David Richards – Page 239

Is Mark McInnes Set To Deliver A Dream Team Deal For Myer

David Richards August 9, 2023 No Comments

Is Mark McInnes the former CEO of David Jones and Premier Investments retail operations, set to take the top job at Myer? Solomon Lew now owns 26% of the big…

Myer Shares Crash Despite Profit & Revenue Rise As Sales Come To A Standstill

David Richards August 8, 2023 No Comments

Despite Consumer confidence declined by 3.4 percentage points department store Myer has seen a remarkable increase revenue with the business now upgrading its profit forecast. In a note to the…

Premium 98″ Samsung TV Now Comes With TCL Panel

David Richards August 8, 2023 No Comments

First up it was LG Electronics OLED panels now Samsung has turned to the world’s largest TV manufacturing Company TCL for their new 98″ flagship 8K ‘Neo QLED’ LCD TV.…

Consumers Now Hanging Onto Smartphones For ‘4 Years’ Claims Vodafone

David Richards August 8, 2023 No Comments

According to a Vodafone survey consumer are holding onto phones longer and they mean…. much longer. Instead of a new device every two years on average, consumers are now holding…

Feds Set To Go After Amazon As FTC Chair Looks For Another Big Tech Scalp After Recent Loss

David Richards August 8, 2023 No Comments

Fresh from a major loss, US Federal Trade Commission chair Lina Khan, who was recently overruled by the US Federal Court in the proposed Microsoft acquisition of Activision Blizzard, is…

Sony Profits Fall 18% Despite Success In Audio & CI Market

David Richards August 8, 2023 No Comments

Sony is expected to post a slump in profits as they struggle to grow their consumer TV business. The Japanese Company is set to report an 18% drop in net…

Shock Result Tipped By Harvey Norman As ASP Becomes A Big Issue

David Richards August 7, 2023 No Comments

The ASP, (average selling price) is falling at retailers, with the next few weeks reporting season, set to reveal which retailers have the management teams in place to manage what…

Barbie Hits $1.5B At Box Office & Retailers Love It

David Richards August 7, 2023 No Comments

Barbie the movie has grossed over $1.5 Billion at the box office with analysts now tipping a host of new accessories from the owner of the brand Mattel, which local…

Radio Is Booming Despite Some Retailers Turning Off

David Richards August 7, 2023 No Comments

Radio is alive and well and growing despite some retailers pushing radio sales down the pecking order especially when it comes to shelf space. A new Deloitte Access Economics reveals…

OZ Retailers Under Threat, Even Amazon Is Concerned

David Richards August 7, 2023 No Comments

Australian retailers are facing a major new problem that already has Amazon worried, as consumers look for value due to financial pressure and rising prices. Temu is a Chinese online…