Health and wellness products company EZZ Life Science (ASX: EZZ) is set to see its products sold throughout South East Asia having secured a major distribution deal for its human health products from Pinehills. The five-year agreement, which commenced this month, is valued at a minimum of $15 million for the first 12 months, with
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In this economy, saving a quick buck is a priority. That’s also the reason behind K-mart profits booming to over $600 million in the first half of FY24. Australians are casting around for low-priced goods that provide good value. Why, then, did the discount retail chain The Reject Shop (ASX: TRS) have a sobering experience?
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Hospitality and accessory retail company Innlanz (ASX: INL) is set to delist from the ASX, surrendering to the COVID effect on its business. The Company’s board of directors noted that its financial position and the COVID-19 pandemic-forced changes in its business, the costs and administrative burden of remaining listed on ASX outweigh the benefits of
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Toys retailer Toys‘R’Us (ASX: TOY) has announced strategic initiatives to streamline operations and enhance market presence. The move comes as the Company seeks to address challenges within the UK market by exiting it and positioning itself for growth. One aspect of the Australia-licenced entity’s restructuring plan is a proposed 10:1 Share Capital Consolidation. This move
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They may be Australia’s largest online bookstore but based on Booktopia’s (ASX: BKG) results, books were not popular at all over Christmas as orders waned and revenue fell significantly compared to the previous retail season. For the Half Year ended 31 December 2023, Booktopia reported $86.3 million, marking a substantial 22% decrease compared to the
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Amidst the challenging economic landscape of Australia’s cost-of-living crisis, eCommerce company Harris Technology (ASX: HT8) has emerged as one of the consumer friendly retailers offering low-cost alternative tech products that have proven immensely popular amongst cash-strapped households. As economic pressure tightened the purse strings of these households, customers have shunned discretionary retail in droves, a
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