27 January 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.
Blackmores succumbs to China syndrome but ready for seizure of Indonesia
On Thursday 27 October, 2016, Blackmores reported its first quarter (September quarter) results for ...
On Thursday 27 October, 2016, Blackmores reported its first quarter (September quarter) results for ...
ACCC takes Heinz to court over nutritional claims
The Australian Competition and Consumer Commission (ACCC) has initiated legal proceedings against He...
The Australian Competition and Consumer Commission (ACCC) has initiated legal proceedings against He...
CCA to close SA manufacturing facility, invests in QLD instead
Coca-Cola Amatil, CCA, will be closing its South Australian manufacturing facilities and will be inv...
Coca-Cola Amatil, CCA, will be closing its South Australian manufacturing facilities and will be inv...
Huon Aquaculture lodges court proceedings against Tasmanian government
Salmon farming company, Huon Aquaculture, has lodged proceedings in the Australian Federal Court aga...
Salmon farming company, Huon Aquaculture, has lodged proceedings in the Australian Federal Court aga...
“Shop with Doc” idea development
Would you like your doctor to follow you around the supermarket while you do the weekly grocery shop...
Would you like your doctor to follow you around the supermarket while you do the weekly grocery shop...
Modern Slavery Bill: What business needs to do
IF passed into law, Australia's Modern Slavery Bill will require companies with an annual turnover o...
IF passed into law, Australia's Modern Slavery Bill will require companies with an annual turnover o...
Pea milk continues push into Australia market
See what the experts say about pea milk trying to push into the growing plant-based milk range, join...
See what the experts say about pea milk trying to push into the growing plant-based milk range, join...
Australian cold-pressed raw milk leads world innovations
Australian-owned cold pressed raw milk brand, Made By Cow, has been awarded “Best New Dairy Drink” a...
Australian-owned cold pressed raw milk brand, Made By Cow, has been awarded “Best New Dairy Drink” a...