Distribution – Page 9

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Rise In NBN Means ‘Better Experience’ & Choice For Customers: ACCC

Camilla Theakstone February 20, 2020 No Comments

The NBN has had a growth in bandwidth and is now providing over 6.6 million wholesale residential services across Australia after over 400,000 new services were added during the three…

Target A Basket Case As Officeworks, KMart & Bunnings Deliver Growth

David Richards February 19, 2020 No Comments

Target is still struggling while Bunnings, Officeworks and Kmart delivering growth for Wesfarmers. Earlier today the big retail group who sold out of Coles for $1.01 Billion reported that revenue…

Cellnet Struggles Despite Aquisitions, Profits Down 65%

David Richards February 19, 2020 No Comments

Brisbane based distributor Cellnet is still struggling to grow their business despite acquisitions last year in the gaming and power board markets. The Company reported revenues of $57.76M for the…

Kogan Admits Coronavirus Imput Will Hurt Business

Camilla Theakstone February 18, 2020 No Comments

Shares in Kogan has slumped after CEO Ruslan Kogan indicated that his company which relies on house brand imports from China will be impacted by the coronavirus. Kogan also warned…

How The Coronavirus Is Disrupting Facebook’s Global Business

Camilla Theakstone February 17, 2020 No Comments

Misinformation and fake news about the novel coronavirus outbreak are proliferating on Facebook, prompting the global digital giant to talk to the World Health Organisation (WHO) about how to tackle…

CE & Appliance Disties Facing Coronavirus Problems

David Richards February 17, 2020 No Comments

The cashflow of several distributors supplying the consumer electronics and appliance industry in Australia are set to be hit, with many facing a struggle to get access to new stock…

ACCC Concerned Over Bunnings & Adelaide Tools Acquisition

Camilla Theakstone February 14, 2020 No Comments

The ACCC has today raised concerns over the stifling of competition if Bunnings successfully acquires Adelaide Tools and Oaklands Mower Centre. The commission argues that Bunning already dominates in the…

UPDATE: ACCC Responds To TPG-Vodafone Merger After Court Ruling

Camilla Theakstone February 14, 2020 No Comments

A $15 billion merger between Australia’s third and fourth largest telecommunications companies, Vodafone and TPG, will move ahead after the telcos beat the competition watchdog in federal court yesterday. The…

BREAKING NEWS: TPG and Vodafone To Merge, Loss To ACCC

Camilla Theakstone February 13, 2020 No Comments

In what is set to be a transformation deal, TPG and Vodafone are now able to merge – a move that is set to change the telco landscape in Australia.…

Shopify Sales Jump After Revealing 50% Revenue Boost

Camilla Theakstone February 13, 2020 No Comments

E-commerce platform, Shopify, has reported its fourth-quarter revenue that exceeded analysts’ estimates and provided a strong sales forecast for the year ahead. Sales grew by 47 per cent to US…