Australian conglomerate Wesfarmers (ASX: WES)—the company behind Bunnings, Kmart and Priceline—has set its sights on acquiring Silk Laser (ASX: SLA), a leading provider of skin treatment and laser hair removal services, for a whopping $169 million. Wesfarmers’ subsidiary, Australian Pharmaceutical Industries (API), has entered into a Transaction Process Deed with SILK Laser Australia Limited in
Read MoreAussies may be tightening the household budget amid rising cost-of-living expenses but when it comes to retail spending, there’s one area that families are happiest to spend on – babies. It’s also why retailer Baby Bunting (ASX: BBN) has bucked the retail trend with another bumper result. For the 52 weeks ended 26 June 2022
Read MoreA power balance is in the process of shifting in the retail world where brand loyalty is one of the most valuable assets a consumer owns, often unknown to the consumer themselves. Identifying this changing trend, eCommerce company Mobecom (ASX: MBM) has acquired rewards business Neat Ideas to enhance their customer engagement platform. Core to
Read MoreWesfarmers (ASX: WES) has completed the first phase review of its iconic Target brand, confirming that its financial viability is not sustainable and that the majority of stores will be transformed into Kmart stores which better reflects the retail needs of Australian customers. The decision comes as Target has continued to see declining sales with
Read MoreThe content published on this website is solely for general information purposes and is not to be construed as financial advice. Should you seek financial advice you should consult with an appropriately qualified person. Opinions expressed on this site are subject to change without notice and The Sentiment who produced this content is under no obligation to keep the information current. The Sentiment, affiliated companies & associates may have a conflict of interest with companies discussed on the website due to commercial arrangements, for example they may be shareholders in the company, be engaged by them to assist in investor communications or receive commission/brokerage for funds raised.