Eli Greenblat

Eli Greenblat

Eli Greenblat is a business reporter covering the retail and beverage sectors.

Retail

South Africans lob bid for David Jones

Ian Moir

Eli Greenblat, Ben Butler, Max Mason The nation's $5 billion department store sector is primed for the biggest shake-up in its post-war history after South Africa's Woolworths Holdings shocked investors with an all-cash bid for David...

Retail

'We love it to death': Woolworths SA has big plans for David Jones

David Jones.

Eli Greenblat South African retail giant Woolworths will use its acquisition of David Jones to create the second largest department store in the southern hemisphere and one of the biggest retailers in the world.

Retail

David Jones takeover: Queues at H&M showed why we needed to act, says DJs chairman Gordon Cairns

CAIRNS.AFR.17 DECEMBER 2013.Photo by ROB HOMER ....... portrait of GORDON CAIRNS who is the chairman of origin energy photographed in the forecourt of australia square in sydney

Eli Greenblat David Jones chairman says the queues at the opening of H&M in Melbourne on the weekend confirmed his view that Australia’s retailers need to scale up.

Wine

Breathing new life into winemaker

michael clarke

Eli Greenblat The hobbled Treasury group is learning to walk tall again, Eli Greenblat reports.

Beverages

Treasury Wine poised to cut jobs, slash costs

Wine

Generic wine pic. Reuters.

Eli Greenblat The world's biggest listed wine company, Treasury Wine Estates, could be set to shed jobs and slash its costs in the face of a protracted downturn in its key markets.

Retail

H&M shines on its opening day in Melbourne

H&M CEO Karl-Johan Persson at the Melbourne GPO shop. 3 April 2014.
The Age NEWS. Photo:EDDIE JIM.

Eli Greenblat Swedish retail giant H&M has recorded one of the most successful opening days for a new store over the weekend at its maiden department store in Australia, with the thousands of shoppers lining up to...

H&M may open six Australian stores: CEO

H&M

Eli Greenblat Global fashion retailer H&M believes Australia can support as many as half a dozen of its department stores.

Wine

Accolade Wines secures $US300m finance deal for global growth

Hardys wines

Eli Greenblat Accolade Wines secures $US300 million in a financing package extended by GE Capital.

Retail

Treasurers fail to act on GST-free import threshold

Online shopping

Eli Greenblat The retail sector is waiting on Canberra to shut down the $1000 GST-free threshold on imported goods.

Wine

Accolade Wines secures $US300m finance deal for global growth

Eli Greenblat Accolade Wines, the largest wine company in Australia, whose brand portfolio includes Hardys, Houghton, Banrock Station, Leasingham and Tintara, has secured $US300 million in a fresh financing...

Wine

Australian wine sales hit hard by Chinese austerity drive

A wine taster samples a product from one of China's biggest wine producers.

Eli Greenblat Australian winemakers might have to wait until 2015 to see a return to growth in China after Pernod Ricard warned that beverage sales were flat since the crackdown on luxury gift giving.

Consumer goods

Patties Food hires new CEO

PATTIES AFR 120208 PIC BY JESSICA SHAPIRO...
GENERIC on the pie pack line at Patties pie factory in Bairnsdale, Victoria. 
Story about Workplaces of the Future by Peter Roberts.
AFR FIRST USE ONLY PLEASE!!! jls120209.001.005.jpg jls120209.001.004.jpg

Eli Greenblat Struggling pie and frozen desserts maker Patties Foods has chosen a 20 year veteran of the fast moving consumer goods sector to lead the company as it faces flat earnings this year and continued...

Retail

Australian retailers get serious about online shopping

Myers and David Jones store front signs in Bourke St Mall. Photo by James Boddington. Fairfax Media Business/News. Friday January 31 2014

Eli Greenblat Australian retailers are rushing to play catch-up on the internet.

Retail

Doubts on DJs merger as Myer's profits slide

Bernie Brookes, chief executive officer of Myer Holdings Ltd.

Eli Greenblat Myer boss Bernie Brookes says the nation's biggest department store isn't desperate to clinch a $3.2 billion merger with arch rival David Jones.

Retail

Myer merger back on table for David Jones

Eli Greenblat Newly appointed David Jones chairman Gordon Cairns has wasted little time in stamping his mark, appointing an adviser to help guide its reaction to the $3.

Sale

Ahmed Fahour offloads large Rip Curl stake in $2.99m sale

Eli Greenblat Australia Post boss Ahmed Fahour has cashed in the majority of his shares in privately owned surfwear retailer Rip Curl less than two months after stepping down as chairman.

Shakeup

Major David Jones shareholder hits out over Myer merger advisers

David Jones.

Eli Greenblat Newly appointed David Jones chairman Gordon Cairns has appointed an adviser to guide its reaction to the Myer merger proposal and drawn immediate fire from one of the company's major shareholders.

Beverages

Swedish cider makers aiming for top of the tree

Portrait of Anders Nanne on left and Henrik Dunge, founders of the drink company 'Rekorderlig' in the Sofitel, Sydney. 14th March 2014. Photo by Tamara Dean

Eli Greenblat Swedish entrepreneurs behind Rekorderlig expect it to become country's biggest cider on the back of new Australian partnership with Coca-Cola Amatil.

Retail

Homewares giant Williams-Sonoma joins rush to Australian retail

A Willams-Sonoma retail store stands in Corte Madera,

Eli Greenblat US homewares giant Williams-Sonoma has unveiled ambitious growth plans in Australia.

Aviation

Labor blamed for productivity hit

Leigh Clifford.

Eli Greenblat Qantas chairman blames the re-regulation of the labour market for sending productivity backwards.