23 October 2019
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.
New handheld sensor identifies allergens in food
In the US, food allergies trigger anaphylactic shock in someone every six minutes. Israel's SensoGe...
In the US, food allergies trigger anaphylactic shock in someone every six minutes. Israel's SensoGe...
ACCC launches market study into cattle and beef industry
The Australian Competition and Consumer Commission (ACCC) will be commencing a market study into the...
The Australian Competition and Consumer Commission (ACCC) will be commencing a market study into the...
Diageo launches PIMM’s on Tap
Beverage company Diageo is now selling pre-mixed PIMM’s cocktail on-tap in Australia.
Beverage company Diageo is now selling pre-mixed PIMM’s cocktail on-tap in Australia.
Free trade agreement pays off for Australian wine exporters
Wine exports to China have increased by over 50 per cent since the start of the China-Australia Free...
Wine exports to China have increased by over 50 per cent since the start of the China-Australia Free...
Mars releases world-first M&M's range in Australia
Mars Chocolate Australia is releasing the world’s first M&M’s chocolate block range.
Mars Chocolate Australia is releasing the world’s first M&M’s chocolate block range.
McCain Australia invests in latest “state-of-the-art” robotic cold storage facility
McCain Australia will be moving into a new “state-of-the-art” robotic cold storage facility in the M...
McCain Australia will be moving into a new “state-of-the-art” robotic cold storage facility in the M...
Gatorade enters water category with new electrolyte drink
Gatorade is entering into the water category, now selling a sugar-free flavoured electrolyte water.
Gatorade is entering into the water category, now selling a sugar-free flavoured electrolyte water.
Gruesome health warnings on obesity-cancer link leads new ad campaign
HOW long now until sugary drinks carry the sort of gruesome medical images used on cigarette packets...
HOW long now until sugary drinks carry the sort of gruesome medical images used on cigarette packets...