Retail Stocks

Wesfarmers (ASX:WES) refuses to support rival Woolworth on API transaction

  • December 15, 2021 03:46 PM AEDT
  • Samta
ASX Woolworths, ASX WES, WES API deal

Highlights Wesfarmers decided not to support Woolworths' buyout bid on ongoing API transactions. Woolworths trespassed the deal with its AU$1.75 per share bid resulting in a bidding war between the two largest retailers.  Wesfarmers has ...

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Wesfarmers (ASX:WES) share price rose 8.7% in a month. Here’s why

Wesfarmers (ASX:WES) share price rose 8.7% in a month. Here’s why

Highlights ASX:WES is on an uptrend since last month. Wesfarmers recently acquired a stake in ASX:API. The Company also held its 2021 AGM. The share price of ASX listed retailer, Wesfarmers Limited (ASX:WES) is witnessing a subtle upsurge...

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FoodByUs raises $10M in Series A round

FoodByUs raises $10M in Series A round

Sydney-headquartered hospitality food wholesale marketplace, FoodByUs, has raised $10 million in its Series A round led by Macquarie Capital. Base Capital and New York marketplace investor F J Labs also participated in the round. FoodByUs is an on...

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5 ASX retail stocks to look at ahead of Black Friday Sale

5 ASX retail stocks to look at ahead of Black Friday Sale

Black Friday sale, a golden ticket to the hottest bargains, is just around the corner, and the shopping frenzy among customers has already kicked in. The shopping extravaganza when mammoth discounts are offered from fashion to electronics globally ...

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Bunnings and Officeworks to join Flybuys’ loyalty program

Bunnings and Officeworks to join Flybuys’ loyalty program

Highlights Flybuys announces that it will sign a partnership deal with Officeworks and Wesfarmers’ Bunnings retail chain in December 2021. Officeworks is an Australian retailer that deals in stationery, technology, furniture, and student ...

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Wiseway (ASX:WWG) reports steady performance in Q1 FY22

Wiseway (ASX:WWG) reports steady performance in Q1 FY22

Highlights Wiseway has shared that its Revenue grew to AU$32.1 million in Q1 FY22 against AU$31 million in Q1 FY21. The Group revealed that the air freight dry cargo volume saw a significant decline due to the ongoing Coronavirus pandemic, limi...

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Charter Hall (ASX:CQR) posts resilient Q1-FY22, ups earnings guidance

Charter Hall (ASX:CQR) posts resilient Q1-FY22, ups earnings guidance

Highlights Charter Hall Retail REIT shares FY22 earnings and distribution guidance. ASX:CQR shares have opened higher on ASX. CQR shares have gained over 11% in the last three months Owner of convenience stores’ property Charter Hal...

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Redbubble (ASX:RBL) first-quarter trading update fails to cheer the market 

Redbubble (ASX:RBL) first-quarter trading update fails to cheer the market 

  • October 14, 2021 02:39 PM AEDT
  • Manisha

Redbubble Limited (ASX:RBL) shares were under pressure today after the global online marketplace released a trading update related to 1Q FY2022 ended 30 September 2021. During the period, the business was successful in delivering performance in li...

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Bubs’ (ASX:BUB) sales nearly double in Q1; here’s why

Bubs’ (ASX:BUB) sales nearly double in Q1; here’s why

  • October 13, 2021 09:29 AM AEDT
  • Ashish

Highlights Bubs Australia reported a significant recovery in Q1 sales as revamped business strategy returned the company to accelerated growth. In the period ended 30 September 2021, the goat milk infant formula player reported that its sales n...

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Woolworths (ASX:WOW) ‘settles’ class action proceedings  

Woolworths (ASX:WOW) ‘settles’ class action proceedings  

Highlights Supermarket giant has announced provisional settlement of the class action proceedings which started in 2019.  The Group stated that it will make an ex-gratia payment of AU$2,500 in addition with the superann...

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Jayride (ASX:JAY) reports Net Revenue growth of over 40% in Q1 FY22

Jayride (ASX:JAY) reports Net Revenue growth of over 40% in Q1 FY22

Highlights  In its market update announced on Wednesday, Jayride Group has reported a strong start to FY22 with 38% growth in passenger trips for Q1 FY22. The Group reported that its Net Revenue has witnessed a growth of more than 40% in Q...

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