36% Slump In iPhone Sales Set To Hurt Telstra & Retailers New Models Tipped To Be Discounted
Retailers and carriers who rely on the launch of a new Apple iPhone to drive last quarter sales may have to look... Read More
Online Sales Surge As PM Says Lock Down Will Not Be Lifted Any Time Soon
As traffic to retail stores fall by up to 70% retailers such as Bunnings, Officeworks, Big W and JB Hi Fi are... Read More
Harvey Norman Gets Million In Government COVID-19 Handouts
Harvey Norman has been handed a massive NZ$12.7 million in Government handouts following the outbreak of the Coronavirus. The New Zealand Government... Read More
CE Retailers Shift Stock As After Easter Uncertainty Takes Hold
Consumer electronics and appliance retailers are moving to shift millions of dollars’ worth of stock sitting in empty stores to online warehouses,... Read More
COVID-19, Sales Surge CE Retailers Close CBD Shops Some Doing Better Than Others
Australia’s share market has been a bit stronger than expected today climbing 2.2% in early trading, retailers such as JB Hi Fi,... Read More
New GFK COVID-19 Service But Don’t Bank On Accurate OZ Data
European research group GFK has established a dedicated online resource centre to try and flog COVID-19 data, the only problem is that... Read More
Has Harvey Norman Revenues Started To Slump? Their Shares Have
Has Harvey Norman revenues slumped, following the ill-fated appearance of Chairman Gerry Harvey on 60 Minutes, who after bragging about his recent... Read More
Harvey Norman Shares Thumped, Directors Salaries Cut, Dividends Revoked
As JB Hi Fi shares climbed 2.3% Thursday, Harvey Norman shares were nosediving falling 7% after management revoked the $0.12 cent dividend... Read More
Major Distributors Drop Staff Stock Financing For Some A Problem
Major distributors are laying off staff some up to 50% of their entire workforce due to the Coronavirus epidemic, this is despite... Read More
UPDATED: Retailers Face Close Down PM, QBE Tipped To Cut Insurance Risk
Despite pleas to both Federal and State Governments consumer electronics and appliance retail stores face being shut down from Monday of next... Read More