Woolworths Open their
Smallest Metro Store
This is the latest Woolworths
convenience store on York St. Sydney. The new Metro format is designed to offer
customer convenience in high traffic, inner city locations and this latest
store is just 310sq.m.
UK Retailers Could Suffer
From Brexit
UK retailers have been warned
that a combination of poor consumer sentiment and increased supply costs from
Europe could impact on earnings following the decision for the UK to leave the
European Union. The uncertainty of tariff positions, political instability including
a looming election, and a falling pound are all expected to impact on their
bottom line.
Jamie Oliver’s Restaurant
Brand Placed In Receivership
The operators of Jamie
Olivers franchise, Jamie’s Italian, has been placed in receivership following
disagreement with its lenders and the nature of financial resources needed to
move forward. Jamie’s Italian restaurants operate in Sydney,
Perth, Canberra, Brisbane and Adelaide.
Harvey Norman Launches Beer Machine
A fully automated personal
brewing system allows users to brew and dispense beer from a machine marketed
by Coopers Brewery. The Beer Droid costs $799 and brews 10 litres of beer at
the push of a button.