Latest Retail News

Toys’R’Us ANZ Limited has been suspended from ASX trading following the appointment of voluntary administrators, signaling serious financial distress. The suspension will remain until the company meets ASX’s compliance requirements.

Toys’R’Us ANZ Limited has appointed voluntary administrators after abandoning its recapitalisation efforts, with ASX trading suspended immediately. The company aims to explore restructuring or sale options while maintaining operations.

FireFly Metals has secured C$25.8 million through a Canadian bought deal and an A$46 million Australian equity raise to fund expansion and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

Sparc Technologies has successfully closed its Share Purchase Plan, raising more than double its initial target, signaling strong shareholder confidence as it advances its green hydrogen and graphene projects.

BetMakers Technology Group is poised to expand its North American footprint by acquiring LVDC, Nevada’s exclusive pari-mutuel wagering provider, targeting an initial A$4 million in annual revenue.

Ridley Corporation has successfully closed its retail entitlement offer, raising $26 million as part of a $125 million capital raise to fund its $300 million acquisition of Incitec Pivot’s fertiliser distribution business.

Lovisa Holdings has appointed John Cheston as Global CEO and Managing Director, alongside Mark McInnes as Executive Deputy Chairman, signaling a strategic push for global growth.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Alvo Minerals has announced an accelerated pro-rata entitlement offer to raise approximately $1.56 million, aiming to fund its Palma Cu/Zn Project and other exploration activities in Brazil. The offer includes new shares and free attaching options, presenting shareholders with a discounted opportunity to increase their holdings.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.