Correction

On Tuesday, BusinessDay reported that Funtastic would "turn its back" on big retailers. The article was incorrect — the correct wording is that Funtastic would "reduce its reliance" on those retailers.

The correction referred to major retailers Kmart, Big W and Target as the large retail customers Funtastic would reduce its reliance on.

BusinessDay published the original, incorrect report that used the phrase "turn its back" instead of the accurate phrase "reduce its reliance."

The correction clarifies that Funtastic intends to lessen its dependence on big retailers rather than completely abandoning them — the phrase "reduce its reliance" suggests a change in emphasis rather than a total exit.

No. The correction makes clear the company would "reduce its reliance" on those retailers; it does not say Funtastic will "turn its back" or wholly leave them.

Wording matters because terms like "turn its back" imply a complete break, while "reduce its reliance" suggests a strategic shift. Accurate language helps investors better understand the scale and nature of any change.

Investors should note corrections because they can change the meaning of reports. In this case, the correction shifts the interpretation from total abandonment to reduced reliance, which can affect how investors view Funtastic's retail strategy.

Yes. The article's correction specifically addresses Funtastic's relationship with the big retailers named — Kmart, Big W and Target — clarifying the company would "reduce its reliance" on them rather than "turn its back."