Humm Announces New Retailers In Push Against Afterpay
UPDATE: FlexiGroup shares surged off the back of the announcement, climbing 24% to close the day at $1.68. Financier FlexiGroup has announced... Read More
Ex-Myer CEO Joins Kaufland
Former Myer Chief Executive, Richard Umbers, has reportedly taken the helm at German discount department store, Kaufland, just a year after his... Read More
COMMENT:Retailers Need To Change Direction After First Round Of Collapses
2nds World and RT Edwards have called in the administrators and Radio Rentals has simply shut up shop, at the same time... Read More
INSIGHT: Myer, A Fire Sale ‘Basket Case’
If Myer were any other business, its doors would be closed by now. Despite recently posting its first profit in eight years... Read More
Big Retailers Dumps Apple Others Demand Better Margins As iPhone Sales Crash
Apple is facing a new dilemma in Australia, with retailers who have been bullied in the past regarding the returns they get... Read More
Myer Slash 50 Jobs Amid Turnaround
Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
Myer Bounce Back To $38M Half-Year Profit
Embattled department store giant, Myer, has rebounded into the black, following a $38.4 million half-year profit – up from a whopping $476... Read More
Samsung Limit Galaxy Fold Retail Presence
As smartphone competition continues to intensify, Samsung has revealed its new Galaxy Fold will accompany a ‘luxury-launch’ with limited quantities. Accompanying a... Read More
David Jones Half-Year Profit Down 39%
South African-owned David Jones has reported a notable 39% drop in half-year profit to $36 million, reflecting sluggish discretionary spending and soft... Read More
PURE Fuse Wireless Tech With Radio Smarts
Known for its portfolio of award-winning DAB digital radios, British consumer electronics company, PURE, has fused its trademark audio technology with Qi wireless functionality, allowing... Read More