Latest Retail Operations News

HSBC Bank Australia is exiting its retail loan business by selling a AUD36 billion home and personal loan portfolio to Blackstone-managed funds, with completion targeted for early 2027 pending regulatory approval.

Locate Technologies’ Q4 FY26 update highlights a 54% surge in Locate2u revenue to NZ$1.20 million, driving normalised EBITDA into positive territory. AI integration accelerated product development and customer onboarding, while capital moves included a share buyback and royalty conversion.

The ACCC has initiated Federal Court proceedings against Dusk Group's subsidiary, alleging supply of button battery products without completed safety testing and breaches of prior undertakings.

The ACCC has approved Ampol’s acquisition of EG Australia, mandating the sale of 41 overlapping fuel retail sites to Metro Petroleum to maintain competition across 39 local markets.

Endeavour Group unveils a refreshed strategy focusing on price leadership in retail, accelerated hotel portfolio investment, and a $300 million cost reduction program to drive long-term shareholder value.

Viva Leisure has lifted its FY26 net profit after tax guidance by more than 130%, driven by strong margins and a booming technology segment, while reaffirming revenue and EBITDA targets.

Contact Energy's April 2026 report shows rising electricity and gas sales, improved margins, and lower generation costs, supported by strong hydro storage and ongoing renewable projects.

Gentrack Group delivered steady revenue with a 12% rise in recurring income but saw EBITDA fall due to project delays and investment. The company announced two acquisitions to bolster AI and energy pricing capabilities alongside a $20 million share buyback plan.

Premier Investments reported a modest 0.38% rise in net profit from continuing operations for the half-year ending January 2026, alongside a 3% increase in revenue and a fully franked interim dividend of 45 cents per share.

Star Combo Pharma reported a 23% decline in revenue to $11.9 million for the half year ended December 2025, driven by the loss of a major OEM contract and closure of its AustoYou retail business. Despite this, operating profit after tax rose 49% to $413,243, reflecting effective cost management.

Viva Energy Group Limited reported a significant net loss for 2025, driven by retail asset impairments, yet underlying profits and strategic investments signal resilience and a clear path forward.

Superloop has agreed to acquire Lightning Broadband for $165 million, significantly expanding its fibre footprint and accelerating its Smart Communities strategy across Australia.