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Financial

Financial Archives

Grab agrees to US$40 billion merger, clearing way to list in the US

Grab said its decision to become a public company was driven by strong financial performance in 2020, despite the pandem...

CBD spending recovery underway, says CommBank

“Small businesses in CBD areas have had it really tough over the past year but we’re seeing encouraging signs of recover...

Klarna, Flybuys partner to triple Australians’ loyalty rewards

Flybuys will allow customers to earn reward points for every dollar repaid through through the BNPL platform.

Taco Bell adding fifth New South Wales store this May

Taco Bell hopes to reach 60 stores across Australia and New Zealand by 2024.

Booktopia seals academic book deal with Zookal

The company's agreement with Zookal covers approximately $22 million of annual sales and 185,000 titles.

Analysis: Get ready, 2021 is the year of retailing bravely

For many retailers who have survived Covid, 2021 may yet be the year of retailing bravely.

Alibaba fined US$2.75bn for anti-monopoly violations by Chinese regulators

E-commerce giant has been "abusing market dominance" since 2015 by preventing its merchants from using other online e-co...

Analysis: Why Premier Investments is bullish about the future

The group posted a 7.2 per cent increase in sales and an 88.9 per cent boost to net earnings for the six months to Decem...

Uniqlo owner Fast Retailing lifts full-year profit outlook

Japan's Fast Retailing, the owner of clothing brand Uniqlo, on Thursday reported a 23 per cent jump in half-yearly opera...

From finance to fine jewellery: Q&A with Fairfax & Roberts MD

Fairfax & Roberts managing director Irene Deutsch on the lessons learned from the past year and the decision to launch a...

GlamCorner, Spell launch designer-led rental platform

Using a GlamCorner-hosted store, customers can now choose from 48 Spell garments to rent from the ‘Sister to Sister’ ren...

Shoppers spent US$900bn more online last year – and the trend will stick

Mastercard predicts between 20 and 30 per cent of the shift to online will be permanent.

“I’m bloody excited”: Richard Facioni launches boutique private equity firm

The former Alceon executive director has just unveiled ACTA Group, which will focus largely on the retail sector.

Amazon sales predicted to surpass US$500 billion this year

Profits set to soar a further 30 per cent this year after last year's 38-per-cent hike.

From startup to $600 million: Behind the Culture Kings acquisition

Here's why a US-based digital platform just acquired a stake in the Aussie streetwear business.