Yesterday
Pharmacies face an ‘Uber’ moment – whether they like it or not
Stephen King, who led a Health Department review into the sector, says antiquated ownership restrictions should be abolished before they do more damage.
- Carrie LaFrenz
This Month
Morgans joins the Guzman y Gomez hallucination
New coverage from the Brisbane firm puts out a bull case of an imagined reality.
- Mark Di Stefano
Kogan, QBD on the scene at collapsed Booktopia
Booktopia also offers “unique” technology, website assets and systems, and wholesale sales channels into retail and educational markets for a would-be acquirer, sources noted.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- The AFR View
Dutton’s populist break up big stick betrays Liberal principles
Cheap anti-business sentiment is fuel for the left and right-wing populists causing havoc in Europe and the US. No one should be rushing to bring it here.
- The AFR View
Guzman y Gomez worth $62 if US dream succeeds: Morgans
The broker initiated coverage with a $30.80 price target, but says the Mexican fast-food chain could be valued at $62 with a successful push into the United States.
- Carrie LaFrenz
Anacacia taps into the golf craze with MGI investment
Street Talk understands Anacacia’s Private Equity IV fund is seeking to acquire 80 per cent of family-run golf motorised buggy retailer MGI Golf.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rising cheese prices bite into Domino’s earnings: Barrenjoey
Barrenjoey has slashed its earnings forecasts for Domino’s due to a slower store rollout, weak Japanese yen and rising cheese prices.
- Carrie LaFrenz
Baby bump: Investors probe Baby Bunting’s surging share price
A simple explanation for the dramatic share price increase is it could finally be turning the corner after a very challenging period.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Baby Bunting plots expansion on the back of HMC’s property portfolio
The retailer fell on tough times but its new CEO is expanding the network into fresh areas with smaller formats and exclusive products.
- Carrie LaFrenz
Solomon Lew’s surprise role model? Vegas mogul Sheldon Adelson
Like the colourful businessman, the billionaire rag trader won’t stop building his empire. And Myer, with a new chief, is finally playing ball.
- Updated
- Jemima Whyte
June
- Analysis
- IPO
Guzman y Gomez’s big challenge? Keeping its franchisees smitten
The growth of the Mexican-themed fast-food business is directly tied to its store owners. The experience of other companies shows managing this is no easy task.
- Carrie LaFrenz and Max Mason
Guzman y Gomez isn’t the only fast food giant with big plans
McDonald’s, Pizza Hut, Wendy’s. The race is on for who can grab the biggest slice of a $25 billion market, as big players scramble for sites and customers.
- Updated
- Simon Evans and Carrie LaFrenz
Adore Beauty snaps up Blue Mountains wellness brand Ikou for $25m
The online beauty retailer said the deal would support its “private label and physical store initiatives” as it attempts to increase its profit margins.
- Carrie LaFrenz
Retailers have bigger worries than possible interest rate rise
Nick Scali and Harvey Norman say they are getting squeezed from all directions. A rate rise would add to their woes but other costs are doing more damage.
- Carrie LaFrenz and James Eyers
Hollywood’s Jon Adgemis scores another courtroom cameo
Sweet dreams are over for Jon Adgemis – who has shown this country the true potential of private credit as an asset class – with reality closing in.
- Primrose Riordan
Why the Guzman y Gomez float is ‘the story with the lot’
This week on The Fin podcast, Chanticleer columnist Anthony Macdonald and senior reporter Primrose Riordan analyse the float and whether the hype is fair.
Cettire CFO facing multimillion tax bill on ‘worthless’ share options
Tim Hume is one of the biggest casualties of a slump in the luxury retail platform’s share price. He faces a large tax bill, while his options are out of the money.
- Carrie LaFrenz and Jonathan Shapiro
Pepsi beats ATO on appeal over royalty taxes
Attempts to reel in multinationals using complex deals and structures to minimise tax have been dealt a blow after the beverage giant challenged its tax bill.
- Max Mason
Premier, Myer alliance could yield savings of $55m a year
The merger could land the department store chain a $1 billion-plus valuation, brokers say.
- Carrie LaFrenz
- Opinion
- Supermarket inquiry
The big lie of the big-stick code is lower grocery prices
By adding cost and complexity, these reforms may well increase the cost of doing business and this could be passed on to consumers at the checkout.
- Robert Hadler