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Lovisa Holdings’ Stocks Tumbled On ASX After Reporting FY19 YTD Comparable Store Sales Growth Below The Targeted Range Of 3 – 5%
October 30, 2018 03:39 AM AEDT| By Team Kalkine MediaOn 30 October 2018, Lovisa Holdings Ltd (ASX: LOV) held its Annual general meeting. The Chairman Mr. Michael Kay started its speech by highlighting the company?s strong performance in FY 2018. He informed about the net increase of 38 stores in FY 201...
An Outstanding Win For Woolworths’ Workers
October 23, 2018 04:13 AM AEDT| By Team Kalkine MediaVoting on the proposed Woolworths? (ASX: WOW) Agreement which took place through an online ballot from 11 ? 22 October 2018 finally got closed and the group received voting in favor of the new enterprise agreement on Monday night. Voting on the enter...
Flight Centre Travel Group Tumbles On FY19 Guidance
October 22, 2018 09:06 AM AEDT| By Team Kalkine MediaFlight Centre Travel Group Limited ?(ASX: FLT) nosedived 9.982% at the week start. Its stock has fallen as much as $5.110 to last trade at $46.080 on the day of its Annual General Meeting, 22 October 2018. The plunge in Flight Centre?s share price s...
3 Infant Food Related Stocks
October 17, 2018 07:42 AM AEDT| By Team Kalkine MediaOver the past five years the industry?s performance has been driven by strong demand for organic products and nutrient added. The operators have understood the rising demand for these products in both global and domestic market. However, the market c...
Amazon Australia Puts Pressure On Coles And Woolworths As It Starts Selling Pantry Food In Australia
October 17, 2018 03:38 AM AEDT| By Team Kalkine MediaAmazon is the biggest Internet retailer in the world in terms of revenue and market capitalization and it has separate retail websites for different countries. In December 2017, Amazon launched its retail website amazon.com.au.in in Australia. From 1...
Sears Goes Bankrupt: Are ASX Retailers To Follow?
October 16, 2018 07:08 AM AEDT| By Team Kalkine MediaA form of bankruptcy which involves reorganization of assets, debts and debtor?s business affairs is known as Chapter 11 form of bankruptcy. Following years of declining sales in the coming days, Sears Holdings is preparing to file for Chapter 11 ban...
Appointment Of One Of The Most Successful Businesswomen And Entrepreneurs Of Australia - Ms. Lyndsey Appointed As The Non-Executive Director At Myer Holdings Limited
October 15, 2018 11:20 AM AEDT| By Team Kalkine MediaAs per the ASX and the media release, the chairman of Myer Holdings Limited (ASX: MYR) announced? the appointment of Ms. Lyndsey Cattermole as a non-executive director who is considered as one of the most successful entrepreneurs and businesswomen in...
Adairs Moved Up With Business Updates Provided At Morgans Queensland Conference
October 12, 2018 09:35 AM AEDT| By Team Kalkine MediaAt the Morgans Queensland Conference, Adairs Limited (ASX: ADH) has highlighted their key focus to deliver the ongoing sales via online mode or through the store networks. Its has also shared their business target for the FY 19 to increase the sales...
Harvey Norman Pays $7.8 Million To Help Its Franchisee
October 12, 2018 06:24 AM AEDT| By Team Kalkine MediaThe role of the franchisees in between the big networks have come to the notice of the market players. Harvey Norman Holdings Limited (ASX: HVN) has been found to be helping one of the franchisees. The shareholders of Harvey Norman have managed to gi...
Can the Shareholders of Greencross be Relieved Now?
October 10, 2018 05:59 AM AEDT| By Team Kalkine MediaThe shareholders of Greencross Limited (ASX: GXL) can now take a sigh a relief as a private equity giant, TPG Capital is having the interest in the company. The private equity player has UBS (the global investment bank) for the advice. As per the man...
Coles Plans to Invest in Supply Chain: Is that To Match Up with Woolworths?
October 08, 2018 09:10 AM AEDT| By Team Kalkine MediaAfter Coles become the standalone company, it would be deploying the funds towards the supply chain so that it can match up the competencies of its competitor, Woolworths. On October 5, 2018, Coles state that it would be coming up with the two new au...
The a2 Milk Company Supports Share Sales And Otherwise Deals With Criticism For Sales Decline
October 08, 2018 05:46 AM AEDT| By Team Kalkine MediaThe a2 Milk Company Limited (ASX: A2M) has been dealing with the criticism of the sales decline lately. This criticism has been coming because of China?s new e-commerce law. Many views that the company?s top line is expected to get impacted by the Ch...
Wesfarmers Limited (ASX: WES) is set to shrug off Coles
October 05, 2018 07:26 AM AEST| By Team Kalkine MediaWesfarmers resumed trading after the release of pending announcement on demerger of Coles Group Limited and the associated disclosures. The consumer sector company Wesfarmers Limited underway to shrug off its supermarket unit Coles. The company anno...
Going Short on Woolworths? You Might Need to Rethink
October 05, 2018 06:08 AM AEST| By Team Kalkine MediaIn the September quarter, Woolworths Group Limited (ASX: WOW) represent the profitable short, however, moving forward the situation might change and the short sellers on the stock might need to reevaluate their positions. The trend from the past few...
Collins Foods’ Shares Zoom Up – Fast Food Group Announces Roll Out Of More Taco Bell Restaurants
October 04, 2018 04:36 AM AEST| By Team Kalkine MediaOn 4 October 2018, Collins Foods Limited (ASX: CKF) announced that the company has entered into a Development Agreement with Taco Bell (a subsidiary of Yum! Brands Inc.) that will govern the roll-out of more than 50 new Taco Bell restaurants across d...
Electricity Retailers Rnforced To Reveal The Change In Prices Beforehand
September 27, 2018 09:25 AM AEST| By Team Kalkine MediaElectricity retailers in Australia are no-more free to introduce price changes as a shock. The Australian Energy Market Commission announced a new rule under which electricity retailers are required to inform its customers at least five days prior to...
What is cooking up with Coca-Cola Amatil Limited (ASX: CCL)?
September 27, 2018 09:10 AM AEST| By Team Kalkine MediaCoca-Cola Amatil Limited (ASX: CCL) witnessed its shares advancing by 2.2 per cent to $9.78 on September 27, 2018 as there is a speculation that is doing the rounds in the market that CCL may be a leading bidder for buying Lion Dairy & Drinks, wh...
Coles Beats Woolworths In Sales Through Its Little Shop Promotion
September 27, 2018 06:50 AM AEST| By Team Kalkine MediaWesfarmers Limited?s (ASX: WES), Coles? Little shop promotion has successfully captured the attention of the Australian shoppers who are enjoying the swapping and sharing of their miniatures to create collectable communities across the country. Due t...
Retail Food Group Limited (ASX: RFG) - Chairman Mr Colin Archer Steps Down
September 25, 2018 09:46 AM AEST| By Team Kalkine MediaRetail Food Group?s chairman Mr Colin Archer has been announced to step down from the role of Director and Chairman of the Board with an immediate effect from today, 25 September 2018. The retirement of Mr Archer comes a month later than the franchis...
Aventus Retail Property Fund Indicates For Green Signal On Internalisation Proposal
September 25, 2018 06:58 AM AEST| By Team Kalkine MediaOn September 25, 2018, Aventus Retail Property Fund (ASX: AVN) announced about the Internalisation Proposal that has been approved, as per the latest resolutions in relation to the Proposal that have been given a green signal by requisite majority. P...
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