Eli Greenblat

Eli Greenblat

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

Law firm launches shareholder class action against Treasury Wine Estates

Sour taste: Treasury Wine denies allegations against it

Eli Greenblat Maurice Blackburn teams with litigator IMF over Treasury Wine profit warning disclosure.


Target hit with $680m impairment charge

Target managing director Stuart Machin.

Eli Greenblat Wesfarmers will be forced to swallow a $680 million impairment charge on its struggling merchandise and apparel group Target, wiping off nearly one-third of the retail chain's goodwill.


Pressure on Woolworths over synergies


Eli Greenblat South African retailer Woolworths could miss ambitious synergy targets pledged to its investors.

Treasury Wine Estates keen to snare exclusive label deal with Coles, Woolworths

Treasury Wine Estates' premium brands like Penfolds will be exempt from its brand clean-up program.

Eli Greenblat Treasury Wine Estates is looking to strike exclusive supply deals with major liquor retailers Woolworths and Coles.


Treasury boss vows end to brand bashing

The Age
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...


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...


Treasury Wine in $260m writeoff

The newly released Penfolds Grange at Dan Murphy's, Alexandria, Sydney. 2nd may 2013. Photo by Tamara Dean


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...


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.


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.


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.


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.


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.


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.


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

David Jones.

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


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

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...


Lew throws down gauntlet


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...


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.