Category: News

Woolworths pips Coles on comp sales

Woolworths Group’s first-half results contained good news as far as Australian supermarket sales go. Supermarkets are the future battleground in the Woolworths turnaround and its performance is on the right track, although...

Caltex renews Renee Gracie’s sponsorship

The Australian fuel retailer has confirmed it will continue as naming-rights backer of the 22-year-old’s Dunlop Super2 Championship entry. Fielded by Image Racing, third-year V8 Supercar driver Ms Gracie will contest the newly...

Myth-busting young workers’ misconceptions

The Fair Work Ombudsman wants to educate employees and businesses on the myths that are contributing to a worrying number of young workers being underpaid around Australia.  Fair Work Ombudsman Natalie James says...

Coles earnings slip

Earnings before interest and tax (EBIT) at Coles fell 2.6 per cent to $920 million for the half-year ended December 31, 2016. Excluding the gains on the sale of Coles’ interest in a...

Wesfarmers confirms Richard Goyder’s successor

Rob Scott will be the next Wesfarmers managing director, replacing Richard Goyder who will step down towards the end of 2017 after more than 12 years in the role. Mr Scott becomes the...

Caltex presents a fresh take on food and convenience

Caltex Australia has transformed a former Caltex Star Mart into a food and services convenience hub: The Foodary. Located on Sydney’s busy Parramatta Road, Concord, The Foodary combines a fuel offer with healthy...

Consultancy aims to drive industry collaboration

A new consultancy group specialising in the food and beverage value chain has been launched, with Woolworths already engaging it to drive collaboration with its private-label suppliers. Experienced management consultant Paul Eastwood established...

New Aussie bank calls out big banks on lending rules

Australia’s major retail banks should be more flexible in lending to small and medium businesses, according to the Executive Director of a new Australian bank, Tyro Payments. “In the 21st century, it’s a...
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