Bensons rescued as creditors approve bailout deal
Bensons Property lives to build another day as creditors back a deal put forward by owners the Jreissati family, with work to continue on 1300 apartments in its $1.5bn project pipeline.
Bensons Property lives to build another day as creditors back a deal put forward by owners the Jreissati family, with work to continue on 1300 apartments in its $1.5bn project pipeline.
Domino’s new CEO has slammed the brakes on the supercharged growth of the last two decades to slash stores in Japan, conceding it grew too fast.
Nick Scali has issued a weaker profit and slashed its dividend, but the result still beat market expectations to send shares in the furniture retailer soaring.
Maggie Beer, the famous cook’s label known for its quince pastes and Pheasant Farm Pate, has warned costs are running out of control and must be slashed to safeguard profitability.
New CEO Amanda Bardwell has put her stamp on Woolworths, creating a retail division to oversee its supermarkets, convenience stores, meat supply and private label groceries.
The nation’s largest shopping centre is preparing to open its new fresh food mecca, The Market Pavilion, featuring gourmet retail brands and a world-first food concierge service.
The dollar could test lows not seen since market turmoil in early 2020 in the coming weeks, after US tariffs heighten the risk of a global trade war.
Famous for its glistening Gold Coast towers, the failed Bensons Property Group might have been insolvent as far back as 2023, a new report says.
Costume jewellery chain Lovisa’s mostly young female staff were exploited, not given proper meal and rest breaks, and even forced to pay for and wear its products each shift, a lawsuit alleges.
The company behind a stable of fashion brands like Country Road, Mimco and Witchery has suffered a sales slump leading up to Christmas to add its name to a growing list of struggling retailers.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/14