Godfreys Appoints Hardy As CEO For Third Time
Following the mass resignation of its board, Godfreys has appointed Mr John Hardy as its new interim CEO – notably for the... Read More
Myer Amps Up Leadership Team With UK Hire
With Myer’s new CEO taking the reins early June, the department store has been shuffling its executive positions with a new chief... Read More
Westfield Takeover Approved, Largest In Australian History
As tipped by analysts, Westfield has announced its $30 billion takeover by French giant, Unibail-Roadamco, has officially been approved – a deal... Read More
Godfreys Board Resigns, Arcade Director Takes Over
Disclosed in an ASX-statement, Godfreys board have announced their mass resignation, following the successful takeover of 99-year old Co-Founder John Johnston. The offer was made... Read More
Toys ‘R’ Us Oz Enters Administration After Sale Falls Through
Following the collapse of its UK and US counterpart, Toys ‘R’ Us Australia has entered voluntary administration – debunking previous reports which... Read More
Oaktree Eyes Myer For Bargain Buy
UPDATED – Los Angeles-based, Oaktree Capital Management, is reportedly interested in buying Myer, as it looks to snare a bargain should the department store giant enter... Read More
Radio Rentals Parent Thorn Fined $2M For Credit Act Breach
Radio Rentals owner, Thorn Australia, has been penalised $2 million [plus $240,000 in ASIC legal costs] for failing to adequately check whether... Read More
Myer Q3 Sales Down 3%, New CEO To Start June 4th
UPDATE – Shares in Myer have soared 15%, as investors respond positively to the better-than-expected quarterly update. Myer has post a 3.1% drop in... Read More
March Retail Sales Fall Flat
Latest research from the ABS reveals retail sales in March fell flat, remaining unchanged from February’s increase of 0.6%. The results fall... Read More
Godfreys In Trading Halt, Downgrade Fears Mount
Struggling vacuum cleaner specialist, Godfreys, has entered an ASX trading halt, as fears mount over the possibility of another profit downgrade. As previously... Read More