David Richards – Page 797

JB Hi Fi ToPay $870M, For The Good Guys To Be Run As Seperate Operation

David Richards September 13, 2016 No Comments

JB Hi Fi today confirmed that they have acquired 100% of The Good Guys for total cash consideration of $870 million. The purchase price is below what analysts were tipping…

Samsung Chairman’s Son Gets Board Seat, New Direction For Company Tipped

David Richards September 13, 2016 No Comments

Under pressure following the recall of the Galaxy Note 7 Samsung has moved to appoint Jay Y. Lee, the son of chairman Lee Kun-hee, to the board of Samsung in…

JB Hi Fi Tipped To Make Announcement Re The Good Guys Today

David Richards September 13, 2016 No Comments

JB Hi-Fi is set to go to the equity market today in an effort to raise $350 million that will part fund the acquisition of the The Good Guys. ChannelNews…

BREAKING NEWS: Confirmed JB HI FI Has Aquired The Good Guys

David Richards September 13, 2016 No Comments

Michael Ford Chief Executive Officer of The Good Guys has confirmed that JB Hi Fi is taking over the Company. In a statement sent to The Good Guys staff and…

Retailers Charged With ‘Rebate’ Fraud As Dick Smith Case Continues

David Richards September 12, 2016 No Comments

Dick Smith directors and former senior executives now face the real possibility that they could be charged with fraud offences, if investigators of the $400 million collapse of the mass…

OZ Retailers Hit By Global Shipping Collapse

David Richards September 12, 2016 No Comments

Australian retailers of consumer electronics and appliances are set to be hit by the collapse of Hanjin Shipping. Already two of their ships sitting off the coast of Australia with…

Masters $500M Sale Starts To Hurt

David Richards September 12, 2016 No Comments

The impact of the 500 million Masters fire sale starting to be felt with tens of thousands cramming into the Woolworths owned stores in the last week. According to specialist…

New Apple AirPods Described As Looking like” Oral B Toothbrush Heads”

David Richards September 9, 2016 No Comments

Apple’s new AirPods are today being described as “dorkie” “a ridiculous design” with one writer describing them as looking like hanging “Oral B toothbrush heads”. Yesterday Phil Schiller, Apple’s SVP…

Panasonic Demostrates Why They Are Ahead When It Comes To Smart Appliances

David Richards September 8, 2016 No Comments

After teasing everyone at IFA in Berlin, with a new generation OLED TV, Japanese company Panasonic then wowed the crowds with a display of where home appliances and home living…

BREAKING NEWS: Lowe’s Goes After Masters Document Court Hearing Later Today

David Richards September 8, 2016 No Comments

Masters partner US hardware giant Lowe’s has turned hostile, with the company set to make submissions to the Federal Court today in an effort to get hold of documents relating…