22 September 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.
SodaStream morality campaign pisses on bottled water makers
The American division of SodaStream has angered water bottlers with a campaign showing bottled water...
The American division of SodaStream has angered water bottlers with a campaign showing bottled water...
Emerging protein for humans is also a drought-proof stock feed solution
See how the future of this emerging protein for humans is presenting as a large scale, drought-proof...
See how the future of this emerging protein for humans is presenting as a large scale, drought-proof...
Allen’s turns to Australian public for next lolly variety
Allen’s Lollies has again decided to ask the Australian public to choose what its next new lolly var...
Allen’s Lollies has again decided to ask the Australian public to choose what its next new lolly var...
Pump to partner with AFL again in 2018 season
Pump Water will continue its partnership with the AFL signing on as the official water of the league...
Pump Water will continue its partnership with the AFL signing on as the official water of the league...
ACCC decides major brewers are not unfairly locking out craft brewers
The Australian Competition and Consumer Commission (ACCC) says the contracts between Carlton United ...
The Australian Competition and Consumer Commission (ACCC) says the contracts between Carlton United ...
How David Jones plans to expand its premium food business
David Jones has confirmed it will be opening a series of new food halls focused on providing premium...
David Jones has confirmed it will be opening a series of new food halls focused on providing premium...
Vitafoods Asia introduces new K2 Vitamin Pair
Vitafoods Asia, the event that shapes the food industry for optimal health through science and inno...
Vitafoods Asia, the event that shapes the food industry for optimal health through science and inno...
Health Star Ratings “increasingly popular with shoppers”
Independent monitoring conducted by the National Heart Foundation has found the Health Star Rating S...
Independent monitoring conducted by the National Heart Foundation has found the Health Star Rating S...