LuMi Dining founder says his fine diner will likely close in five years to expand his frozen yoghurt chain, while AP Bakery is opening a new venue and factory.
Suppliers had hoped the refinancing of a major loan by the private equity-owned luxury department store giant would end months of slow payments for goods.
Bridalwear designer Steven Khalil says brides are going down several sizes in between fittings due to GLP-1 use, which has forced more hurried adjustments.
American buyout firm Franchise Equity Partners has invested $90 million in the local operator of Planet Fitness to supercharge its expansion, sources said.
The largest operator of KFC restaurants in Australia reported that its same-store sales grew 4 per cent during the first eight weeks of the 2027 financial year.
The warning came as CDC announced a deal with a North American customer that it said was worth “tens of billions” of dollars over its three-decade lifespan.
Profits at the company’s Australian operations, which include home storage batteries and grid-scale energy systems, as well as cars, slumped 19 per cent.
