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Disgraced McDonald’s ex-CEO pays back US$105m in settlement
Easterbrook has also apologised for his behaviour.
HungryPanda acquires Buy@Home to strengthen Asian food delivery
Easi national operations manager Kitty Lu said the acquisition would increase the business' effectiveness and reach in a...
Sushi Sushi CEO leads retail’s first crypto store sale
Australian franchise Sushi Sushi has put a Queensland store up for sale via crypto currency, in what is believed to be a...
Retail spending continues to climb after strong Christmas
Spending through retail merchants on Worldline's network reached $696 million over the seven days ending January 4.
Nike sues Lululemon over Mirror Home Gym
Nike, based in Beaverton, Oregon, is seeking triple damages for Lululemon's alleged wilful infringement, and a variety o...
Central Group leads Selfridges buyout in US$5 billion deal
Luxury British store chain Selfridges is being sold to a Thai retailer and an Austrian property company in a deal that a...
Hallenstein Glasson’s sales tumble in first quarter
At the business’ AGM, held on Tuesday, chairman Warren Bell said the sales drop was largely caused by store closures acr...
Wesfarmers moves to block Woolies’ bid for API
According to Wesfarmers, a growing number of pharmacists and chemists find the overlap between Woolworths’ products and ...
The Warehouse Group introduces 26 weeks paid parental leave for all staff
The business will also continue topping up workers’ KiwiSaver contributions, and will keep accruing annual leave at the ...
L’Oreal buys US vegan brand Youth to the People
The brand is expected to record more than US$50 million of sales this year.
Card spending rises in November
The rise in card spending was particularly evident across the furniture, electrical and hardware categories.
BusinessNZ refuses to assist in “unlawful” fair pay scheme
“They aren’t needed, [and] remove the flexibility and autonomy of modern workplaces and won’t improve pay and conditions...
Mad Mex exits Asia. Here’s the new growth strategy for Australia
Mexican food chain Mad Mex is returning to Australian ownership with an ambitious local growth strategy.
Nestle trims L’Oreal stake with $10 billion sale
L'Oréal stock ended Tuesday up 3.96 percent at 424.8 euros while Nestle gained 0.1 percent to 121.9 Swiss francs.
The lowdown on Central Group – reported new owner of Selfridges
Speculation is swirling around the reported sale of iconic British department store Selfridges to Thai conglomerate Cent...
