China wine probe puts a cork in Treasury hopes
Treasury Wine Estates, the nation’s biggest winemaker was only last week touting a rebound of sales into China.
Treasury Wine Estates, the nation’s biggest winemaker was only last week touting a rebound of sales into China.
Coles has increased its final payout on the back of surging sales, as underlying earnings rose 6pc.
The Morrison government has criticised China’s anti-dumping probe into the $1.1bn wine export market.
The greatest fear of Australia’s $6bn wine industry has been realised, with China opening an anti-dumping investigation into wine imports.
Coles is working on a refresh of its co-located supermarket bottle shops Liquorland – its first rebranding in decades.
The electronics goods retailer has seen a sales surge as customers have been spending more time at home through the coronavirus pandemic.
Business leaders have backed Wesfarmers chief executive Rob Scott’s push for tax reform and other measures to generate jobs growth.
Kogan.com has lifted full-year net profit 56pc and almost doubled its dividend amid a boom in online sales fuelled by shutdowns.
A select number of retailers has never had it so good, with shoppers filling their homes with objects that make them feel good about being at home.
Collectables are big business for supermarket operators with promotions, toys and giveaways important in boosting sales.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/200