Monday, May 5, 2025

News & Latest Stories

Cyber incidents top list of Aussie business risks

Cyber incidents are now the number-one risk for Australian businesses, according to the latest Allianz Risk Barometer. The report is published yearly by Allianz Global Corporate & Speciality (AGCS), with the 2018 version...

Tesco to cut 800 jobs in reducing hierarchy

Giant retailer Tesco has eliminated three management roles within its UK business structure, which it says will involve a net 800 job losses. The role of people manager has been removed from 757...

Global powers and challenges revealed

Now in its 21st year, Deloitte’s Global Powers of Retailing report identifies the 250 largest retailers globally by revenue, and examines current global trends and economic prospects in retail. Top-250 Australian stalwarts, Wesfarmers and Woolworths,...

Red Bull adds a winning smile to its iconic formula

To show support for Australian Formula 1 driver Daniel Ricciardo, Red Bull has launched limited-edition packs that immortalise Daniel and his distinguished grin. The release coincides with the return of Aston Martin...

Darrell Lea business sold for $200 million

Quadrant Private Equity this week confirmed it had bought the confectionery business from the Quinn family, and said it had plans to expand the brand's reach in Australia and overseas. Best known for...

WA retailers prepare for plastic bag ban

Western Australia is joining Queensland retailers in ‘banning the bag’ on July 1, bringing the states in line with South Australia, Tasmania, the Northern Territory and the ACT, which already have plastic-bag...

Bertocchi invests in growth

Smallgoods manufacturer Bertocchi will undergo a major expansion – creating more than 700 jobs – with support from the Victorian government.  Victorian Minister for Industry and Employment Ben Carroll visited Bertocchi Smallgoods’ Thomastown...

Spring Gully Foods springs back

Four and a half years after entering voluntary administration, Adelaide’s Spring Gully Foods has cleared the debts that almost forced the company to close its doors. Final payments under the company’s deed of...

Violet Crumble finds a new home with Robern Menz

South Australian confectioner Robern Menz is bringing an Australian favourite snack back under Aussie ownership with the acquisition of the Violet Crumble brand from Nestlé. The fourth-generation family-owned business has secured Nestlé’s rights...

ARA to address Australia’s retail skills gap

The Australian Retailers Association (ARA) has recognised “a critical-skills need” for formal education for entry- to mid-level buyer and merchandise planner roles in Australian retail as a result of the significant changes...

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