Spotlight and Anaconda brands join ZipMoney

Company News

by Jessica Amir

The owner of Spotlight and Anaconda, Spotlight Retail Group (SRG) (ASX:SRG) has joined the Buy now pay later platform operated by ZipMoney(ASX:ZML).

SRG operates 100 Spotlight decorative superstores in Australia and 50 outdoor and adventure, Anaconda stores.

SRG says joining Zip gives its customers flexibility, convenience, and affordability with its interest free programs and that will reinforce its market leading position.

Shares in Spotlight Retail Group (ASX:SRG) are trading 0.6 per cent lower to $1.67.

Shares in ZipMoney(ASX:ZML) are trading 2.26 per cent higher to $0.68.

 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.