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Last Thursday, Endeavour Group Ltd (ASX: EDV) completed its first day trading on the Australian Stock Exchange (ASX) as a public company. The share price closed at $6.02. EDV has since got a move on, rising to $6.39 (it reached $6.55 on Friday) Endeavour encompasses the liquor stores, hotels, hospitality venues and gaming assets formerly under the control of Woolworths Group Ltd (ASX: WOW)….
In April 2021, 5.2 million Australians shopped online, according to Australia Post’s 2020 eCommerce Industry Report. It’s no secret that Covid-19 changed not just Australian retail, but retail operations around the world. The move to e-commerce was brought forward by two to three years and took place at a rapid pace, out of need rather…
Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer businesses that were the biggest detractors, Woolworths (ASX:WOW) falling 3.9% after delivering lackluster third quarter sales figures….
The sound was deafening. It was the early stages of an unexpected global pandemic that had sent the entire world into meltdown. Both the short- and long-term impacts remained uncertain, the only certainty was that the movement of people around the world had ground to a complete halt: the worst-case scenario for investors in the…
ASX shares opened lower on Friday with the All Ords index down 3% before midday on Friday, following overseas markets downward.