Investors cheer strong result in tough market for Nick Scali
The furniture retailer has suffered an uncharacteristic slide in December half profit, but better than expected earnings triggered a 20pc share price spike.
The furniture retailer has suffered an uncharacteristic slide in December half profit, but better than expected earnings triggered a 20pc share price spike.
The embattled vacuum specialist retailer gets a funding lifeline from the Johnston family as administrators seek a white knight after the loss of nearly 200 jobs.
Metcash chief executive Doug Jones has begun a company-wide transformation of his wholesaler business that will result in it lowering its exposure to the supermarket sector.
One of Australia’s largest family-owned winemakers says inland wine regions are in a bad way as economic pressures and grape overproduction threaten their viability.
Industrial disputes at Australian ports and terrorism in the Red Sea trade route have hurt supply chains for furniture, says the owner of Freedom and Fantastic Furniture.
The Australian chief of Cadbury owner Mondelez says consumers are definitely feeling the squeeze but slowing inflation and potential interest rate cuts could soon bring relief.
Claims of price gouging made against the big supermarkets are based on emotion rather than evidence, says the Australian chief of Cadbury owner Mondelez.
Anyone who knows corporate raider Nicholas Bolton knows he doesn’t like to lose on a deal. And the board of a micro-gap gas explorer Vintage Energy is about to find out how much.
Cost of living pressures and the rise of sobriety among younger consumers in western nations has impacted the alcohol sector and seen a slide in Australian wine exports.
After almost 100 years, iconic retailer Godfreys has fallen into administration with 190 immediate job losses and 50 store closures as the family owners blame cost of living pressures.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/26