Domino's growth in the bag despite franchisee pressure
Domino's stands to double its share of the $23b takeaway food market, but higher labour costs could crimp franchisee margins.
Sue Mitchell writes on retail specialising in fast-moving consumer goods, hardware, clothing and accessories. Sue is based in our Sydney newsroom.
Domino's stands to double its share of the $23b takeaway food market, but higher labour costs could crimp franchisee margins.
Fast food chain Pie Face – known for its smiley-faced pies – is back on the market after going into receivership for the second time in two years.
Domino's affirms its forecast for 30 per cent net profit growth even though new menus and ordering options helped fuel record sales growth in Australia in the first few months of 2017.
The ACCC has challenged Woolworths' claim that asking suppliers for money to prop up profits was "entirely reasonable".
In a case that could have long-term ramifications for the supermarket sector, Woolworths is facing a showdown with the competition regulator.
Outdoor clothing retailer Kathmandu increased annual profit by almost two thirds, vindicating its rejection of an opportunistic $324 million takeover offer last year.
US retailer Lowe's claims it was "stitched up" by Woolworths in a deal to sell Masters for $800 million.
Dick Smith's like-for-like retail sales fell sharply less than a year after its float, triggering events that led to its collapse.
Woolworths wants to appoint an independent arbitrator to resolve a legal dispute with its home improvement partner Lowe's.
Online furniture retailer Temple & Webster's loss was more than double what was forecast in its prospectus.
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