Today
- Opinion
- Chanticleer
JB Hi-Fi’s results weren’t great. Here’s why its stock still soared
The retailer’s stunning share price surge shouldn’t distract investors from the pressure we’re seeing on profit margins as the economy slows.
- James Thomson
JB Hi-Fi looks for growth and rewards investors amid resilient sales
The major electronics and consumer goods retailer will move into the commercial builder market with the purchase of kitchen and bathroom group E&S Trading.
- Carrie LaFrenz
Yesterday
Inghams director warns: Guzman y Gomez store will attract ‘riff-raff’
Behind the minor fracas is a bigger question about whether the country’s biggest poultry producer can continue to squeeze big profits from fast food chains.
- Jemima Whyte
Shareholders move against Metcash as hardware spin-out hopes fade
Street Talk understands influential shareholders harbouring concerns about Metcash’s Independent Hardware Group as Wesfarmer’s Tool Kit Depot ramps up its national expansion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Former Super Retail executive claims CEO spat at staff in meeting
The allegation, made in court filings, suggests Anthony Heraghty presided over a dysfunctional workplace and improperly spent funds. He denies the claims.
- Carrie LaFrenz
- Updated
- Earnings season
‘People have more money, but we have not seen it’: Nick Scali CEO
The retailer has recorded a slide in sales as shoppers stay away from big-ticket purchases.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Why Dan Murphy’s boss was almost sacked on his first day
As he celebrates three decades working at Dan Murphy’s, the Endeavour Group chief executive is ready for more direct feedback from his critics.
- Updated
- James Thomson
Creditors owed $22m in Mighty Craft beer collapse
The beverages group, which owns 25 per cent of zero carb brand Better Beer, owes money to Pure Asset Management and KPMG, according to its creditor list.
- Simon Evans
Big discounting and store closures hit Myer’s bottom line
The department store has warned it will record a fall in sales when it publishes its financial results next month, as lower customer spending takes its toll.
- Carrie LaFrenz
Super Retail claims Harmers tried to surf in on deal with ex-executive
The owner of Rebel Sport wants the law firm removed from a lawsuit, alleging it tried to protect itself from defamation as part of settlement negotiations.
- Carrie LaFrenz
- Opinion
- Retail
Pressure is on Domino’s boss to deliver a turnaround
US parent Domino’s Pizza Inc and local chairman Jack Cowin are each becoming more involved in how ASX-listed Domino’s Pizza Enterprises is run.
- Carrie LaFrenz
Coles boss banks on efficiency gains from new warehouse
Leah Weckert says better product availability will translate to higher sales following the opening of a major distribution centre in western Sydney.
- Carrie LaFrenz
Liquor giant Dan Murphy’s absorbs Penfolds price hikes
The retail chain’s managing director Agi Pfeiffer-Smith said the market is increasingly competitive and even shoppers seeking small luxuries want a deal.
- Carrie LaFrenz
The luxury bubble is bursting and not even Cettire is safe
Prestige fashion is in a state of crisis as sales plunge and stocks pile up. For Cettire, which has operated in the grey market, this is its moment of truth.
- Carrie LaFrenz and Jonathan Shapiro
PwC in buyer hunt for personal safety equipment biz Amare Safety
Sydney’s Pacific Equity Partners would be a logical buyer given the firm’s acquisition of industrial supplies group ATOM earlier this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘We know over 500 customers’ are searching for it’: the big changes coming to DJs
Although shoppers remain cautious, Scott Fyfe and Anchorage Capital are hoping their $250 million revamp will keep consumers spending.
- Carrie LaFrenz
July
Super Retail wins last-minute bid to suppress statement of claim
The owner of Rebel Sport and Supercheap is defending an action brought by its former head of legal.
- Carrie LaFrenz
Ready-to-drink vodka maker Billson’s Beverages goes bust
Beechworth-based Billson’s was established in 1865. Co-owner Nathan Cowan is “devastated” at the collapse, caused by a spending downturn and punishing excise taxes.
- Simon Evans
Harmers lodges claim against Super Retail, CEO and chairwoman
The former head of legal for the company which owns Rebel sport is now looking to the Federal Court to enforce a settlement deal she allegedly reached in May.
- Updated
- Carrie LaFrenz
Carl’s Jr local brand holder calls in KPMG
As voluntary administrators consider the sale of 20 burger stores, some Carl’s Jr franchisees are still in business.
- Jemima Whyte
