Latest Retail News

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Astron Corporation Limited proposes to shift its corporate domicile from Hong Kong to Australia by establishing a new Australian parent company, Astron Limited. Shareholders and CDI holders will exchange their securities on a two-for-one basis, aligning the group’s structure with its Australian assets and simplifying governance.

The Reject Shop Limited shares have been suspended from ASX trading following Federal Court approval of Dollarama Inc.'s acquisition scheme. This marks a pivotal step in the retailer's transition under new ownership.

Elanor Investors Group updates on its ongoing asset divestment program, debt covenant negotiations, and corporate governance reforms as it navigates balance sheet challenges and strategic options.

The Reject Shop Limited has received Federal Court approval for its Scheme, enabling a fully franked special dividend of AUD 0.77 per share payable mid-July.

The Federal Court has approved Dollarama’s acquisition of The Reject Shop, triggering a suspension of TRS shares on the ASX and setting the stage for upcoming cash payments to shareholders.

Vanguard Investments Australia has announced estimated distribution amounts for a broad range of its ETFs, alongside key dates for July 2025. Investors can now anticipate income details and plan for upcoming payments across multiple funds.

Biome Australia has reported record-breaking sales revenue for FY25, driven by strong domestic demand and promising international expansion. The company is on track to deliver its first full-year net profit and meet ambitious growth targets.

OMG Group Limited has reported record monthly sales of $602,000 in June 2025, driven by surging ecommerce demand and strong operational cashflow, positioning the company for continued growth in FY26.

IAG has revised its FY25 financial guidance upward, citing a $200 million reduction in expected natural perils costs, including significant claims from recent NSW floods. This update lifts profit and margin forecasts amid steady premium growth.

The Federal Court of Australia has approved Dollarama’s acquisition of The Reject Shop, setting the stage for a significant shift in the Australian discount retail landscape. Shareholders are poised to receive a special dividend and a cash payout as the scheme becomes effective.

SenSen Networks has successfully completed a key contract with Montréal’s Agence de mobilité durable, driving record full-year revenue growth exceeding 20%. The company anticipates strong cash collections into FY26, underscoring its expanding global footprint in AI-driven urban management.