02 December 2020
Woolworths sells EziBuy
Woolworths has sold its EziBuy clothing and homewares retailer to Sydney-based investment firm, Alceon Group.
The sale figure has not been disclosed.
Woolworths acquired EziBuy four years ago but said after conducting a strategic review, decided to sell the business.
“Since this time, Woolworths has undertaken a comprehensive sales process to ensure the right decision was made for EziBuy with a buyer who has indicated a desire to work with the team to continue to build the business,” Woolworths said in a media statement.
EziBuy was established in New Zealand in 1978 and has some retail stores still operational in New Zealand. Within Australia, EziBuy sells its products online and through catalogues only.
Domino’s Pizza delivers investors a bigger market slice
The recent annual results of Domino’s Pizza Enterprises Limited have delighted its investors.
The recent annual results of Domino’s Pizza Enterprises Limited have delighted its investors.
Restaurant offers Sensory Hour for customers with autism
TODAY a Sydney restaurant on a ground-breaking mission of inclusion will host its first Sensory Hour...
TODAY a Sydney restaurant on a ground-breaking mission of inclusion will host its first Sensory Hour...
Labels fail to cash in on general protein trend
MANUFACTURERS are losing more than $50 million in potential sales by not listing protein content on ...
MANUFACTURERS are losing more than $50 million in potential sales by not listing protein content on ...
Metcash group profits turnaround in latest results but supermarket profits down
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit aft...
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit aft...
Montague Welcomes Premium Stone Fruit for summer season
An abundance of premium, hand-picked and juicy peaches, nectarines, apricots and plums are on the w...
An abundance of premium, hand-picked and juicy peaches, nectarines, apricots and plums are on the w...
Bundaberg Ginger Beer’s huge surprise success in US
Bundaberg Ginger Beer is the latest Australian company to become a huge success in the United States...
Bundaberg Ginger Beer is the latest Australian company to become a huge success in the United States...
Aus Food News X Iconic wine brand, Orlando, relaunches by reimagining Australia's most legendary dis...
Orlando are bringing back memories and creating new ones with the relaunch of this classic Aus...
Orlando are bringing back memories and creating new ones with the relaunch of this classic Aus...
New world of competition, earnings growth challenge awaits Coles
OPINION: STRONG future earnings prospects from less capital-intensive businesses is what Wesfarmers ...
OPINION: STRONG future earnings prospects from less capital-intensive businesses is what Wesfarmers ...