This Month
‘Wealth effect’: the stocks that could gain from rising house prices
Jarden highlights its best bets, saying homeowners feeling good about their property appreciation turn to spending more on big-ticket retail items.
- Simon Evans
Super Retail CEO and former exec accused of undisclosed relationship
The board and chief executive are expected to be named in a soon-to-be-lodged legal claim by Harmers Workplace Lawyers, Super Retail said.
- Carrie LaFrenz
The homeless high school dropout now worth $670m
Mark Constantine, the unconventional founder and head of soap empire Lush, believes getting your product right means spending everything on it.
- Guy Kelly
Kogan executives handed $17.6m payday three weeks before stock crash
The online retailer disclosed earlier this month that key executives would be able to sell options back to the company without having to exchange them for shares.
- Tom Richardson and Carrie LaFrenz
‘Get out now’: empty stores haunt iconic Sydney shopping streets
Retailers on Paddington’s Oxford Street and Newtown’s King Street are feeling the pinch of high operating costs and declining consumer confidence.
- Campbell Kwan
Nick Scali mounts UK push, realising long-held dream
The Australian furniture retailer flagged an equity raising to fund deal and further invest in its new British business.
- Carrie LaFrenz
Nick Scali to launch equity raising for UK foray; Macquarie on ticket
Nick Scali will pay £2 ($3.82) for Fabb Furniture, funded by a $46 million underwritten institutional placement.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Woolies cuts prices in bid to catch Coles’ growth
A JPMorgan survey of private label products shows the supermarket giants are competing more aggressively on price, closing the gap with discount retailer Aldi.
- Carrie LaFrenz
The Melbourne shopping hotspot that became a ‘ghost town’
Businesses on Bridge Road in Richmond, which has a whopping 15.5 per cent vacancy rate, fear an insolvency snowball effect.
- Gus McCubbing and Larry Schlesinger
Super growers take on Woolies, Coles with private equity cash
Giant pension funds from Canada, Singapore and US private equity are behind super producers who account for half the $9.1 billion fruit and vegetable market. Bigger is better, and Australia is mirroring a global trend.
- Simon Evans and Carrie LaFrenz
$650 for RM’s? ‘People want handcrafted,’ says Nicola Forrest
Nicola Forrest says people are tiring of throwaway fast fashion as the iconic company she co-owns lifts capacity to tap into a fast-growing market for women’s boots.
- Simon Evans
- Opinion
- Government Observed
The Senate’s mock outrage games shame all
Threatening corporate leaders with jail time over an accounting contrivance is part of a trend where the national parliament is becoming a theatre for showboating and mock outrage.
- Tom Burton
How Amazon wasted a decade trying to reinvent the supermarket
The online shopping behemoth simply failed to make the technology cheaper than a conventional store.
- James Titcomb and Hannah Boland
China’s bubble tea brands look to create a stir overseas
Best known for the 1980s Taiwanese variety that includes tapioca balls or “bubbles”, flavoured milk tea beverages are a hit worldwide. Chinese companies are cashing in.
- Thomas Hale, Wang Xueqiao, Chan Ho-him and Gloria Li
- Opinion
- Chanticleer
The Senate cage match that saw Woolies CEO threatened with jail
Brad Banducci and Greens senator Nick McKim played a brutal game of verbal tennis over Woolworths’ profitability.
- James Thomson
Brokers split on Cettire despite surge in sales this year
Two of the four investment bank analysts following the luxury clothing marketplace have lowered their share price forecasts this year after an update last week.
- Jonathan Shapiro and Carrie LaFrenz
- Opinion
- Opinion
Supermarket payback: How to overcome suppliers’ fear of complaining
The interim review of the Food and Grocery Code of Conduct tries to overcome suppliers’ fear of retribution from major retailers, but it may not go far enough.
- Sue Mitchell
- Opinion
- Chanticleer
There is something about GYG that makes it impossible to ignore
The Guzman y Gomez story is now spicier than one of its $13.70 chicken burritos. It is interesting to see who bought in, and why.
- Anthony Macdonald
Woolworths partners with Tesco on $190m start-up investment fund
The global fund will be run from Sydney and counts retailer chains from Europe, Canada and South Africa among its investors.
- Nick Bonyhady
Bunnings doesn’t overshadow plant sale rivals, says boss
MD Mike Schneider says the hardware giant has only a 25 per cent market share in plants and flowers, but industry group Greenlife says it has 70 per cent.
- Simon Evans