David Richards – Page 79

Rapid AI Adoption Could Backfire on Retailers, Forrester Warns

David Richards November 4, 2025 No Comments

Retailers, brands, and distributors rushing to implement AI in customer support and service risk alienating their own customers, according to new predictions from Forrester Research. The firm’s 2026 B2C marketing,…

Harvey Norman Extends $900 Million Share Buyback Program

David Richards November 4, 2025 No Comments

Harvey Norman Holdings Limited has extended its on-market share buyback program, announcing plans to repurchase up to 10 per cent of its issued shares in a move worth an estimated…

Sharp Expands Global Strategy with Tempo Partnership and Major R&D Investment Boost

David Richards November 3, 2025 No Comments

Sharp Corporation is ramping up its global growth strategy with a renewed focus on research and development, innovation in AI technologies, and a strengthened partnership with Sydney-based distributor Tempo, according…

Narta Members In The Middle Of Fight Betweeem Mastercard & ACCC Over Market Powers

David Richards November 2, 2025 No Comments

Mastercard has been granted permission to appeal a Federal Court ruling in Australia that compelled the payments giant to disclose internal communications related to its dealings with major retailers. Several…

JB Hi Fi Refused Soft Closure” As Eight Million Customers Make A Claim Against Retailer Over Extended Warranties

David Richards November 1, 2025 No Comments

JB Hi‑Fi has lost its attempt to secure a “soft class closure” in the Victorian Supreme Court, in a case brought by around eight million customers who claim they were…

LG Electronics Reports 9.9% Drop in OLED TV Gram Notebooks & X Boom Audio Products

David Richards October 31, 2025 No Comments

LG Electronics has reported a 9.9% year-on-year decline in its Media Entertainment Division, which encompasses the majority of the Company’s entertainment products sold in Australia, including OLED TVs, LG Gram…

JB Hi-Fi Eyes Strong Holiday Sales Despite Market Caution

David Richards October 31, 2025 No Comments

JB Hi-Fi is continuing to grow sales under new CEO Nick Wells, who expressed confidence that the consumer electronics and appliance retailer is well-positioned heading into Australia’s biggest sales period,…

Microsoft Gaming Sales Slump as Xbox Hardware Struggles Despite Billion-Dollar Investments

David Richards October 31, 2025 No Comments

Microsoft has poured billions into expanding its gaming division, but the strategy appears to be faltering as competition from Nintendo’s Switch and the growing shift toward PC gaming continue to…

Klipsch Sales Lift in Australia Amid Global Struggles for Parent Company Voxx

David Richards October 31, 2025 No Comments

Klipsch Sales Lift in Australia Amid Global Struggles for Parent Company Voxx Despite Australian distributor Westan reporting stronger local sales for Klipsch audio products over the past 12 months, concerns…

Wesfarmers Chairman Criticizes Government Amid Officeworks Management Shake-Up

David Richards October 30, 2025 No Comments

Wesfarmers Chairman Ken MacKenzie has remained silent on the recent axing of up to 20 senior managers at Officeworks, including buyers, with the company reportedly relying on planners to manage…