Eli Greenblat

Australian

Senior Business Reporter at The Australian

Senior business reporter with The Australian, covering the retail & beverage sectors as well as the economy and stockmarket. Views my own.

Articles

Woolworths survey of shoppers shows cost-of-living crisis getting worse

1 month ago | futures.tradingcharts.com | Eli Greenblat

Mar 16, 2025 (The Australian - ABIX via COMTEX) --Internal research by supermarket chain Woolworths has revealed that consumers think that the cost-of-living crisis is getting worse, with shoppers ranking grocery bills ahead of mortgage and rent payments and utilities bills in terms of financial difficulty.
Woolworths survey of shoppers shows cost-of-living crisis getting worse

1 month ago | futures.tradingcharts.com | Eli Greenblat

Mar 16, 2025 (The Australian - ABIX via COMTEX) --Internal research by supermarket chain Woolworths has revealed that consumers think that the cost-of-living crisis is getting worse, with shoppers ranking grocery bills ahead of mortgage and rent payments and utilities bills in terms of financial difficulty.
ASX Health Stocks: Lumos passes milestone with Nasdaq‘s Hologic to revolutionise birth diagnosis

May 6, 2024 | theaustralian.com.au | Eddy Sunarto |David Ross |Eli Greenblat

Lumos Diagnostics (ASX:LDX) has completed the first phase of its development agreement to develop a new foetal fibronectin (fFN) test for leading women’s health company, Hologic (NASDAQ: HOLX). On January 11, Lumos shared some exciting news about teaming with Hologic. They signed two deals: one worth $10 million for intellectual property and another valued at $4.7 million for development.
Coles post 3.4pc rise in sales amid intense supermarket scrutiny

Apr 29, 2024 | theaustralian.com.au | Jack Quail |Eli Greenblat

Sales at Coles edged higher in the third quarter, its latest results have revealed, as the supermarket sector faces heated criticism over claims of profiteering. Unveiling its latest results on Tuesday, the supermarket giant reported that revenue from continuing operations rose to $10bn in the March quarter, up 3.4 per cent from the corresponding period a year prior.
Temu, Shein grabbing huge market share among Aussie shoppers

Apr 18, 2024 | theaustralian.com.au | Eli Greenblat

International cross-border online shopping is growing this year after a decline in 2023, thanks to two relatively new Chinese marketplaces. Such is the huge volumes of products from fast-fashion retailer Shein and Temu, they now represent at least 10 per cent of online-originated packages, the boss of Australia Post’s lucrative parcels and e-commerce division, Gary Starr, says.
Woolworths CEO Brad Banducci appearing before Senate inquiry

Apr 15, 2024 | theaustralian.com.au | Eli Greenblat |Ellen Ransley |Eleanor Campbell

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Coles staff prepared for card only transactions this Easter in leaked memo

Mar 27, 2024 | theaustralian.com.au | Tess McCracken |Eli Greenblat |David Ross

A leaked memo has revealed Coles staff are being prepared for the possibility of needing to convert registers to “card only” sales this Easter, as the nation’s key cash distribution company teeters on the brink of collapse. The “cash process update” memo sent to Coles staff and shared to social media comes amid “industry-wide challenges with cash movements” and could mean staff will experience shortages of change in their registers.
Bob Katter, Ross Cadell clash on sidelines of supermarkets inquiry

Mar 11, 2024 | theaustralian.com.au | Eleanor Campbell |Eli Greenblat |Jack Quail

Bob Katter and a Nationals senator have clashed on the sidelines of an inquiry probing the major supermarkets. A verbal altercation broke out between the maverick Kennedy MP and NSW senator Ross Cadell in Orange, while Mr Katter and independent MP Andrew Gee were announcing a parliamentary bill into the power of Coles and Woolworths. As Senator Cadell repeatedly interjected, Mr Katter asked him to stop interrupting.
Woolworths CEO Brad Banducci resigns

Feb 20, 2024 | theaustralian.com.au | Eli Greenblat |David Rogers |Valerina Changarathil |Megan Neil

Woolworths Group CEO Brad Banducci will step down in September, the company has announced. In a statement published to the ASX on Wednesday, Woolworths Group said Mr Banducci had given notice of his intention to retire after 13 years with the company, and eight and a half years as CEO. Amanda Bardwell, who has worked for Woolworths Group for 23 years, including as head of marketing, will serve as managing director and group CEO from September 1.
Disturbing photo of Tim Tam packet ravaged by mice at Sydney Coles shared on Reddit

Feb 17, 2024 | theaustralian.com.au | Tess McCracken |Ross Bilton |Eli Greenblat

Outraged shoppers have taken to social media to slam a Sydney supermarket after a customer spotted a vile detail on a Tim Tam packet. In a post on Reddit, a social media user shared an image of a Tim Tam packet on the shelf at Coles in Burwood that appeared to have been eaten by rats or mice. The Arnott’s packet had a large hole in the middle, with bite marks visible in at least three of the coconut-flavoured Tim Tams.