Eli Greenblat

Eli Greenblat

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

Retail

DJs makes some noise with great quarterly sales, but Paul Zahra stays quiet

Eli Greenblat DJs wipes floor with Myer, posting best quarter in years, but keeps boss in bunker.

Wesfarmers stands by new Coles boss John Durkan

John Durkan

Eli Greenblat Wesfarmers was refusing to comment late Monday on the future of the incoming boss of its Coles supermarket chain, John Durkan, despite the executive named in court documents as playing a key role in...

ACCC stoush

Wesfarmers stands by next Coles chief

Eli Greenblat Wesfarmers was refusing to comment late Monday on the future of the incoming boss of its Coles supermarket chain, John Durkan, despite the executive named in court documents as playing a key role in...

Retail

Cash for Coles: making suppliers pay

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

Eli Greenblat A casual request for cash from Red Bull was part of a pilot program where Coles sought payments from some of its key suppliers, court documents reveal.

Retail

ACCC takes action against Coles over alleged treatment of suppliers

Coles

Eli Greenblat The Australian Competition and Consumer Commission is taking action against Coles for "alleged unconscionable conduct towards its suppliers".

Retail

Myer boss Bernie Brookes vows a return to profit growth next year

Bernie Brookes.

Eli Greenblat Australia's biggest department store has vowed to return to profit growth next year.

Retail boss Mark McInnes blasts Labor, slams high wages

130419 afr mcinnes pi
friday april 19 2013
mark mcinnes talking at the trans tasman business circle lunch
pic josh robenstone
story jess gardner

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.