Godfreys Profit Down 62%, CEO Pledges Turnaround In Next 3 Years
Godfreys has posted a $58.6 million half-year loss, plus a notable 62% drop in underlying profit – prompting recently appointed CEO, Jason Gowie,... Read More
BREAKING NEWS: Umbers Exits As Myer CEO, Rumours Of Sacking
Following personal attacks from disgruntled shareholders, and the release of several profit downgrades, Myer CEO Richard Umbers has stepped down – with some reports... Read More
5G Battle Looms, Retailers To Benefit As Telstra & Optus Square Off
5G is set to be a boom for consumer electronics retailers, as Telstra and Optus go head to head in a battle... Read More
Digital Age Here, Says IDC: Get To Know Your ‘Customer Support Bot’
By 2021, at least 60 percent of Australia’s gross domestic profit will be digitised, with growth in every industry driven by digitally... Read More
New Gift Card Terms A “Significant Cost” To Retailers
Retailers in NSW have six months to update their systems, to comply with new gift card expiry terms – a fact the... Read More
Prepare For These Retail Design Trends Next Year
As 2017 comes to a close, industry insiders are hoping 2018 will offer just as memorable a year for retail designs –... Read More
Steinhoff Seeks $1.8B Lifeline To Stay Afloat
Following revelations of accounting irregularities last week, Steinhoff International Holdings NV Chairman Christo Wiese is attempting to keep the struggling retailer afloat, by... Read More
Aussies Unimpressed With Amazon Launch
With the launch of US online behemoth Amazon in Australia overnight, you’d expect consumers to be overjoyed to get cheap products. With... Read More
Notebooks & PCs: How Prices Compare On Amazon Australia To Retailers
After a few false starts and predictions flying everywhere, Amazon Australia has officially launched this morning just in time for the Christmas... Read More
How Retailers Can Beat Amazon By Learning From Best Buy & Walmart
Local retailers who are nervous about Amazon Australia’s long-term impact will find reassurance in American-based Walmart and Best Buy, who are living... Read More