Premier Investments (ASX:PMV) to close Australian stores for four weeks

  • Home
  • Company News
  • Premier Investments (ASX:PMV) to close Australian stores for four weeks
26Mar

Premier Investments (ASX:PMV) to close Australian stores for four weeks

 

Retail group Premier Investments (ASX:PMV) is to temporarily close all retail stores in Australia from 6 pm (local time) today, 26 March 2020, until 9 am (local time) Wednesday 22 April 2020.

They support the position of the Prime Minister, the State Premiers and Chief Medical Officers that all Australians must do everything they can to stop the spread of COVID-19.

This follows similar decisions we have been forced to take in New Zealand, the United Kingdom, and Republic of Ireland. Regrettably, this means all employees in Australia are to be stood down, except for a small number of employees required to perform limited essential work.

This means our team members will not attend work and will not be paid.

Shares in Premier Investments (ASX:PMV) are trading 1.56 per cent lower at $10.11.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

06Jul

Stocks of the Hour: Talga Group, Anson Resources & Renascor Resources

06 Jul 2022 - A snapshot of the stocks on the move featuring, Talga Group (ASX:TLG), Anson Resources (ASX:ASN) & Renascor Resources (ASX:RNU).

Read More
17Mar

Estia Health (ASX:EHE) suspends FY20 guidance

17 Mar 2020 - Estia Health (ASX:EHE) has today suspended its 2020 fiscal year (FY20) guidance following heightened uncertainty surrounding the potential future impact of coronavirus (COVID-19).

Read More
01Feb

amaysim Australia (ASX:AYS) completes sale of mobile business to Optus

01 Feb 2021 - amaysim Australia (ASX:AYS) has sold its mobile business to its long-term strategic wholesale partner, Optus Mobile Pty.

Read More
07Dec

Metcash (ASX:MTS) bounces back

07 Dec 2020 - Metcash (ASX:MTS) says its group earnings have increased by 30.4 per cent to $203 million for the first half of the 2021 financial year.

Read More
26May

APN Convenience REIT (ASX:APN) spends $10.2m on Coles Express

26 May 2020 - APN Convenience REIT (ASX:APN) has acquired two Coles Express service stations, with the $10.2 million of acquisitions lifting its portfolio value to $425 million.

Read More
07Aug

BHG set to acquire Village Roadshow (ASX:VRL)

07 Aug 2020 - Village Roadshow (ASX:VRL) has finally entered into a deal with BGH Capital which will see the private equity firm acquire the theme park and cinema operator at a price of up to $2.45 per share.

Read More
27Oct

Stocks of the Hour: Weebit Nano, Koba Resources, Horseshoe Metals

27 Oct 2022 - A snapshot of the stocks on the move featuring Weebit Nano (ASX:WBT), Koba Resources (ASX:KOB) and Horseshoe Metals (ASX:HOR).

Read More
26Feb

Prime Media (ASX:PRT) profit up 126.9% on PCP

26 Feb 2021 - Prime Media’s (ASX:PRT) interim financial results for the half-year ended 31 December 2020 show total revenue edged 1 per cent higher year on year to $91.7 million.

Read More
04Mar

Neuren Pharmaceuticals (ASX:NEU) see FDA approval for treatment of Rett syndrome

04 Mar 2020 - Acadia Pharmaceuticals Inc. and Neuren Pharmaceuticals (ASX:NEU) announced today that the US Food and Drug Administration (FDA) granted Rare Pediatric Disease (RPD) designation to trofinetide for the treatment of Rett syndrome, a serious and rare neurological disorder.

Read More
08Mar

Stocks of the Hour: Magmatic Resources, Pointerra, OpenLearning

08 Mar 2024 - A snapshot of the stocks on the move, featuring Magmatic Resources (ASX:MAG), Pointerra (ASX:3DP) and OpenLearning (ASX:OLL).

Read More