Metcash dumped by 7-Eleven losing $800 million in sales in the process

Think your breakup was bad? Take solace in the news that Metcash (ASX: MTS) is set to lose hundreds of millions in earnings after ending things with convenience chain 7-Eleven. Metcash announced this morning that 7-Eleven will not be renewing its current supply agreement after it concludes...

Metcash dumped by 7-Eleven losing $800 million in sales in the process

Business News Australia reports on business news, trends, and profiles for Sydney business owners, executives and entrepreneurs.

New trains to boost Sydney's Southwest Metro beyond Chatswood
New trains to boost Sydney's Southwest Metro beyond Chatswood

The NSW Government has ordered 23 new trains to support the city's Metro railway beyond Chatswood into the cit...

Abacus acquires North Sydney tower for $311 million
Abacus acquires North Sydney tower for $311 million

Abacus Property Group (ASX: ABP) is making a $311 million bet on the revival of North Sydney with its latest acqui...

Aussie patented condom gets the nod for Europe's bedrooms
Aussie patented condom gets the nod for Europe's bedrooms

Shares in Starpharma (ASX: SPL) couldn't get up by market close today despite a landmark approval for the biot...

"Justice for thousands" as Shine wins implant class action against Johnson & Johnson
"Justice for thousands" as Shine wins implant class action against Johnson & Johnson

A class action seven years in the making has delivered "justice for thousands" after Shine Lawyers (ASX:...

Bucephalus Research makes fresh allegations against Rural Funds
Bucephalus Research makes fresh allegations against Rural Funds

A Hong Kong-based "creative accounting" researcher has upped the ante in its criticisms of agricultural ...

How WeWork forced Servcorp's transformation
How WeWork forced Servcorp's transformation

In the wake of its failed IPO WeWork has become synonymous with hyped-up Silicon Valley bro culture and corporate ...

Noni B to acquire stake in New Zealand's EziBuy
Noni B to acquire stake in New Zealand's EziBuy

Noni B (ASX: NBL) and Alceon Group are set to acquire 50.1 per cent of New Zealand retailer EziBuy. The acquis...

WiseTech suffers another attack from J Capital
WiseTech suffers another attack from J Capital

"While there are those who seek to distract, we will not be deterred," says WiseTech founder and CEO Ric...

Canva co-founder Cameron Adams joins Mogul board
Canva co-founder Cameron Adams joins Mogul board

Canva co-founder and chief product officer Cameron Adams (pictured centre) has joined the board of listed esports ...

Suncorp backs the future of mobility with Car Next Door investment
Suncorp backs the future of mobility with Car Next Door investment

Suncorp has taken a strategic stake in car-sharing platform Car Next Door in reaction to the evolving mobility sec...

Profits triple for TechnologyOne
Profits triple for TechnologyOne

Profit growth may plateau for some companies as they mature and their size makes them clunky, but TechnologyOne...

Byron's iconic Beach Hotel to change hands for $100 million
Byron's iconic Beach Hotel to change hands for $100 million

Anyone who has ever set foot in Byron Bay will know the Beach Hotel. The iconic venue is known far and wide as...

Prospa shares plunge on profit guidance downgrade
Prospa shares plunge on profit guidance downgrade

Shares in Prospa (ASX: PGL) have plummeted this morning after the small business lender announced 2019 earnings wo...

AI developer Appen upgrades guidance as its customers beg for more
AI developer Appen upgrades guidance as its customers beg for more

Artificial intelligence is frequently cited by analysts as one of the world's fastest growing industries, so i...

Companies

Metcash dumped by 7-Eleven losing $800 million in sales in the process
Metcash dumped by 7-Eleven losing $800 million in sales in the process

Think your breakup was bad? Take solace in the news that Metcash (ASX: MTS) is set to lose hundreds of millions in...

Property

Abacus acquires North Sydney tower for $311 million
Abacus acquires North Sydney tower for $311 million

Abacus Property Group (ASX: ABP) is making a $311 million bet on the revival of North Sydney with its latest acqui...

Opinion

What York Jewellers can teach us about marketing in the values economy
What York Jewellers can teach us about marketing in the values economy

It's no secret that consumer expectations have changed. We're currently living in what I like to call ...

Leadership

Canva co-founder Cameron Adams joins Mogul board
Canva co-founder Cameron Adams joins Mogul board

Canva co-founder and chief product officer Cameron Adams (pictured centre) has joined the board of listed esports ...

Entrepreneurship

New Aim's Everywhere Store takes out Australian Young Entrepreneur of the Year
New Aim's Everywhere Store takes out Australian Young Entrepreneur of the Year

Amazon may be known as The Everything Store, but New Aim is making a name for itself in Australia as The Everywher...

Technology

Watchdog warns major tech takeovers could harm consumers
Watchdog warns major tech takeovers could harm consumers

The Australian Competition and Consumer Commission (ACCC) certainly has it out for the big US tech players. Fo...

"Justice for thousands" as Shine wins implant class action against Johnson & Johnson
"Justice for thousands" as Shine wins implant class action against Johnson & Johnson

A class action seven years in the making has delivered "justice for thousands" after Shine Lawyers (ASX:...

Finance

Prospa shares plunge on profit guidance downgrade
Prospa shares plunge on profit guidance downgrade

Shares in Prospa (ASX: PGL) have plummeted this morning after the small business lender announced 2019 earnings wo...

Marketing

Jennifer Hawkins' tequila brand teams up with LA Clippers
Jennifer Hawkins' tequila brand teams up with LA Clippers

A tequila brand founded by Jennifer Hawkins and her husband Jake Wall has made a groundbreaking deal to partner wi...

Executive Lifestyle

Being busy does not mean being unhealthy: Top tips for businessmen and women
Being busy does not mean being unhealthy: Top tips for businessmen and women

As the saying goes, 'if you do not make time for your wellness, you will be forced to make time for your illne...

Conference And Events

The top spots for hosting an unforgettable Christmas
The top spots for hosting an unforgettable Christmas

Your staff have worked hard all year and deserve to party! Want to know how you can make their Christmas unforgett...

Video

Adelaide robo-welders K-TIG list on the ASX
Adelaide robo-welders K-TIG list on the ASX

Following an oversubscribed $7 million capital raise Adelaide-based disruptors K-TIG have listed on the ASX under ...

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