All Eyes On JB Hi Fi As David Jones Value Slashed By $437M
As we tipped back in May department store retailer David Jones has slashed the value of their business by $437M with the... Read More
Zip Shares Up 4% After Big W Deal
Buy-now-pay-later platform, Zip Co Limited, has signed up discount department store, Big W, just a few months after on-boarding rival retailer Kmart... Read More
Panasonic Q1 Profit Down 43% YoY
Japanese electronics manufacturer, Panasonic, has post a whopping 43.6% drop in operating profit for the April to June quarter, blaming strained US... Read More
Samsung Q2 Profit Tumbles 56% YoY
Samsung Electronics has fared a significant a 55.6% year-on-year drop in Q2 operating profit, citing falling memory chip prices. It’s the second... Read More
Zip Takes On Afterpay With $400M NAB Investment Raise
Zip Co has asked National Australia Bank to start seeking investors, for the creation of a master trust for the buy-now-pay-later platform.... Read More
Tax Refunds Lift Oz Consumer Confidence
Australian consumer confidence lift over the weekend, coinciding with a surge in cashed up customers from tax time refunds. The ANZ-Roy Morgan... Read More
Kogan Shares Up After 16% Customer Growth
Local e-commerce behemoth, Kogan.com, has reported 2HFY19 gross profit growth of 12% YoY, with EDITDA growth over 25%, and a 2% dip... Read More
Bunnings Israel Tour To Boost Tech Smarts
Bunnings MD, Michael Schneider, is reportedly embarking on a tech-centric tour of Israel, introducing executives to several VC and tech firms as... Read More
‘Foxtel Media’ Rumoured New MCN
Pay-TV provider, Foxtel, is reportedly exploring a re-brand of its its advertising sales business, MCN (Multi Channel Network), with shortlisted names including... Read More
David Jones Slash 120 Jobs
Premium department store, David Jones, has reportedly axed 120 jobs from its head office and store network, further cutting costs amid tough... Read More