Today
- Opinion
- Chanticleer
The Senate cage match that saw Woolies CEO threatened with jail
Brad Banducci and Greens senator Nick McKim played a brutal game of verbal tennis over Woolworths’ profitability.
- 1 hr ago
- James Thomson
Yesterday
Brokers split on Cettire despite surge in sales this year
Two of the four investment bank analysts following the luxury clothing marketplace have lowered their share price forecasts this year after an update last week.
- Jonathan Shapiro and Carrie LaFrenz
This Month
- Opinion
- Opinion
Supermarket payback: How to overcome suppliers’ fear of complaining
The interim review of the Food and Grocery Code of Conduct tries to overcome suppliers’ fear of retribution from major retailers, but it may not go far enough.
- Sue Mitchell
- Opinion
- Chanticleer
There is something about GYG that makes it impossible to ignore
The Guzman y Gomez story is now spicier than one of its $13.70 chicken burritos. It is interesting to see who bought in, and why.
- Anthony Macdonald
Woolworths partners with Tesco on $190m start-up investment fund
The global fund will be run from Sydney and counts retailer chains from Europe, Canada and South Africa among its investors.
- Nick Bonyhady
Bunnings doesn’t overshadow plant sale rivals, says boss
MD Mike Schneider says the hardware giant has only a 25 per cent market share in plants and flowers, but industry group Greenlife says it has 70 per cent.
- Simon Evans
- Opinion
- Chanticleer
Rise of the corporate farmer changes the supermarket game
Who is growing our food? An influx of institutional capital into farmers and growers suggest the game has changed.
- Anthony Macdonald
- Updated
- Cash economy
Linfox lays out its terms for keeping Armaguard afloat
Peter Fox, the company’s executive chairman, says his family are “not beggars here”. He says the cash-in-transit monopoly will keep operating if fees rise.
- Updated
- James Eyers
Cettire admits to tax queries from Texas authorities
But it says that the issue has been resolved. The luxury fashion marketplace has since March been under intense investor scrutiny over its business model.
- Jonathan Shapiro and Carrie LaFrenz
- Opinion
- Chanticleer
Why big Sigma backer sold down ahead of Chemist Warehouse ruling
It is usually worth following the money in merger deals, which makes trading in Sigma Healthcare interesting.
- Updated
- Anthony Macdonald
Cettire shares slide 16pc on Bell Potter downgrade
The company’s house broker said the luxury marketplace would continue to outperform peers, but it would be harder for it to generate high growth.
- Updated
- Carrie LaFrenz and Jonathan Shapiro
Beauty brand Etto taps Lempriere Wells for convertible notes raise
Etto is open to a convertible note or equity raise, and will look to upsize to $3 million if the right investor comes along.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Endeavour looks to distance itself from supermarket model
Australia’s largest liquor retailer told a Senate inquiry into grocery prices that it was not like the major supermarkets.
- Carrie LaFrenz
March
Viva fires up convenience roll-out after locking away OTR
The completion of the $1.2 billion takeover kicks off the nationwide expansion of the On the Run brand, which will replace Coles Express at Viva’s fuel stations.
- Angela Macdonald-Smith
Swifties boost February retail spending amid sector struggles
“Taylor Swift-inspired outfits and do-it-yourself accessories added to turnover in February,” the ABS said. But without the Eras Tour, spending was almost stagnant.
- Ronald Mizen
- Exclusive
- David Jones
David Jones pens new tech deal to power $35m fresh revenue
The Anchorage Capital-owned department store has signed up US advertising firm Criteo to help it boost revenue and profitability.
- Carrie LaFrenz and Sam Buckingham-Jones
- Updated
- Earnings season
Solomon Lew advances plan to break up Premier Investments
The billionaire rag trader says the aim is to spin off the children’s stationery brand Smiggle and PJs brand Peter Alexander in 2025.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Solomon Lew’s $3b bet on global growth
Premier Investments is set to split itself in three, launching the Smiggle and Peter Alexander divisions onto the ASX as separate companies.
- Updated
- James Thomson
Zimmermann sales climb above $500m, new accounts show
The luxury women’s fashion brand was acquired by Advent International in a deal that valued the company at up to $1.75 billion in August.
- Carrie LaFrenz
- Exclusive
- Banking Summit
Last-minute lifeline to keep cash afloat
A short-term financial injection in the tens of millions of dollars has been offered to help Armaguard, the Lindsay Fox-owned cash transport firm, survive.
- James Eyers
