Colin Kruger

Colin Kruger

Colin Kruger is a business reporter focused on the retail and gambling industries. He joined the Sydney Morning Herald in 1999 as its technology editor. Other roles have included the Herald's deputy business editor and online business editor.

High fives for JB Hi-Fi's profit

Colin Kruger JB Hi-Fi restored some investor confidence yesterday, pipping the first-half earnings guidance it gave the market just before Christmas in a shock downgrade that sent its shares tumbling.

Tough start to the year for JB Hi-Fi

JB Hi-Fi goes a shade of grey.

Colin Kruger Post-Christmas sales brought more grief for JB Hi-Fi, but the retailer's outlook is brighter, boosting shares.

Slow earnings growth in the aisles

Colin Kruger While discretionary retailers like David Jones and Myer have been hit for six over the past year as customers continue to be very discrete with their retail spending, supermarkets like Coles and...

Lion sees daylight after 'perfect storm'

Colin Kruger Australian brewer and milk processor Lion confirmed it has experienced some respite.

Crown glitters as Melco profit soars

Melco Crown Entertainment Ltd.'s City of Dreams casino stands in Macau, China, on Monday, June 1, 2009. Melco Crown Entertainment Ltd. opens its City of Dreams casino today in a $2 billion bet that Macau will rebound from a slump that prompted rival Las Vegas Sands Corp. to halt construction on a neighboring project. Photographer: Daniel J. Groshong/Bloomberg News

Colin Kruger Crown's Macau joint venture has increased earnings 550 per cent to $US107.5 million.

Packer casino hits jackpot in Macau

Packer

Colin Kruger Billionaire James Packer may have missed out on the resources boom, but he's found a gold mine in China's exclusive gambling enclave of Macau.

Tabcorp bets on growth

Horseracing

Colin Kruger The wagering and gaming company lifted its first-half underlying profit by 14.1 per cent.

Tote's future a safe wager: chief

Colin Kruger Tabcorp chief David Attenborough, says 'don't expect tote pools to disappear'.

Tote still ticking for Tabcorp

Tabcorp.

Colin Kruger Tabcorp says its traditional wagering business will continue to decline, but its sheer size means the tote business will still be dominant.

Tabcorp bets on full-year profit jump

Gaming.

Colin Kruger Wagering and gaming firm Tabcorp Holdings has lifted its first half underlying profit by 14.1 per cent and expects a similar performance for the remainder of the year.

Spotless allows suitor access to its books

...

Colin Kruger The Spotless board has allowed Pacific Equity Partners to conduct 'non-exclusive due diligence'.

Spotless bows to shareholder pressure

Spotless

Colin Kruger Spotless will open its books to suitor Pacific Equity Partners after some of its biggest shareholders threatened to oust the board for blocking a $711.5 million offer.

Coles bags bigger share

Both retailers claim to have increased market share over the quarter.

Colin Kruger Coles issues sales results for the December quarter confirming it continues to close the gap on Woolworths.

Another victory to Coles in war of the supermarkets

Colin Kruger COLES signalled yesterday there is no end in sight for the supermarket price wars it kicked off a year ago as sales results for the December quarter confirmed it continued to close the gap on larger...

Wesfarmers admits a liquor problem

Richard Goyder

Colin Kruger COLES did little yesterday to change the perception it is gaining on its larger rival Woolworths - except in the liquor business that is.

Coles aims to get its drinks mix right

Colin Kruger Coles did little today to change the perception it is gaining on its larger rival Woolworths - except when it come to selling booze.

Coles closes gap on Woolies

Coles.

Colin Kruger Wesfarmers subsidiary Coles continued to close the gap on its rival Woolworths during the December quarter as it gets the upper hand in a price war.

Coles set to extend golden run

Colin Kruger Cole's sales results are expected to confirm it has outperformed rival Woolworths.

Share lift boost for casinos

Crown Casino

Colin Kruger Crown and Tabcorp spinoff Echo Entertainment could increase revenue by billions.

Coles again to leave Woolies in the shade

Colin Kruger THE release of Coles's sales results for the December quarter today is expected to confirm that its grocery business has outperformed rival Woolworths on a same store basis for a 10th consecutive...