ASX opens after weekend technology crisis meetings
The accident-prone market operator ASX spent the weekend scrambling to fix a glitch in its settlements system and talking to angry market participants.
The accident-prone market operator ASX spent the weekend scrambling to fix a glitch in its settlements system and talking to angry market participants.
Super Retail has won the first major court battle against its two former most senior female executives turned whistleblowers, but the war is still to come.
Hardware giant Bunnings is using Uber Direct to introduce same-day parcel delivery from selected regional stores across Australia just in time for Christmas and the holiday season.
The Coca-Cola Company has bought the alcoholic ready-to-drink range from failed Victorian beverages producer Billson’s.
Despite many economic reasons not to loosen the purse strings, Australian shoppers are forecast to spend $70bn in the run-up to Christmas.
The three-week strike at Woolworths warehouses saw shelves go empty, now the retailer will focus on key Christmas food lines like cooking ingredients and snacks as it restocks shelves.
Myer’s billion-dollar deal to buy apparel brands from Solomon Lew’s Premier Investments has been deemed ‘fair and reasonable’ by an independent expert.
Premier Investments’ Peter Alexander sleepwear brand is trading 61.6 per cent below budget in the UK, and Solomon Lew’s other fashion brands in Australia are facing sliding sales growth and a wages blowout.
Solomon Lew did not give a full trading update at Premier Investments’ AGM on Friday but did say that cost-of-living pressures remain a global issue as shoppers look for bargains.
The Super Retail court case has ended on a day in which senior counsel for the whistleblowers sensationally stepped down in the morning and lawyers argued over whether a deal was struck.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/11