This Month
Wall St is going crazy for these oversized, sugary cookies
Biscuit business Crumbl is a viral dessert sensation with more than $1.8 billion in sales. Now private equity is looking for a bite.
China Mengniu Dairy sheds $1b on Bellamy’s, reassures lenders
The Chinese dairy giant acquired the local infant formula business off the ASX for $1.5 billion in 2019. It has since wiped most of its value amid big losses.
Why Afterpay could be coming to a supermarket checkout near you
Eight years after the first calls to bring BNPL under credit laws, Nick Molnar says the new regime will help it compete more aggressively with credit cards.
Adgemis pays out workers in hope of reviving collapsed pubs empire
The former KPMG deal maker has been working on regaining control of five Sydney venues that were once part of his failed Public Hospitality hotels business.
Can the Murray cod finally hook Australia an aquaculture giant?
It’s a fish that can be found on the menu of white tablecloth diners. But shrinking supply of premium species is a big opportunity for this ASX-listed company.
May
How Heineken bucked the trend and surged in China
The country’s biggest brewer is using its Dutch partner to reach more of the growing premium segment.
ACCC, supermarkets clash over product checks in fake discount case
The competition regulator wants 12 grocery items to be reviewed – down from more than 200. Coles and Woolworths want six different items to be considered.
Union claims young people voted Labor and now it’s time for payback
The retail union has written to the new workplace minister to ask her to back its case to abolish discounted rates for 18-year-olds and above in retail and fast food.
Why ice-cream prices are soaring
The price of a key ingredient of the sweet treat has gone parabolic in the wholesale market, setting fresh record highs every month so far in 2025.
Sushi Sushi’s PE owners prepare to sell sprawling fast food business
Odyssey Private Equity has brought in boutique advisory firm Luminis Partners to dish up exit options for the business, which has a network of 190 stores.
How younger drinkers are shaping Australia’s wine industry
A top winemaker is defying the market by releasing more shirazes than ever before – and he has the young wine drinker in his sights.
‘Line in the sand’: Woolies CEO wants a reset, not a price war
The market has been wondering if Woolworths would start a discount battle to win back shoppers. Is its latest big push the first shot?
Woolworths plots price reset to win back share from Coles
Chief executive Amanda Bardwell says the grocery chain will slash prices across 400 products as part of a broader business repositioning.
Endeavour chair looks to reassure investors on Hrdlicka availability
Despite a strong performance from its pubs, the Dan Murphy’s owner grappled with less demand for alcohol and lingering supply chain disruptions in the third quarter.
Endeavour hopes Jayne Hrdlicka and Ari Mervis don’t spill more milk
Add the Mathiesons to the equation, and there are some big personalities at Endeavour.
April
Feros family swoops on Sydney’s Crystal Palace Hotel for $35m
The Feros family’s JDA Hotels has big plans for the faded but popular pub in Sydney’s Haymarket area.
Rare treat for meat lovers as Swedish king of steaks heads Down Under
The Melbourne diner Meatmaiden is joining forces with Johan Jureskog and his team from the world’s ninth-best steak restaurant for a three-night tour de force.
Burger chain burnt over pay rise amounting to 77¢ a week
The ruling is a key victory for unions and could lead to Grill’d being forced to pay more than 4000 workers full penalty rates for the first time in years.
Pizza Hut, Wendy’s recruits new boss as it targets mega expansion
Flynn Group, one of the world’s biggest operators of fast-food restaurants, has appointed former KFC executive Richard Wallis to run its regional business.
Can billionaire Anthony Hall build the next great seafood business?
The businessman made his fortune in medical imaging giant Pro Medicus. He’s snapping up abalone producers, oyster farms and fisheries for his next venture.