Oz Black Friday Participation Tipped To Rise 22%
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November 24, 2022
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Seven out of ten Australians plan to participate in this year’s Black Friday/Cyber Monday bonanza, according to Nielsen research. If these figures... Read More
Nick Scali Forecasts 66% Profit Leap For Current Period
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November 24, 2022
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Furniture retailer Nick Scali expects net profit for the current first half of the financial year to be in the range of... Read More
New Mirvac CEO May Offload Shopping Centres
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November 24, 2022
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Mirvac’s new CEO Campbell Hanan may be looking to sell off the investment trust’s $2.6 billion retail property portfolio. Hanan was previously... Read More
Xiaomi Revenue Falls 10% As Smartphone Sales Slump
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November 24, 2022
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Xiaomi’s quarterly revenue fell by 10 per cent as the global smartphone market slumps and Chinese demand falls. Sales of the company’s... Read More
Gaming Industry Facing First Annual Decline In A Decade
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November 24, 2022
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Global consumer spending on video games is expected to fall 4.3 per cent in 2022, as a dearth of big Christmas releases... Read More
Harvey Norman Posts Lacklustre Revenue Rise Amid Inflation
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November 24, 2022
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Harvey Norman reported that its aggregated sales revenue for the period July 1 to October 31 increased 6.9 per cent, despite inflation... Read More
Kogan Profits Down 40%, Inventory Nightmare Ending
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November 24, 2022
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Kogan’s profits are down over 40 per cent, but the excess inventory that has crippled the company of late is finally beginning... Read More
Meta Stock Climbs After Zuckerberg Retirement Rumour
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November 24, 2022
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Meta shares jumped by 1.4 per cent after a false report that Mark Zuckerberg was planning to step down as CEO next... Read More
National Retail Association Names New CEO
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November 23, 2022
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The National Retail Association has named Greg Griffith its new CEO. Griffith starts early next week, coming from his current CEO role... Read More
Aussies Tipped To Spend $6.2 Billion This Black Friday
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November 23, 2022
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The ARA and Roy Morgan are predicting a $6.2 billion spend over this weekend’s four-day Black Friday to Cyber Monday bonanza –... Read More