The Reject Shop: Plenty of interest from discount giant Dollarama
The ASX-listed discount retailer, whose largest shareholder is billionaire businessman Raphael Geminder’s Kin Group, was assisted by UBS in those discussions.
Source: afr.com
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ASX adds 0.3pc to nine-month high as Flight Centre takes off
Flight Centre surged 8.1 per cent as it returned to trading, and the big miners advanced as iron ore prices hovered at a seven-month high.
Source: afr.com
Reject Shop [ASX:TRS] Expects Higher 1H23 Results, CEO Resigns
Phil Bishop has left his position as the CEO of the Reject Shop, effective immediately. The group’s CFO has been called upon to stand in until a replacement is found. TRS predicts sales to rise 3.5% for 1H FY23.
Source: moneymorning.com.au
The Reject Shop CEO steps down after 2 years
Andre Reich joined the company in January 2020 inheriting a business that required significant turnaround measures.
Source: afr.com