Latest Retail News

Meridian Energy’s February 2026 report reveals below-average hydro inflows but robust water storage and growing retail customer base, highlighting resilience amid weather challenges and market fluctuations.

Collins Foods has agreed to settle a class action over employee 10-minute rest breaks for up to AUD 9 million, pending Federal Court approval. The settlement includes flexible terms based on participant numbers, with no admission of liability.

OMG Group has launched two new matcha brands targeting both premium and mass-market consumers, supported by a five-year exclusive supply agreement for ceremonial-grade Japanese matcha. This move positions OMG to capitalise on the booming global matcha market through a vertically integrated strategy.

Briscoe Group Limited reported record full-year sales of NZD 798.8 million for FY2026, with net profit after tax dipping slightly to NZD 59.2 million. The company maintained dividends and invested heavily in supply chain upgrades despite a challenging retail environment.

Elanor Investors Group reported a $57 million statutory loss for FY25 but is progressing a $125 million recapitalisation with Rockworth Capital Partners to stabilise its balance sheet amid ongoing financial challenges.

Winton Land Limited has secured conditional approval under the Fast-track Approvals Act 2024 for its Sunfield masterplanned community, paving the way for thousands of homes and extensive commercial precincts.

icetana AI has landed a significant $2.1 million contract renewal and expansion with its largest customer, Middle East retail giant Majid al Futtaim Properties, reinforcing its foothold in large-scale security AI.

Dexus Convenience Retail REIT has extended its on-market securities buy-back program for another year, aiming to repurchase up to 2.5% of its securities to enhance shareholder value amid current trading conditions.

Audeara Limited has initiated three new white-label Auracast™ programs with Clinico Inc., alongside launching its BT-03 Audio Broadcaster in Australia, marking a significant step in scaling its audio technology globally.

The Lottery Corporation is reshaping its executive team and operating model to sharpen focus on digital expansion and local market growth, effective July 2026.

Bapcor Limited has initiated a fully underwritten $200 million equity raising at $0.60 per share, aiming to reduce debt and support a strategic turnaround under new leadership. The retail entitlement offer opened on 5 March and closes on 19 March 2026.

Superloop has reached a significant milestone under its exclusive Origin Energy contract, surpassing 250,000 broadband subscribers and triggering a share issuance obligation.