This Month
Woolworths says no handbrake on pub buys from pokies backlash
Shareholders in Woolworths have approved the demerger of the $12 billion Endeavour Group, which Woolworths chairman Gordon Cairns says has ‘unlimited’ growth opportunities.
- Simon Evans
- Exclusive
- Baby formula
Bubs eyes US market entry
The organic baby food and formula maker will enter the mega consumer market via Walmart.com in September.
- Carrie LaFrenz
- Updated
- Coles Supermarkets
Rising capex to hit Coles returns
Coles Group boss Steven Cain promises not to leave the 450,000 shareholders behind after a big step-up in spending to $1.4 billion.
- Updated
- Simon Evans and Lucas Baird
- Opinion
- Chanticleer
Coles spends up to slim down and grow
Steve Cain’s plan is to lift capital investment by 30 per cent to catch up to, and get ahead of, the big shifts in retail. But investors will take convincing.
- James Thomson
Pandemic lessons shape McDonald’s $600m growth push
McDonald’s Australia will ramp up suburban restaurant openings as part of a $600 million plan to open 100 stores over the next three years.
- James Thomson
Can the pandemic rescue Britain’s shopping areas? This town hopes so.
An unlikely combination of vested interests are coming together to stage a revival of the country’s ailing high streets.
- Eshe Nelson
- Exclusive
- BOSS
IKEA remodels following ‘leap into the future’
The retailer is planning one of the largest shake-ups to its business model yet, including switching from warehouse destination stores to smaller city shops.
- Updated
- Patrick Durkin
Cettire moves to reassure investors after trading halt
The online luxury fashion retailer upped its sales expectations for the year after blaming The Australian Financial Review for the 30 per cent share price slump on Tuesday.
- Carrie LaFrenz and Sue Mitchell
- Opinion
- Opinion
Retail not dead but primed for reinvention
The huge shift to online shopping has led to increased demand for warehousing space that is not too far away.
- Sam Tamblyn
Retail competition to heat up in quest for household savings
Retailers should expect to have to work harder as consumers dip into their savings to maintain consumption.
- Ronald Mizen
Sweet dreams: Goldman Sachs finds buyers for Honey New Zealand
Those private equity buyers itching to reach into their honey-pots to put some capital to work need to look no further.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
- Investigation
- Cettire
Cettire shares soar despite working in a ‘cloud of mystery’
Shares in online luxury fashion retailer Cettire have surged almost six-fold since its December IPO, but questions have been raised about its long term prospects.
- Updated
- Sue Mitchell and Carrie LaFrenz
Solly Lew’s Premier under pressure to return more JobKeeper
Following a bumper Mother’s Day, rent deals, smart moves on inventory – the name behind brands such as Smiggle and Just Jeans sees a 92pc jump in full-year earnings.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Wisdom of Solomon (and Mark) delivers Premier’s profit jump
Experience and planning have helped Solomon Lew and Mark McInnes dodge the COVID-related challenges that have hurt other retailers.
- James Thomson
Dan Murphy’s debacle shows need for Indigenous voice
Legal industry leader says a properly structured voice to Parliament might have helped Woolworths’ consultations over the Dan Murphy’s store in Darwin.
- Sue Mitchell
- Opinion
- Chanticleer
Why Rod Sims ticked Woolworths’ PFD buy
Rod Sims was always wary of Woolworths’ $302 million deal to buy PFD Food Services. But the evidence didn’t support blocking it.
- Updated
- James Thomson
Harris Farm earnings up 2.5x by FY25: pitch to suitors
The fresh food and grocery retailer has been pitched as the country’s No.1 premium grocery brand and a “fresh food category hero”, in its first missive to potential buyers.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Woolworths gets green light despite ACCC concerns
Rod Sims said the ACCC had concerns about the impact of the PFD Foods deal but it could not find enough evidence that it would substantially lessen competition.
- Sue Mitchell
Canningvale to resurrect Singapore department store Robinsons
Canningvale has acquired the domain and brand names of Singapore retailer Robinsons and plans to turn it into an online department store.
- Sue Mitchell
Greenlit Brands drafts in Miles Advisory for Snooze, bedding sale
Retailer Greenlit Brands has called in the bankers to test buyer interest in its mattress and bedroom furniture brands, including Snooze and Original Mattress Factory.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
