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Food & drink

Yesterday

Pro Medicus co-founders Anthony Hall (left) and  Sam Hupert. Mr Hall has bought a 7 per cent stake in East 33.

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.

This Month

John Wylie’s Tannarra Capital has bought into Endeavour, the owner of BWS liquor stores.

John Wylie’s Tanarra picks up stake in Dan Murphy owner Endeavour

The asset manager run by the prominent former banker has a long history of agitating for change. It joins the register at a time of board uncertainty.

March

Supermarkets are bracing themselves for the ACCC pricing inquiry to land.

Woolworths slashes prices to close gap on Aldi

The under fire supermarkets are looking to show shoppers and politicians consumers are getting better deals at the checkout.

Steve Donohue wrapped up 30 years at Endeavour on Thursday.

Steve Donohue clocks off from final Dan Murphy’s shift

The CUB and Lion Australia bosses even put aside their business’ rivalry to share a beer with the outgoing CEO.

The Scots have a new whisky competitor - England.

The English whisky distilleries ruffling Scottish feathers

These 20-year-old upstarts are taking on centuries of northern tradition in a war of the whiskies – and even have conflicting views on what makes a single malt.

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Restaurateur Eddie Muto inside the under-construction Melbourne Winery, at 247 Flinders Lane.

The $3m CBD winery opening in a building where AA meets

A heritage-listed former warehouse on Flinders Lane is home for the new Melbourne Winery. It makes for an unusual tenancy mix.

Kim Feitelberg established her haircare company, HairShots, in early 2023.

Why I quit advertising to set up a haircare company in my late 40s

Women who have chased their entrepreneurial dreams later in life say the experience, skills, networks and maturity they acquired during their extensive careers is invaluable.

Mainland Group’s René Dedoncker met fund managers in Sydney on Tuesday and will do the same in Melbourne on Wednesday.

Fonterra’s Mainland IPO milks investor thirst for new ideas

The guts of the business is to take milk from Australia and New Zealand farms, turn it into cheese and butter, and sell it regionally. Is that tasty enough in volatile markets?

Starbucks said it would appeal the “excessive” damages and said it did not believe it was responsible for the accident.

Delivery driver awarded $79m after spilling Starbucks tea on his lap

The global coffeehouse chain was accused of breaching its duty of care after its staff did not fully push the drink into its takeaway tray.

“Shop Canadian” signs on grocery store shelves in Victoria, British Columbia.

Top Canadian supermarket says sales of US products ‘rapidly’ dropping

The chief executive of grocery chains owner Empire said that customers have been “loud and clear” that they want domestic products.

Wallaby Foods products as featured in Coles catalogue.

Soulfresh squad acquires Byron Bay-based healthy snack maker

Didi Lo has led a consortium bid for Wallaby Foods, whose factory supplies to Coles and Woolworths stores around the country.

This restaurant is one of the world’s best (and one of the weirdest)

Zuckerberg, silicon brains and space bread – step inside Alchemist in Copenhagen, the world’s most challenging restaurant.

Caledonia co-chief investment officers Mike Messara and Will Vicars. The fund can fall in love with some of its stocks and can be reluctant to sell. It is not a quick-flipper.

A 63pc premium for Just Eats? Major investor Caledonia is unimpressed

The food delivery sector is red-hot for deals despite some spectacular blow-ups. That land grab has come to one of the high-profile fund’s core holdings.

February

Tim Zhao is portfolio manager of Lazard’s Australian equity strategies.

Why Lazard is tipping a turnaround in these ASX fast food stocks

Tim Zhao says the latest banks sell-off could be the start of a correction and expects struggling quick service restaurant operators to reverse their fortunes.

Coles will pay an interim dividend of 37 cents per share.

Coles sales growth beats Woolworths, dividend rises

The retail giant also gained from industrial action at its rival in December, which resulted in empty shelves and customers defecting.

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Woolworths chief executive Amanda Bardwell faced a difficult reception on the company’s investor call.

Woolworths unleashes $400m in cost cuts to convince market it can grow

Chief executive Amanda Bardwell faces a market increasingly concerned about the supermarket’s trajectory as profits fall.

Krispy Kreme has a network of 40 company operated stores and 10 production fascilities across Australia and New Zealand.

Project Macaroon: Krispy Kreme Australia sale on the cards

The North Carolina-headquartered multinational wants a new partner to own and operate its local business and drive growth.

McDonald’s crew trainer Connor Boyle.

Inside the fight over McDonald’s 100,000 low-paid worker army

Crew trainer Connor Boyle is part of a test case to extend multi-employer bargaining laws to the types of workforces unions have always struggled to organise.

Prego, owned by KKR’s The Arnott’s Group, has more than a 90 per cent-plus market share in dry pasta and sauces in Malaysia.

KKR taste tests divestments at Tim Tam-maker Arnott’s

KKR’s local PE boss David Laing is taking advice from UBS around The Arnott’s Group’s Asian business, which sells consumer staples like pastas, sauces and cooking stock.

Domino’s Pizza Enterprises is closing hundreds of stores in Japan, Europe and Australia.

Domino’s to shutter hundreds of stores as new CEO swings the axe

Mark van Dyck says it will be the last round of large-scale store closures in a pullback on ambitious expansion plans.

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