Business

Collins Foods' first Taco Bell in Annerley, Brisbane.

Taco Bell to open in NSW next year

Taco Bell will return to NSW for the first time in more than a decade next year, with plans afoot for two operators of the Tex-Mex fast-food chain to open more than 110 outlets in Australia and New Zealand by 2024.

The company told investors not to accept the takeover offer.

Reject Shop bid 'opportunistic'

The $78 million takeover bid for The Reject Shop is opportunistic and undervalues the value of the discount retail chain, according to its chairman. 

Coles boss Steve Cain and Wesfarmers managing director Rob Scott  at Wesfarmers' AGM last week.

Coles faces $100m earnings drop from wages, fuel: BAML

Higher wages bill, a struggling petrol station business, and lost sales momentum could see supermarket chain Coles' earnings fall $100 million in its first year as a standalone company, according to Bank of America Merrill Lynch.

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