ASX sinks as markets rate Trump vs Biden
Australia’s share market had its worst day in almost 4 weeks as US futures pointed to a dive on Wall Street.
Australia’s share market had its worst day in almost 4 weeks as US futures pointed to a dive on Wall Street.
Woolworths, Coles, Aldi and wholesaler Metcash have been warned to prepare for a tough summer with supply chain risks.
The COVID-19 pandemic continues to funnel consumer spending into home appliances and white goods as Australians spend more time at home.
Record selling Prime Day event expected in October as the COVID-19 pandemic keeps many at home or away from shops.
Solomon Lew has added some teeth to his years of threats of walking away from bricks-and-mortar stores unless rents are lowered to reflect the new realities of shopping behaviour.
Retail conglomerate Premier has made a profitable pivot to online sales, but is threatening to close as many as 350 stores if landlords don’t give ground on rent.
Brickworks CEO Lindsay Partridge has called for an end to state border closures, warning disruption is threatening economic recovery.
Coles executives will have a greater portion of their short-term incentives governed by the supermarket’s online success.
Todd Barlow says the conglomerate will look into equity markets and private equity deals as the pandemic creates dislocation.
French conglomerate Louis Vuitton Moet Hennessy has signed a peace deal with Woolworths’ liquor arm Endeavour Group.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/195