Eli Greenblat

Eli Greenblat

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

Retail

Coles boss Ian McLeod steps down

Eli Greenblat Ian McLeod, who has led the $1 billion profit turnaround at supermarket chain Coles, is stepping down as managing director.

Results

Coca Cola Amatil cops $404m writedown on SPC

Empty Coca-Cola Classic cans stand ready for filling at Coca-Cola Amatil Ltd.'s production facility in the suburb of Moorabbin in Melbourne, Australia, on Tuesday, Aug. 14, 2012. Coca-Cola Amatil is scheduled to announce first-half results on Aug. 22. Photographer: Carla Gottgens/Bloomberg

Eli Greenblat Coca Cola Amatil has taken an axe to its struggling fruit cannery SPC Ardmona after booking a massive $404 million writedown on the division.

Retail

Pacific Brands lifts sales for first time in five years

undies

Eli Greenblat Textile, footwear and clothing company Pacific Brands has notched up its first rise in reported sales in five years

ASX

Pacific Brands hit with 'please explain' after share price leap

Jo Gay colour illustration. For Business 11-06-2011.

The Bond's Chesty Bond man with arms crossed looking sad. 
Pacific Brands.

Chesty Bonds

Eli Greenblat Owner of popular consumer brands such as Bonds, Holeproof and Sheridan asked to explain why its share price has jumped 16 per cent.

Retail

Valspar paints a brighter picture in its outlook for 2014

wattyl paint can and brush.

Eli Greenblat Global paints giant Valspar, owner of Wattyl has turned bullish on the local paint market.

Retail

Campbell's sweetener could spark biscuit price war

Arnotts logo

Eli Greenblat The Campbell Soup Company could spark a fresh price war in the sweet biscuits market.

Move for unity as DJs reveals 4.7% sales rise

Eli Greenblat David Jones remaining three directors have staged a show of unity in the face of turmoil.

Retail

David Jones board rallies as Paul Zahra mulls return

Paul Zahra

Eli Greenblat The directors of upmarket department store David Jones who haven't resigned have staged a show of unity in the face of continued turmoil swirling around the retailer, issuing a joint statement...

Retail

David Jones growth figues a boost for CEO Paul Zahra

Story by: Eli Greenblat
Photo: Ken Irwin KEN 12th September 2013 The Age. Business 
David Jones promo Mk2
CEO Paul Zahra and ambassador, Megan Gale on the stage at Malvern Central.

Eli Greenblat David Jones boss unveils his trump card for remaining at the helm of the department store.

Manufacturing

Coca-Cola faces write-downs in SPC bailout

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Eli Greenblat Red ink to spill across the beverage company's results due out on Tuesday.

Big write downs loom for Coca Cola Amatil as Victoria steps in at SPC Ardmona

PICTURE BY JAMES DAVIES  SPC FOODS AND NATIONAL FOODS IN DISCUSSIONS OVER MERGER.   FRUIT CAN OPENER TIN PACKAGED FOOD SHEPARTON ASX TAKE OVER MERGER M AND A PEACHES LONG LIFE USE BY DATE CANNED GOODS SUPERMARKET SHELF LIFE SPECIALX 00029019

Eli Greenblat Coca-Cola Amatil shareholders could be soaked in hundreds of millions of dollars in write-downs and redundancy provisions in the wake of the Victorian state government's $22 million bail out of its...

Retail

Paul Zahra plays a trump card as DJs reveals best sales growth in four years

26-12-2009; SHD NEWS; Boxing day. Shoppers keen to grab a bragain at 6 am for the National 104th Post Christmas sales at David Jones, Elizabeth Street store in the city.  HELEN NEZDROPA DIGICAM 00119922

Eli Greenblat David Jones boss Paul Zahra has unveiled his trump card for remaining at the helm of the upmarket department store in the midst of the ongoing soap opera revolving around him and the board.

Retail

Asos' appeal fades for local shoppers

ASOS

Eli Greenblat Only last year online British retailer Asos was one of the hottest fashion brands in the country, but the weaker Australian dollar has dulled interest in its wares.

Retail

Ikea ups sales and profit despite tight market

Ikea store.

Eli Greenblat Australians' love affair with flat-pack furniture and the Allen key ascended new heights last year.

Retail

Victorian consumers the most anxious: NAB

Anxiety

Eli Greenblat Consumer anxiety is on the rise amid ongoing weakness in the economy, and Victorians seem to be having the most sleepless nights.

Brewing

Coopers Brewery has paid out record dividends to its mostly family shareholders

Coopers bottle logo.

Eli Greenblat It was a good year to marry into the family that owns Australia's largest local brewer with its 143 shareholders showered with $14.7 million in dividends.

Retail

Ringing tills a happy sound for retailers

Eli Greenblat A good Christmas and start to the new year have buoyed the sector's hopes.

Retail

Costco earmarks third Melbourne store

MCJ 17th Feb 2012
Generic pictures of  the Costco Docklands store
The Age/Business, 

Photo by Michael Clayton-Jones

Eli Greenblat Melbourne will emerge as the jewel in the crown of US discount supermarket giant Costco’s aggressive expansion in Australia with a fourth warehouse now planned for the city, to be situated at...

Transport

Vmoto scooters in fast lane as sales expand in China

Eli Greenblat Scooter manufacturer Vmoto says it is on track to notch up its maiden annual profit in the 2013 calendar year of between $300,000 and $600,000.

Paradice Investment Management takes big stake in Dick Smith

Eli Greenblat Boutique funds management firm Paradice Investment Management, run by fund manager David Paradice, looks to have taken on a more bullish stance on the discretionary retail space after emerging as a...