Coca-Cola boss warns of wages ‘cliff’
Coca-Cola Amatil’s chief has warned that the economy could fall off a cliff in September if JobKeeper is pulled prematurely.
Coca-Cola Amatil’s chief has warned that the economy could fall off a cliff in September if JobKeeper is pulled prematurely.
Coca-Cola Amatil is seeing modest improvements after COVID-19 restrictions cut sharply into sales volumes in April and May.
Target’s closing of almost half its stores and converting many to the Kmart brand has been welcomed by analysts.
Fashion chain City Chic says a 57pc jump in online sales meant it traded profitably during COVID-19 closures.
Google’s drone delivery trial has witnessed a stunning 500pc increase in delivery volumes since February.
Wesfarmers chief Rob Scott says companies are exposed to global disruptions and should diversify their supply chains.
As Target stores close or convert to Kmart outlets, there’s no end in sight to the massive losses.
A small US store trial has helped Kmart solve a big issue for smaller stores: how to move around items efficiently.
Wesfarmers defends axing up to 1300 jobs as it closes or rebrands around half of Target’s 284 stores, saying it must remain viable.
With retail sales falling by record levels, up to 20 per cent of the nation’s shops will shut as shoppers shift online, UBS predicts.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/200