Markets

Super Retail shares slide after the CEO announces his retirement

Peter Birtles, CEO of Super Retail, announced his retirement. The company is now looking for a replacement to start in the March quarter of 2019. The owner of Rebel, BCF and Super Cheap Auto says all its businesses are now operating on a new digital platform. Shares in Super Retail […]
Super Retail shares slide after the CEO announces his retirement
Markets

Shares in the owner of Rebel stores are going off

Shares in Super Retail took off after the owner of Supercheap Auto, Rebel and BCF posted a 62.1% rise in full year profit to $101.8. A short time ago, they were up 8.5% to $8.50 CEO Peter Birtles says the result reflects the benefits of transformation initiatives, including a 73% […]
Shares in the owner of Rebel stores are going off
Markets

How the company that runs Rebel Sports is planning to deal with Amazon

The Super Retail Group is throwing everything at its Rebel sports stores, incorporating its Amart shops into a single core brand with sales of almost $1 billion, as it prepares for Amazon’s hard push into Australia. Super Retail names Amazon as a key emerging competitor in an announcement on the […]
How the company that runs Rebel Sports is planning to deal with Amazon
Markets

Super Retail thinks the threat from Amazon has been overstated

The arrival of Amazon in Australia won’t be as bad for Super Retail — the operator of Rebel, Supercheap Auto and BCF stores — as some think. Peter Birtles, the CEO, today presented the Morgan Stanley 2017 Australian Emerging Companies Conference with an analysis of international peers. “The performance of […]
Super Retail thinks the threat from Amazon has been overstated
Markets

The owner of Rebel stores has been hit by the retail downturn

Shares in Super Retail fell after the auto accessory, sports and leisure retailer reported softer sales. A short time ago, the shares were down almost 6.5% to $8.95. In a quarterly update, the owner of Super Cheap Auto, Rays, Rebel and BCF stores reported softer sales in the 17 weeks […]
The owner of Rebel stores has been hit by the retail downturn
Markets

Profits slide at Rebel Sport owner Super Retail

Super Retail, the owner of Rebel, Super Cheap Auto, BCF and Rays, posted a 22.6% fall in full year profit to $62.8 million as the group restructures some divisions and prepares for expansion. Revenue was up 8.2% to $2.42 billion, reflecting a strong performance in its auto and sports divisions. […]
Profits slide at Rebel Sport owner Super Retail