’ shirt
A MAN is suing NBC for $68 million claiming he was dragged away from a Today show audience and beaten up for wearing a Bill Clinton “rape” T-shirt.
Alibaba sales growth soars into the cloud
ALIBABA’S sales soared 55 per cent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing.
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