Myer Issues Profit Warning Just Weeks From Christmas
Myer has issued a profit warning to its shareholders, following further declines in sales – notably just two weeks before Christmas. The... Read More
Michael Toy Moves On From Audio Active
Home theatre and hi-fi distributor, Audio Active, has announced that its Internal Sales Co-ordinator, Michael Toy, will be leaving the organisation after... Read More
Westfield Sells Shopping Empire For $32B To French Giant
One of Australia’s most renowned families, the Lowy family, is accepting a $32.7 billion offer from French property giant, Unibail-Rodamco, for its... Read More
Christmas Spending To Drop Despite Online Retail Growth
For 2017 research shows online spending has grown by 15 per cent however, the overall revenue will drop marginally by 0.2 per... Read More
Steinhoff Caught Out In Accounting Scandal
Rival bidder to JB Hi-Fi in its acquisition of The Good Guys, Steinhoff Asia Pacific, has become embroiled in an accounting scandal, which... Read More
Harman Shakes Up Australian Audio Distribution
Samsung-owned, Harman Professional Solutions, has revealed it will be “simplifying” and “strengthening” distribution of its pro audio division in Australia, with longtime... Read More
Smartphone Users Dominate Black Friday, Mobile Shopping Soars
The Consumer Technology Association (CTA) has revealed that smartphones are now the “most used device” for Black Friday shopping, notching 41% of consumer... Read More
JB Hi-Fi Taunts Amazon With $999 Samsung Galaxy Note 8
With Amazon Australia tipped to launch its ‘Black Friday’ sale today, many Australian retailers have beat the e-commerce giant to the punch –... Read More
Amazon To Change Aussie Shopping Habits, For Good
With the ‘soft launch’ of Amazon Australia scheduled for later today, some analysts predict its entry will radically transform the local retail landscape, whilst... Read More
Electronic Sales Slide In Sept.
CANBERA – Retail sales of electrical and electronic goods fell 0.7 percent in September, according to the latest figures from the Australian... Read More