Is Service Subscriptions, The Next Big Thing For CE Retailers
As Australia comes out of lockdown and with record purchases of consumers electronic goods and appliances, the big question is whether retailers... Read More
EXCLUSIVE: Struggling LIFX Light Manufacturer Finds Money To Pay Down Debt
Struggling IOT Company Buddy Technologies the Adelaide based manufacturer of LIFX products sold at JB Hi Fi & Harvey Norman, as well... Read More
LIFX Not Very Smart, False Revenue Claims, As Supplier Sells Components
Part 2: The resignation of three directors at any Company will raise flags, but for Amazon, JB Hi Fi and Harvey Norman,... Read More
Best Buy Adopts Failed Walmart Lockdown Delivery Program As Sales Boom
With Melbourne in lockdown, retailers such as Harvey Norman and JB Hi Fi may want to take a leaf out of Best... Read More
Best Buy Cuts 5,000 Employees with More Stores to Close
Tech retail giant Best Buy has announced plans for a sizeable chop of its employee base – by 5,000 people to be... Read More
Big CE Retailer Suddenly Quits, Blames COVID-19
A key competitor to Best Buy, Fry’s Electronics has overnight decided to suddenly quit the US consumer electronics market. The announcement by... Read More
Telstra Relying On JB Hi Fi & Boost For Growth, They Don’t Own Either
Should JB Hi Fi who are currently in contract renewal talks with Telstra, offer to take over the Telstra stores establishing a... Read More
Big CE Retailer Wobbles Move To Tip Dollars Into Online & Same Day Delivery
After a stellar first quarter that saw JB Hi Fi and The Good Guys sales surge as COVID-19 demand kicked in global... Read More
No Evidence Of COVID -19 Problem At JB Hi Fi, As Best Buy Lays Off 50,000
Best Buy the biggest CE and appliance Company in the world whose sales have fallen over 5% in stores but are surging... Read More
Major CE Retail Chain Stops Paying Rent, Federal Government Not Happy
Europe’s largest consumer electronic retail chain has stopped paying rent as the Company struggles to handle the impact of the economic fallout... Read More