Bellamy’s back on profit path
Eli GreenblatGood times ahead, Bellamy’s says, with clear direction to resurrect sales and earnings.
Lew lobs fresh grenades at Myer
Eli GreenblatPremier Investments has launched a fresh strike on Myer, querying the business acumen of incoming chairman Garry Hounsell.
Cheap food drags inflation down
Eli Greenblat, David RogersThe biggest drop in food prices in more than five years helped cool September quarter inflation figures.
Coles feels the pinch of price war
Eli GreenblatThe supermarkets chain has reported one of its slowest rates of sales growth in a decade.
Myer blew $2bn, says Lew
Eli GreenblatSolomon Lew’s Premier Investments has accused Myer of destroying $2 billion of shareholders’ funds.
Wesfarmers may dump updates
Eli GreenblatWesfarmers could dump its ‘distracting’ quarterly sales update to investors.
Push to axe quarterly updates
Eli GreenblatWesfarmers’ Richard Goyder wants “distracting” quarterly sales updates dumped, arguing they add to short-term thinking.
Lew aims fresh jab at Myer
Eli GreenblatA sharp statement from Premier Investments has dashed any hopes of a lull in hostilities between Solly Lew and Myer.
UpdateColes sales growth stalls
Eli GreenblatWesfarmers’ Coles has posted one of its slowest rates of sales growth in a decade, amid a price war with Woolworths and Aldi.
Nufarm in $691m Europe swoop
Eli GreenblatNufarm has announced a $691 million deal to clinch a portfolio of crop protection assets in Europe.
It’s war between Myer, Lew
Eli GreenblatMyer chairman Paul McClintock says Solomon Lew’s conflicts of interest and ‘aggressive game’ would disrupt the board.
UpdatedLew’s war on Myer gets personal
Eli GreenblatMyer has hit back after Solomon Lew stepped up his attacks on the retailer and warned he will vote against all its board nominees.
Wine up as Penfolds prefers Asia
Eli GreenblatQuaffers and collectors of the iconic Penfolds Grange collection are being forced to swallow rising prices.
New Myer suits the new man
Eli GreenblatIncoming chairman Garry Hounsell has closely aligned himself to the New Myer strategy.
Penfolds fans face ‘bill shock’
Eli GreenblatDrinkers and collectors of Penfolds’ famous wines face steadily rising prices as more bottles are shipped off to Asia.
Myer CEO’s pay cut to $1.7m
Eli GreenblatRichard Umbers has taken a small pay cut, as Myer’s annual report sets the battleground for an AGM attack by Solomon Lew.
ExclusiveCoopers investors toast buyback
Eli GreenblatThe family-owned Coopers Brewery has launched its biggest share buyback in more than 10 years.
Fireworks expected at meeting
Eli GreenblatMyer will this morning release its annual meeting notice, a flashpoint for hostilities with investor Solomon Lew.
ExclusiveNew Myer chair sells vineyard
Eli GreenblatIncoming Myer chairman Garry Hounsell looks to be clearing his workload as he prepares to steer the department store.
CSL pay overhaul calms investors
Sarah-Jane Tasker, Eli GreenblatBiotech giant CSL has warded off a second strike after overhauling its approach to executive pay.
Treasury to lift in China
Eli GreenblatTreasury Wine Estates boss Michael Clarke has pledged to ramp up the winemaker’s performance in China.
Reject sales picking up
Eli GreenblatFirst-quarter sales for The Reject Shop were negative, but that was turning around, investors were told yesterday.
Reject Shop Q1 sales drop
Eli GreenblatCEO Ross Sudano expects the company to return to positive comparable sales in the second quarter.
Specialty issues profit warning
Eli GreenblatRetail volatility has claimed another victim with Specialty Fashion warning of a looming crunch on earnings.
Debenhams’ brave gamble
Eli GreenblatGraham Dean, managing director of Pepkor Southeast Asia, might just be the most optimistic businessman in Australia.
Myer hires fashionista as director
Eli GreenblatMyer chair Garry Hounsell has moved quickly to improve the board’s retail experience.
Coles catches up in price war
Eli GreenblatColes has accelerated grocery discounting, but UBS warns shoppers could be suffering from “promotional fatigue”.
Retail veteran joins Myer board
Eli GreenblatThe naming of fashionista Julie Ann Morrison as a Myer director answers criticisms by shareholder Solomon Lew.
Lew demands Myer results
Eli GreenblatRetail billionaire Solomon Lew is on a collision course, set to derail Myer’s crucial strategy day in two weeks.
