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.
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The ASX-listed discount retailer, whose largest shareholder is billionaire businessman Raphael Geminder’s Kin Group, was assisted by UBS in those discussions.
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.
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.
Andre Reich joined the company in January 2020 inheriting a business that required significant turnaround measures.