Latest Retail News

Lendlease has struck a binding agreement to sell a significant stake in its Malaysian TRX retail and office assets, marking a key step in its FY26 capital recycling strategy aimed at reducing gearing and unlocking value.

Stockland has announced an estimated 9.0 cents per security distribution for the first half of FY26, alongside a 1% discount on reinvested dividends through its Distribution Reinvestment Plan.

Michael Hill International has successfully refinanced its $90 million debt facility, securing improved margins and extending the term to August 2028 with the addition of Commonwealth Bank as a new lender.

Scout Security outlines a bold transformation with the acquisition of Roo Inc., expansion into insuretech, and a pivot to AI-driven smart security solutions, positioning itself for accelerated growth and profitability.

Rox Resources has increased its Share Purchase Plan to A$18 million following strong retail demand, complementing a $200 million institutional placement to fully fund the Youanmi Gold Project development.

Bapcor Limited has obtained unanimous lender approval to temporarily ease its Net Leverage Ratio covenant, supporting its ongoing turnaround efforts through mid-2026.

Peter Warren Automotive Holdings is set to acquire Wakeling Automotive, adding 16 brands and 30 dealerships to its portfolio and boosting its presence in the fast-growing Western Sydney market.

Jumbo Interactive will subcontract with Brightstar Lottery PLC to deliver key components of Lotterywest’s new gaming and digital platform, marking a significant collaboration in the lottery technology space.

RocketBoots Limited has secured a landmark five-year contract with a major multinational retailer, boosting its annual recurring revenue by over tenfold and marking a pivotal step in its global expansion.

Elixinol Wellness has amended acquisition terms for The Healthy Chef after its US distributor exited, reducing earnout payments and refocusing growth efforts on Australia.

Receivers and administrators have been appointed to 54 pharmacies within the Infinity Retail Pharmacy Group, catching Paragon Care off guard despite ongoing debt restructuring talks. The company pledges to support an orderly resolution to maximise creditor returns.

Bapcor Limited has appointed Chris Wilesmith as its new CEO and Managing Director, signaling a strategic leadership shift aimed at accelerating growth in the automotive aftermarket sector.