ALDI Unveil Smart Video Doorbell For $100
German supermarket giant, ALDI, has further expanded into hardware and home security, with the unveiling of a smart video doorbell ($99.99), 8... Read More
JB Hi-Fi Post Record Half-Year Sales, Profit Up 5.5%
Despite a slump in Australian retail turnover, JB Hi-Fi Limited has post a 5.5% lift in half-year net profit after tax to... Read More
Kaufland Aussie Expansion Met With Angst
The expansion of ALDI rival and fellow German supermarket, Kaufland, has reportedly caused angst amongst some investors and local retailers, after the Queensland Investment... Read More
AUD Dives After Business Confidence Slump
Australian business conditions have suffered their steepest monthly decline since the global financial crisis, slumping 82% from +11 in November to +2... Read More
Oz Unemployment Lowest Since 2011
Latest ABS numbers reveal Australia’s unemployment rate slipped to over a seven year low in December, notching 5% versus 5.1% economists’ expected.... Read More
Over 50% Of Aussies Expect Free Online Returns
As e-commerce revenues continue to soar, latest research reveals 53% of Australians are not willing to pay for returns, with only 13%... Read More
November Retail Sales Beat Forecast
November retail sales have beat analyst expectations, notching 0.4% growth versus 0.3% forecast. The Australian dollar has since spiked over 0.2% to... Read More
Harvey Norman Oz Franchisee Q1 Sales Slump
Disclosed to the ASX ahead of today’s AGM, Harvey Norman has reported a 1.3% year-on-year drop in aggregated sales for Aussie franchisees.... Read More
IKEA Cuts 7,500 Jobs In Biggest Restructure
Swedish furniture giant, IKEA, has issued its biggest re-structure yet, slashing around 7,500 jobs globally, primarily across office and administration. Announced on... Read More
Microsoft Selling Amazon Devices In US Stores
Microsoft has intensified its relationship with Amazon, following reports it’s begun selling Echo devices in United States stores. Earlier this year, Microsoft... Read More