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Eli GreenblatSenior Business Reporter

Eli Greenblat is a senior business reporter at The Australian and leads coverage for the paper on the retail and beverages industries as well as covering issues related to supermarket regulation and competition, consumer behaviour, shopping, online retail and food and grocery suppliers. He has previously written for The Age, Sydney Morning Herald and the Australian Financial Review.

Latest

H&M’s Australian dream crumbles with $35m unpaid wages bill

When H&M opened its first store in Australia more than 15,000 people lined up. Now, the Swedish fashion giant is facing sliding sales and a provision as high as $35m for underpayments.

RetailRetail

BANGKOK, THAILAND - JUNE 08: A light up KFC bucket is displayed at EmSphere Mall on June 08, 2024 in Bangkok, Thailand. International fast food chains such as McDonald's, KFC and Burger King are wildly popular in Southeast Asia, with the brands found in nearly every major city and town in the region, a reflection of the brands' global appeal and reach. (Photo by Lauren DeCicca/Getty Images)

KFC owner upgrades outlook as sales hit a record $750m

A fashion industry veteran turned fast-food boss says KFC has become the ‘chicken king’, with Collins Foods upgrading its profit outlook as Gen Z customers drive a jump in earnings.

RetailRetail

Metcash CEO Doug Jones. Picture: Supplied

Illicit tobacco burns $345m hole in Metcash revenue

Metcash chief Doug Jones says new laws cracking down on illegal tobacco in NSW and Queensland were proving effective and should be rolled out nationally.

DAOU Wine Bottles. Picture: Supplied

Penfolds owner’s $687m hangover

Treasury Wine Estates has slashed $687m from its struggling US business value as new boss Sam Fischer inherits decades of American market failures.

ExclusiveBusiness

A Woolworths delivery truck with Christmas branding. Picture: Ken Leanfore

Woolworths serves up Christmas showdown with delivery promotion

Woolworths knows it must deliver this Christmas and resuscitate its sales growth. It has added one million online delivery slots across Australia to dominate on the road, and unlocked free delivery for big shops. Will it be enough?

ExclusiveBusiness

Retailers are urging the Allan government to fast track plans to crackdown on retail crime. Picture: Victorian Police

Moment of truth arrives for Victoria crime spree as new laws crafted

Australia’s biggest retailers can claim something of a victory over the shop crime wave as police action delivers measurable results and Victoria prepares to implement new laws.

RetailRetail

Temple & Webster CEO Mark Coulter. Picture: Supplied

Growth slowdown sends Temple & Webster shares crashing

Online furniture retailer Temple & Webster’s ‘market darling’ status may have come to an abrupt end after a disappointing trading update sent its shares diving.

2021 Barrier Draw for The Star Gold Coast Magic Millions and beach gallop in Surfers Paradise. Gerry Harvey. Picture: NIGEL HALLETT

Gerry Harvey fears inflation will deliver the world another Mamdani

The retailer’s billionaire chairman is worried about the election of a socialist mayor in NYC, a hangover from the inflation crisis which is in danger of resurfacing. Meanwhile, his ambitions in Britain are growing with every store opening.

HealthcareCompanies

Embryo selection for IVF, light micrograph.

Scandal-ridden Monash IVF rejects $312m bid

The fertility treatment company has suffered a string of woes, including a Brisbane mum who gave birth to a stranger’s baby, and is resisting a $312m takeover from a private equity consortium labelled as undervaluing the business.

RetailRetail

UK launch of Smiggle store in London this week, with plans to roll out 300 branches across Britain over the next year. From left Smiggle boss John Cheston, Premier Investments chairman Solomon Lew and Premier Investments chief executive Mark McInnes. Supplied, no restrictions Picture: Supplied

Lovisa boss dodges questions about Solly Lew ‘rant’

Lovisa’s new chief executive, John Cheston, has maintained his silence over Solomon Lew’s explosive misconduct claims. The jewellery chain copped a huge first strike from shareholders.

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Original URL: https://www.theaustralian.com.au/author/eli-greenblat