Wesfarmers bets on AI to defy retail downturn
Wesfarmers (ASX:WES) is banking on an aggressive artificial intelligence roll-out to defy a severe consumer downturn.
Wesfarmers (ASX:WES) is banking on an aggressive artificial intelligence roll-out to defy a severe consumer downturn.
Sigma Healthcare (ASX:SIG) confirmed it is engaged in early-stage discussions regarding a potential acquisition of Boots.
Synlait Milk (ASX:SM1) has confirmed it is on track to finalise the critical refinancing of its senior syndicated bank facilities.
Treasury Wine Estates (ASX:TWE) announced a consolidation of its US production, including the sale of several California wineries.
Maggie Beer (ASX:MBH) received a non-binding indicative offer from a multinational consumer goods business to acquire 100% of its Hampers and Gifts Australia division.
OMG Group (ASX:OMG) reported that net sales have surged to approximately $6.2 million on a moving annual total basis to May.
Kmart is launching a direct assault on IKEA’s flat-pack empire, opening its first large-scale "K Home" trial store in Melbourne.
The ACCC has ordered Amazon, eBay, Kogan, and Fruugo to pull banned, high-powered magnetic toys from their platforms following severe safety risks.
Fast-food giant Collins Foods (ASX:CKF) finalised its acquisition of eight KFC restaurants across Bavaria, Germany.
Wesfarmers (ASX:WES) is folding its industrial and safety brands Blackwoods and Workwear Group into the Bunnings umbrella.
Retail Food Group (ASX:RFG) revealed that its core brand network sales for the first 20 weeks of the second half of 2026 fell by 4.8%.
Cettire (ASX:CTT) is set to expand its footprint in China after announcing the upcoming launch of a flagship store on Alibaba's Tmall Global.