Eli Greenblat

Eli Greenblat

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

Retail

Rivers purchase spoils Specialty Fashion profit

Eli Greenblat Specialty Fashion Group, whose chains include Millers, Rivers and City Chic, has posted a slight dip in full year profits as consumers retreated into their shells after the release of the federal...

Beverages

McGuigan Wines seals distribution deal with China's biggest food group

Neil MCGuigan says the key to cracking the Chinese market is

Eli Greenblat Australian Vintage, owner of wine label McGuigan, has sealed a distribution deal with China's largest food processor, manufacturer and trader, the state-owned COFCO, giving it a massive distribution...

Four'N Twenty pies owner Patties Foods turns corner with second-half profit

Patties Foods is the company behind the famous Four'N Twenty pies brand.

Eli Greenblat Patties Foods, whose brands include the famous Four'N Twenty meat pie range, has posted a return to profit growth in the second half after a tough start to the year.

Treasury Wine Estates boss wins major shareholder backing for US push

Eli Greenblat Treasury Wine Estates chief Michael Clarke says he has the strong backing of major shareholders, as well as both private equity suitors circling the group, to embark on an acquisition campaign in the...

Treasury Wine's Michael Clarke flags US acquisitions despite $100m loss

An employee operates a scissor lift in the red barrel room at Treasury Wine Estates Ltd.'s Wolf Blass winery in the Barossa Valley.

Eli Greenblat Treasury Wine Estates boss Michael Clarke won't allow calamitous acquisitions made by former management or circling private equity suitors deter him from beating a path to the US.

I'm the shareholders' friend, says Wesfarmers' Richard Goyder as he pays special dividend

Richard Goyder has deposited a dividend in shareholders'’ pockets.

Eli Greenblat Wesfarmers boss Richard Goyder has painted himself as the ‘'shareholders’ friend'’ after thrusting a further $1.

Coca cola boss slams predecessor as earnings dive

Eli Greenblat Coca-Cola Amatil boss Alison Watkins has exposed the blunders of her predecessor Terry Davis, especially in the last year of his 13-year reign, as cuts to sales staff, not visiting retail customers...

BHP confident on strength of Chinese economy

BHP is  looking for greater transparency in the Chinese fiscal system.

Eli Greenblat BHP Billiton remains confident about the strength of the Chinese economy over the medium term as the regional Asian giant continues to rebalance in the face of higher household incomes and a...

Retail

Dick Smith profit beats forecast as investor heads for exit

Launching private label goods: Total sales grew 4.2 per cent to $1.23 billion, 0.1 per cent ahead of prospectus.

Eli Greenblat Dick Smith is aiming for as much as 2 per cent sales growth and plans to get there by launching new product lines.

Retail

ASIC pings Aldi for credit card failure

ASIC found that Aldi failed to consistently disclose in all of its stores that there is a 0.5 per cent surcharge for consumers paying by credit card.

Eli Greenblat German discount retailer Aldi might be the hot supermarket brand with shoppers at the moment but the chain, known for its heavily discounted range of groceries, clothing and other merchandise, looks...

New Warrnambool Cheese boss Lino Saputo asks farmers to ramp up milk production

‘‘What we are trying to do in Australia is appeal to the dairy farmers and say, ‘Look, we can be a good home for your milk.'

Eli Greenblat Saputo boss Lino Saputo jnr, who recently emerged victorious from a $500 million battle for control of Warrnambool Cheese & Butter, will touch down in Australia this week to deliver a key message to...

Canadian dairy giant Saputo calls for Aussie farmers to make more milk

WCB.

Eli Greenblat Saputo boss Lino Saputo Jnr, who emerged victorious from a $500 million battle for control of Warrnambool Cheese & Butter, has a key message for dairy farmers: grow your herds, ramp up production and...

Beverages

All could win from foreign takeover of Treasury Wine, says former wine boss Ross Wilson

Sees implications for the wider wine industry: Former Penfolds boss Ross Wilson at his vineyard in the Yarra Valley.

Eli Greenblat Ex-Penfolds boss Ross Wilson says the US private equity firms gunning for control could be just what the local wine industry needs.

Woolworths eases off on Masters break-even vow

Eli Greenblat A bruising battle with market leader Bunnings and rising losses at its hardware stores has forced Woolworths to walk away from a pledge that its start-up Masters home improvement chain would break...

New bosses set to tinker with David Jones, but piano man to play on

Staying on: Piano man Michael Hope.

Alexandra Back, Eli Greenblat The grand piano at David Jones has kept alive an element of old-school glamour at the Elizabeth St building, long after it faded from other department stores.

Retail

DJ's duds to be junked: Woolworths

Ian Moir

Eli Greenblat South Africa’s Woolworths Holdings, the new owners of department store David Jones, will strip out underperforming brands and designers from the store floor to make room for it’s own private label...

Retail

David Jones boss Paul Zahra resigns after Woolworths SA takeover

zahra

Eli Greenblat David Jones chief executive Paul Zahra has resigned from the retailer following its $2.2 billion takeover by Woolworths South Africa, with the new owners of Australia's oldest department store...

Online orders help Domino's Pizza deliver sizzling result

More than 60 per cent of orders come via laptops, iPhones, tablets and other internet-capable devices.

Eli Greenblat Domino's Pizza Enterprises is riding a wave of hungry customers who are increasingly using their iPhones and tablets to order pizzas with the fast-food company reporting double-digit sales growth for...

Beverages

Casella Wines' Yellow Tail sangria packs a punch in the US

Sangria

Eli Greenblat Americans are going wild about sangria, but rather than drinking their own they are increasingly reaching for an Australian brand from the Riverina district.