Eli Greenblat

Eli Greenblat

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

Wine

Treasury boss vows end to brand bashing

The Age
News
02/05/2013
picture Justin McManus.
Costco selling 2008 Penfolds Grange.

Eli Greenblat Treasury Wine Estates chief Michael Clarke has damned the ''bastardisation'' of Penfolds under former management, describing as ''nuts'' the 30-year practice of forcing through sales of its high-end...

Management

Duped: Myer mystery man stays hidden

Myer shopfront.

Tom Cowie, Eli Greenblat The senior executive sacked by Myer for allegedly trumping up his CV was given access to the boards of several of the nation's leading retailers before being exposed, the recruiter who put him...

Beverages

Treasury Wine in $260m writeoff

The newly released Penfolds Grange at Dan Murphy's, Alexandria, Sydney. 2nd may 2013. Photo by Tamara Dean
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Eli Greenblat Treasury Wine Estates, the maker of Penfolds, Wolf Blass, Rosemount as well as a large portfolio of Australian, US and New Zealand wines, announced this morning it would write off $260 million from...

Management

Myer sacks star recruit Andrew Flanagan on first day

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

Ben Butler and Eli Greenblat If what the department store is saying about him is true, Andrew Flanagan has more front than Myer.

Retail

Red faces as Myer fires 'star' hire after rival Zara disowns him

Myer sale bag

Eli Greenblat It looks like one of the high-profile executives poached by Myer last week has questions to answer about his CV.

Retail

Solomon Lew suspected of spoiler stake in David Jones

solomon lew

Eli Greenblat David Jones have been tapped on the shoulder to lend out their securities to an unknown borrower, heightening speculation Solomon Lew is stepping up efforts to derail South Africa's Woolworths $2.

Retail

Conspiracy theories abound as Solomon Lew stalls DJs takeover

23 March 2012.  BRW.  Solomon Lew Chairman of Premier Investments.
Photograph by Arsineh Houspian.  +(61) 401 320 173.  arsineh@arsineh.com

Solomon Lew & Mark McInnes01.jpg

Eli Greenblat A simple grey office building in South Melbourne has found itself at the centre of the David Jones battle.

Retail

David Jones works to trace stock holders

David Jones is expecting sales will remain flat over the Christmas season.

Eli Greenblat Solomon Lew continued to stalk David Jones on Friday as speculation sweeps the market.

Retail

JB Hi-Fi may avoid profit downgrade

JB Hi-Fi

Eli Greenblat Electronics and home entertainment retailer JB Hi-Fi has declared itself as the latest victim of the slowdown in consumer spending.

Retail

Solomon Lew's court win buys him time on Woolworths' bid for David Jones

Eli Greenblat Woolworths Holdings' $2.2 billion takeover of department store David Jones is slowly slipping through its fingers.

Retail

David Jones board delays takeover vote, giving Solomon Lew more time to buy

David Jones.

Eli Greenblat Woolworths Holdings' $2.2 billion takeover of David Jones may be slowly slipping through its fingers.

Myer executive Adam Stapleton quits as new talent hired

Eli Greenblat Myer chief Bernie Brookes has described as ''collateral damage'' the loss of his merchandise head, Adam Stapleton, after the department store hired three new senior executives to shake up its...

Myer executive Adam Stapleton quits as new talent hired

Eli Greenblat Myer chief Bernie Brookes has described as ''collateral damage'' the loss of his merchandise head, Adam Stapleton, after the department store hired three new senior executives to shake up its...

Retail

Lew throws down gauntlet

DAVID JONES

Eli Greenblat Woolworths Holdings' hopes of grabbing David Jones without a costly fight disintegrated on Wednesday after Solomon Lew tightened his grip on the upmarket department store by unveiling a 10 per cent...

Retail

Myer executive shakeup ahead of David Jones battle

Bernie Brookes.

Eli Greenblat Myer boss Bernie Brookes has reshaped his senior team as he prepares to lock horns with a David Jones revitalised under new ownership.

David Jones

David Jones war heats up as Solomon Lew emerges from the shadows to grab more shares

David Jones.

Eli Greenblat Retail billionaire Solomon Lew has boosted his stake in department store David Jones to just under 10 per cent, signalling a clear intention to scuttle the $2.

Call to end hiding behind complex derivatives

solomon lew

Eli Greenblat Corporate governance experts have called for enhanced disclosure obligations to unveil investors who use complex derivatives to hide their presence on a company's share register as a mystery buyer -...

Solomon Lew tipped as sharemarket raider on DJs

David Jones.

Eli Greenblat The nation's oldest and most venerable department store, David Jones, on Monday took the form of a hotel piece passed around a Monopoly board as one of the country's richest men grapples with one of...

Retail

Woolworths in Visa alliance to offer more financial services

Eli Greenblat Woolworths has jumped on the supermarket bandwagon of showering its shoppers with a suite of financial services revolving around credit cards, announcing Visa as a new partner for its Woolworths...

Retail

Household spending cuts estimated at $10 billion

A shopper in a supermarket

Eli Greenblat A trickle of profit warnings from retailers could be prevented from turning into an avalanche.