Premium sales cushion wine hit
The global hospitality shutdown has hit Australia’s wine exports, but a premium shift and ongoing popularity in China have softened the blow.
The global hospitality shutdown has hit Australia’s wine exports, but a premium shift and ongoing popularity in China have softened the blow.
Wesfarmers wants Victoria to refine lockdown rules so stores like Bunnings don’t have to stand down thousands of staff.
A harsh six-week forced hibernation will see hundreds of thousands of workers sent home and sinkholes emerging in company balance sheets.
Melbourne retailers are preparing for online sales only and smaller profits as shopfronts shut customers out under new lockdown.
The hunger for a Big Mac during the coronavirus pandemic has helped drive online delivery orders for McDonald’s to record levels.
Retail billionaire Solomon Lew says Victoria should have introduced tougher restrictions earlier, slamming the Andrews government.
Bunnings boss Michael Schneider has made his case for its doors to remain open in Victoria as a shutdown of all non-essential stores is considered.
German supermarket discounter Kaufland’s hasty exit from Australia, without a single store opening, has cost it more than $300m.
Woolworths has reinstated purchase limits on dozens of products following a surge in demand over the past 24 hours.
Treasury Wine Estates is sitting on a golden opportunity to ratchet up its market share in the core growth market of China.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/198