Metcash sales and profit surge as Covid’s impact weakens
Metcash has reported a surge in underlying EBIT of 63.8 per cent against pre-Covid levels of three years ago in a result CEO Doug Jones described as “a pleasing half”. In the six months to October 31, ...
‘The other store’ – Mitre 10 repositions itself from its giant archrival
Hardware retailer Mitre 10 has launched a new branding campaign repositioning itself against the sector’s juggernaut Bun...
Wesfarmers warns of more Covid disruption after first-half profit dives
The company says global supply chain disruptions will lead to additional costs of products as well as impact availabilit...
Nappies, hip-hop and millennial CEO goals: A chat with Djordje Dikic, Tint
We chat with millennial CEO Djordje Dikic about why he named the paints in his business after hip-hop songs and how he t...
Metcash benefits from customers’ local shift throughout first half
Group CEO Jeff Adams said the businesses food, liquor and hardware pillars had all benefitted from Metcash’s position in...
Barbeques Galore unveils loyalty program, ditches ‘spend and save’ approach
The loyalty scheme is part of a broader digital transformation strategy which aims to better engage and support customer...
Bunnings’ acquisition of Beaumont Tiles gets ACCC approval
Bunnings’ proposed acquisition of Beaumont Tiles has been given the green-light by the ACCC, which said the buy-up won’t...
Adelaide Tools rebrands ahead of expansion out of South Australia
The business was picked up by Bunnings in August of 2020, and will be launching four stores in Western Australia before ...
Wesfarmers: ‘When stores cannot trade, revenue declines’
Despite significant online sales growth and an overall increase in revenue, the retail conglomerate reported the impact ...
Wesfarmers results jump as Bunnings, Kmart and Officeworks boom
Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movemen...
Metcash hastens Total Tools buy up, enjoys strong FY20
Metcash still looks to have complete ownership of Total Tools towards the end of FY24.
Bunnings snags Beaumont Tiles in latest acquisition play
The business' management team will remain in place to continue its 61-year history, should regulators approve the move.
Bunnings, Officeworks start FY21 off with a bang for Wesfarmers
While Kmart Group limps into the new financial year.
“Lowering emissions is just the beginning”: Bunnings commits to 100 per cent renewable power by 2025
Commitment will cut emissions by 257,000 tonnes and lead to around 110MW of new solar and wind investments.
Industry body warns retailers of volatile times ahead
ABS preliminary figures show a 3.3 per cent rise in retail sales in July.
Metcash’s Total Tools acquisition not a problem: ACCC
Consumer watchdog clears the way for the acquisition to move forward.