Australia’s move to ban plastics from slowing down the environmental impact of humans has gained momentum in the last few years. Plastic bags at your local Coles or Woolworths were removed in 2018, then just last year, single-use straws were phased out of existence – as a result, your milkshake now has a cardboard straw
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Keen eyes have long identified the demerger of Endeavour Group from Woolworths (ASX: WOW) as the most anticipated spinout in years and a date has finally been set which will see Australia’s leading drinks and hospitality group listed on their own. Operating a drinks business portfolio that includes Dan Murphy’s and BWS as well as
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Having realised the incredible savings made from the mass-adoption of self-service checkouts, Woolworths (ASX: WOW) could soon have an array of other automation-driven initiatives having secured the controlling interest of data science company Quantium for $223 million. The investment will increase Woolworth’s existing shareholding from 47% to 75% following a hugely successful partnership where Quantium’s
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CBA have announced they plan to launch 25 new businesses over the next five years through their fully owned subsidiary, X15 Ventures. In partnership with KPMG who will provide advice on the ventures, and Microsoft, who will contribute to the engineering platforms, CBA intends to capitalize on their brand, security protocols, and available funds to
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It’s been a rough first month since listing on the ASX for Buy-Now-Pay-Later (BNPL) service provider Openpay (ASX: OPY) but the fintech is diversifying into the B2B market with the launch of Openpay For Business – software designed to streamline trade account management. Despite its Openpay branding, Openpay For Business will not offer B2B partners
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Food delivery service Marley Spoon (ASX: MMM) has received further commercial support, securing A$4m in funding from supermarket operator Woolworths (ASX: WOW). The subscription-based, meal-kit delivery service that currently operates throughout Australia, Europe, and the US delivers raw ingredients and cooking instructions to the door of their customers. The convenience of delivery and the variety
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