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The Latest Breaking News from Endeavour Group

BWS owner cuts dividend as Aussies avoid booze splurge

Dan Murphy's and BWS owner Endeavour Group blames subdued sales on cost-of-living pressures as its high-profile new CEO prepares to take over.

AAP

Exec chair quits hotel and bottlo giant Endeavour Group

A major Australian hotel and bottle shop operator is looking for its third leader in the space of months as the company looks to refresh its strategy.

AAP

Woolies wins battle in warehouse worker stoush

Supermarket giant Woolworths will start restocking shelves after the workplace umpire backed its fight against workers blocking crucial distribution centres.

AAP

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Supermarket scrutiny turns attention to winemakers

Australian winemakers say big supermarkets are leaving them hanging as a new report flags drinkers want better transparency.

AAP

Endeavour for new CEO as Donohue departs

The owner of Dan Murphy's has started searching for a new CEO following the announced departure of its current leader who will leave behind a slowing business.

AAP

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

AAP

Higher interest rates hit on Endeavour Group's profit

Endeavour Group says sales were up in 2023/24 but its profit dropped 3.2 per cent to $512 million as it paid more to service its $1.9 billion debt.

AAP

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The global M&A market’s big-deal bravado is losing steam as rates stay high in 2024

The largest sector for M&A globally was technology, with deal volume up 37% year on year, of which North America made up some 66% of the total.

Fortune

Woolies CEO says customers struggling to make ends meet

Customer shopping patterns have shifted since the start of the year as rents rise and Australians seek savings, Woolworths chief executive Brad Banducci says.

AAP

Higher interest rates clip Endeavour Group profit

Endeavour Group's sales were up in the first half, but so were borrowing and lease costs for the Dan Murphy's and BWS bottle shop operator.

AAP

Board reshuffle signals end to hostilities at Endeavour

A protracted board feud at BWS owner Endeavour appears to be over after chairman Peter Hearl and activist shareholder Bruce Mathieson Jr stepped down.

AAP

Endeavour flags major pub investment to drive growth

Hospitality group Endeavour plans to grow hotel earnings before interest and tax by more than $150 million over the next five years.

AAP

Ex-Woolies boss renews call for Endeavour chair to quit

Endeavour Group chairman Peter Hearl has rejected a call from ex-Woolworths CEO Roger Corbett for him to step down immediately.

AAP

Boozers reach for cheap hooch as sales lag at Endeavour

Liquor retailer Endeavour Group says shoppers are switching to cheaper products at Dan Murphy's and BWS as the company struggles to keep up with competitors.

AAP

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ABC News

NT government yet to outline response following fatal stabbing at Darwin bottle shop

The NT Chief Minister is expected to meet with liquor and hospitality industry representatives today to consider options for reducing alcohol-related crime, following the fatal stabbing of a young worker at a bottle shop in Darwin.

ABC News

Man arrested after bottle shop worker stabbed to death at Darwin's Airport Tavern

Police say the 20-year-old man was assaulted with a knife about 9pm Sunday and declared dead at the scene, while another 19-year-old man has been arrested.

ABC News

Four Tasmanian jobs on the line as Josef Chromy wine bottling moves to SA

Josef Chromy wines have been bottled in their home state for years. Now a multi-million-dollar expansion plan will see it move to South Australia.

Newcastle Herald

Endeavour snaps up Margaret River Cape Mentelle brand in $20mill takeover

After 33 years in French hands the distinguished Margaret River Cape Mentelle brand has returned to Australian ownership.

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The Guardian - AU

‘Socially aware’ superannuation funds among those investing billions in gambling industry

Analysis reveals Australia’s biggest superannuation funds are investing huge volume of workers’ retirement savings in casinos and poker machines

AAP

Pub chain Endeavour expects huge Xmas

Alcohol retailer Endeavour Group says its 350 pubs and hotels are "thriving", with Australians socialising more as the pandemic recedes.

The New Daily

Favourite drink of late Queen runs off shelves

Reports of the cocktail most favoured by the Queen sparked a buying frenzy in Australia as royal fans raise a glass to the late monarch.

The Independent UK

Queen Elizabeth II’s favourite tipple sells out in stores following her death

“In less than half [a week] we sold almost double that of Christmas, clearly showing a significant uplift from what we normally sell,” said Endeavour Group’s director of buying and merchandise.

AAP

Retailer offering on-the-spot interviews

Dan Murphy's will offer on-the-spot 10 minute job interviews to anyone who walks into one of its 258 stores this week, as it looks to fill 2200 casual roles.

The New Daily

Australia’s problem gambling capital is looking for more pokies, and here’s who profits

You may suspect the last thing a socially-challenged town like Alice Springs needs is more gambling machines, but that’s just what is proposing.

ABC News

Zero alcohol drinks industry takes off as more Australians choose booze free lifestyle

From Perth's first non-alcoholic drink store to booze-free beers, businesses are cashing in on the growing movement to go sober.

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