Eli Greenblat

Eli Greenblat

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

Retail boss Mark McInnes blasts Labor, slams high wages

Eli Greenblat Former David Jones boss Mark McInnes has introduced a speech by federal treasurer Joe Hockey with a blistering attack on the previous Labor government's management of the economy.

Beverages

Pernod Ricard rumoured to be circling Treasury Wine Estates

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

Eli Greenblat Shares in Treasury Wine Estates, the world's biggest listed winemaker and owner of brands such as Penfolds, Wolf Blass and Rosemount, have rocketed nearly 15 per cent this morning on rumors that...

Retail

Myer shares fall on sales figures

Bernie Brookes of Myer at Press Conference 15th September 2011

Eli Greenblat Myer shares have fallen sharply after the retailer reported a slight decline in total sales for the third quarter.

Retail

sass & bide in 48 per cent profit jump

sass & bide

Eli Greenblat Australian fashion label sass & bide has successfully fended off the invasion of foreign retail giants such as Spanish fast-fashion giant Zara and Topshop and a slew of online competitors like ASOS...

Retail

Shares slide as Woolworths falls short in bid to defeat Coles

WOOLWORTHS AFR PHOTOGRAPH BY GLENN HUNT 10102012.
GENNERIC- Woolworths

Eli Greenblat Investors showed they had little patience for companies that undershot earnings forecasts, even by the thinnest of margins, sending down shares in retailer Woolworths on Wednesday by 3 per cent after...

Retail

Big Sister Foods collapses, 100 jobs at risk

Mince pie

Eli Greenblat Iconic Australian food manufacturer Big Sister Foods has collapsed after nearly 70 years in business putting at risk the jobs of around 100 people.

Retail

Woolworths, Coles in sales growth dead heat

Woolworths

Eli Greenblat In a dead heat between Australia’s two biggest supermarket chains, Woolworths and Coles have tied for third quarter growth at their respective supermarket chains, setting up the final quarter of the...

Economy

Tough federal budget OK: Wesfarmers

wesfarmers chief

Eli Greenblat Wesfarmers chief Richard Goyder has backed the federal government's determination to reduce debt, but does not believe mooted tax rises and spending cuts in the May budget will dent earnings growth...

Retail

Tough budget won't hurt spending, says Wesfarmers chief Richard Goyder

NEWS  -  Richard Goyder, Managing Director of WestFarmers at the Coles Floreat, 250th renewal store in Floreat, Perth. Photo Ross Swanborough. 270612

Eli Greenblat Wesfarmers boss Richard Goyder said he wasn't fearful of a dive in consumer demand if the federal government introduced a raft of tax hikes, new levies and spending cuts as part of what it is touting...

Retail

Coles, Bunnings, Officeworks fly flag for Wesfarmers

Coles supermarket Greenacre, Sydney. Generic Wesfarmers retail shopping centres Australia.
AFR Picture by STAFF
(NO CAPTION INFORMATION PROVIDED)

Eli Greenblat Perth-based comglomerate Wesfarmers has once again relied on its Coles supermarket, Bunnings hardware chain and Officeworks stores to do the heavy lifting in terms of sales with the company's retail...

Retail

Dick Smith online sales jump by 47 per cent

Dick Smith

Eli Greenblat Consumer electronics retailer Dick Smith, which listed on the sharemarket last year in a $345 million float, has reported a 1 per cent lift in like for like sales in the third quarter with online...

Alcohol

Australian wine sales to China plummet

A wine taster samples a product from one of China's biggest wine producers at a wine show in Hong Kong 23 May 2006.  VINEXPO Asia Pacific 2006 - the worlds largest wines and spirits exhibition opened today in the territory.  AFP PHOTO/MIKE CLARKE

Eli Greenblat Latest figures on Australia's wine export performance show a steep 12 per cent decline in sales to China.

Retail

Business as usual for Dick Smith's 'watertight' DJs deal

Nick Abboud

Eli Greenblat Dick Smith chief says a deal to operate David Jones' floor space was 'watertight'.

Retail

David Jones electronics deal 'watertight': Dick Smith chief

Dick Smith

Eli Greenblat Dick Smith chief Nick Abboud said his deal to operate David Jones' electronics floor space was ''water tight'' and would not be affected by the proposed $2.

Fuel

Woolworths shopper dockets breached watchdog deal

WOOLWORTHS

Eli Greenblat Federal Court rules Woolworths shopper dockets breached deal with competition regulator.

Retail

David Jones plans in the pipeline as shock eases

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

Eli Greenblat, Jemima Whyte Woolworths chief Ian Moir has identified three sites for new, smaller David Jones stores.

Retail

Woolworths Holdings would dress up David Jones with private labels

Simon Bosch.

Eli Greenblat 'We will have the best offer, the best-priced offer, the best fashionable offer in private label in Australia bar none.'

Coke's results show shoppers rally 'round SPC flag

spc

Eli Greenblat Australian shoppers have rediscovered their patriotism when it comes to diced fruit and chopped tomatoes, scooping up trolley loads of SPC Ardmona goods in supermarkets after the food manufacturer's...

Retail

Adviser's Woolworths SA role a stroke of luck for Myer

A Myer Pop Up shop in Southern Cross Station.  The Age. Photo: Angela Wylie. December 12 2012.

Eli Greenblat Myer may have access to key inside information on Woolworths Holdings' strategic plans for its transformation of rival department store David Jones after it appointed a former retail boss of the...

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...