The company’s consolidated net profit is up by 30.6 per cent from $5.3 million to $6.9 million for the 2010 financial year.
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DJs to close Newcastle CBD store
This comes after The GPT Group withdrew from its $600 million Newcastle Central development plan in seek of ‘alternative development opportunities’
Who wants to be a millionaire?
Armed with a suitcase full of cash, businessman Dick Smith will announce details of his Wilberforce Award – with $1 million cash to be given away.
Metcash acquires Franklins supermarket chain
Metcash is acquiring the Franklins chain of 85 supermarkets, comprising 77 corporate stores plus supply to eight franchised stores.
Wesfarmers appoints new director to the board
Wesfarmers has announced the appointment of Vanessa Wallace as a new director of the company.
Woolworths and Lowe’s open first home improvement store
Woolworths and its US joint venture partner Lowe’s are opening their first Home Improvement store in Springfield Central, Ipswich.
Melbourne retailer underpays employee $25,000
The Fair Work Ombudsman is prosecuting the former manager of a Melbourne retail business after a salesperson was allegedly underpaid $25,000.
Australia’s first Cold Rock/Pretzel World store opens in Hobart
Australia’s first dual Cold Rock Ice Creamery and Pretzel World store has opened in Hobart, attracting around 2000 customers within its first three days of operation.
Costco gets approval for Sydney store
Discount retail giant Costco has been given the green light for its second Australian location, with the NSW government today approving plans for its proposed Sydney store.