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As ASX retail stocks are battered, The Reject Shop share price has been surging

As ASX retail stocks are battered, The Reject Shop share price has been surging
theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.

Byeddy sunartoClinton cahnRuslan koganReject shopGetty imagesGlobal financial crisisMorning fresh

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.

United statesClinton cahnPhil bishopRaphael geminder kin groupHarvey normanStreet talkReject shopRaphael geminderAssisting the reject shopBennelong funds managementWilson asset

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.

Phil bishopHarvey normanClinton cahnScott russellRio tintoFortescue metals groupMarket committeeCredit corpBeach energyNational australia bankCommonwealth bankMaggie beer holdingsWall streetFederal open market committeeWhitehaven coalNew hope

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.

Phil bishopAmy eshuysClinton cahnSteven fisherCallum newmanAndre reichFlight centreReject shopFinancial officer clinton cahnChief executive officer phil bishopChief financial officerChief operating officer amy eshuys

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.

New jerseyUnited statesAmy eshuysClinton cahnChristmas tree shopsReject shop

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