humm & Flexigroup Merge in Buy-Now-Pay-Later War
Buy-now-pay-later (BNPL) platform provider, Flexigroup and humm, have merged under one brand in order to heighten their onslaught in a competitive market... Read More
Bunnings & Officeworks Earnings Up 13%, Kmart Group Slumps
Wesfarmers-owned hardware giant, Bunnings, has reported a 13.9% jump in full-year earnings, contrast by a 23.5% decline in department store earnings for... Read More
Retailers Bank On Online Shopping To Survive Melbourne Lockdown
Large and small retailers alike are banking on online shopping to help weather the financial impact of Victoria’s stage four lockdown, as... Read More
NAB: Financial Anxiety Easing Despite COVID19
Latest numbers from NAB reveals financial stress eased in the June quarter, despite market volatility and unemployment from the economic impact of... Read More
Harvey Norman Assess Panic Buying: Freezers Sold Out
Harvey Norman has revealed ‘panic buying’ during the coronavirus pandemic was not isolated to toilet paper and pasta, instead extending to whitegoods... Read More
Appliances Push Oz Online Retail Sales Growth To Record
The NAB Online Retail Sales Index surged in April to the highest recorded monthly growth rate in the series (since 2012) –... Read More
Vicinity Centres $1.4B Raising Reveals Landlord Pain
ASX-listed shopping mall owner, Vicinity Centres, has provided a snippet of landlord pain amid the coronavirus pandemic, after suspending half-year dividend payments... Read More
Morgan Stanley Tip Westfield Malls Best Set To Recover
Morgan Stanley analysts predict Scentre-owned Westfield will be among the best set shopping malls for recovery amidst the coronavirus pandemic. The news... Read More
Breville Shares Soar After $94M Placement
Kitchen appliance manufacturer, Breville Group, has seen its shares soar over 10% after the company successfully completed a $94 million fully underwritten... Read More
Kogan CEO & CFO Set To Receive $50m Options
Executive directors of local e-commerce behemoth, Kogan.com, Ruslan Kogan and David Schafer are set to receive $50 million in bonus options if... Read More