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Greenlit Brands, Under Steinhoff International, Reports Near $300 Million Loss

Camilla Theakstone January 30, 2020 No Comments

Furniture and bedding giant Greenlit Brands, operating under parent company Steinhoff International, has reported a loss of $288 million after a significant impairment and losses from formerly-owned failed department chain…

JB Hi-Fi Buys $44m Warehouse In Melbourne

Camilla Theakstone January 29, 2020 No Comments

Stockland, a diversified property group, has expanded its industrial property footprint after JB Hi-Fi signed a new $44m warehouse lease in Melbourne’s Truganina. JB Hi-Fi, one of Australia’s most popular…

Kaufland Staff Break Silence On Company’s Shock Exit

Camilla Theakstone January 28, 2020 No Comments

Employees of the German retailing giant Kaufland have broken their silence on its shock announcement to exit the Australian market, leaving hundreds in limbo. Last Wednesday, the retailing giant revealed…

‘Awesome Responsibility’: New Harman Division President

Elliot Nash January 28, 2020 No Comments

Brian Divine has been appointed President of the Professional Solutions division at Harman Professional, responsible for overseeing the division’s worldwide operations across all eleven brands including AKG and JBL. With…

Another Retail Victim: Jeanswest To Shut Shops, Shed Jobs

Camilla Theakstone January 24, 2020 No Comments

National fashion retailer chain Jeanswest will shut almost 40 stores across the country, increasing the retail store closure figures to over 200 in the first month of 2020. KPMG administrators…

Aussie Broadband Means Aussie Call Centre

Elliot Nash January 24, 2020 No Comments

Aussie Broadband is staying true to its name with the grand opening of a brand new Aussie call centre on the outskirts of Melbourne in partnership with employment education organisation…

200 Australian Jobs Slashed As Supermarket Woes Continue

Camilla Theakstone January 23, 2020 No Comments

German supermarket company, Kaufland, has sensationally exited the Australian market before it opened a single store – instead, opting for better investment returns in Europe. The decision to slash its…

Big W Closures: 30 Stores Across Oz Set To Shut

Camilla Theakstone January 22, 2020 No Comments

Department chain Big W has become the latest victim of Australia’s slowing retail sector, as it prepares to close 30 stores across the country. The revelation comes after embattled retailer…

New Miele ANZ Managing Director

Elliot Nash January 22, 2020 No Comments

Miele Australia and New Zealand have named a new managing director in former Canadian division president Yves Dalcourt who will be bringing a consumer-first strategy based on the company’s philosophy…

More Jobs Go At Nokia

Computer Daily News January 21, 2020 No Comments

Finnish telecoms equipment maker Nokia plans to cut around 180 jobs in Finland this year, while also planning to invest more in 5G technology and digitisation. The company which has…