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Cellnet On Covid-19 Life Support, 30 Days To Find Equity Partner

David Richards May 1, 2020 No Comments

Smartphone accessories distributor Cellnet Group has been placed in a trading halt with thee Company desperately looking for an injection of capital after a 60% sales slump. The Company that…

BusiSoft Boss Opens New Store After Snaring Big Hi Fi Brand From Advanced Audio

David Richards May 1, 2020 No Comments

Addicted to Audio is set to open a brand-new retail store, the news comes after parent distribution Company BusiSoft snared the rights to the Steinway Lyngdorf top end audio brand…

CE & Appliance Suppliers Impacted By Surging Dollar

David Richards April 30, 2020 No Comments

Distributors, many who were caught out by the slump in the Australian dollar to a low of US$0.53 in early March, resulting in several of them, especially in the Hi…

Target Struggles Now Big W Closes Another Store Despite CE Success

David Richards April 29, 2020 No Comments

Yesterday it was Wesfarmers targeting the discount store market claiming that sales had slowed at Target now archrival Woolworths has moved to close another poor performing Big W store s…

BREAKING NEWS: Future For Target Looks Grim Wesfarmers Openly Discussing Problems

David Richards April 28, 2020 No Comments

Wesfarmers has finally moved to openly discuss the future of Target after we exclusively revealed that the struggling business is close to being shut down or even sold. Earlier today…

Ambertech Withdraws Guidance, Appoints New Director After New $5.1M ABC Deal

David Richards April 24, 2020 No Comments

Sydney based distributor Ambertech has withdrawn its guidance for FY2020 due to the inherent uncertainty on the impact that COVID19, they have also announced a 5.1M deal with the ABC…

CE & Appliance Retailers Facing ‘Severe Supply” Problems As Stock Dries Up

David Richards April 24, 2020 No Comments

Consumer electronics retailers are facing a major shortage of stock in May according both manufacturers and suppliers with both online and instore operations set to be hit. The problem is…

Oh Dear! What Happened To The Vanishing Sharp Story At Appliance Retailer

David Richards April 17, 2020 No Comments

Oh, dear what happened to the vanishing Sharp Australia story at Appliance Retailer. One minute they are telling readers that Sharp Australia is set to stop selling microwaves, with the…

CE Retailers Shift Stock As After Easter Uncertainty Takes Hold

David Richards April 13, 2020 No Comments

Consumer electronics and appliance retailers are moving to shift millions of dollars’ worth of stock sitting in empty stores to online warehouses, one retail group has also moved to facilitate…

Distributor Dicker Data Appoints New Head Of AV & New Business Development Manager For AV

Elise Reid April 7, 2020 No Comments

Dicker Data – Australia’s largest locally owned and operated technology hardware, software and cloud distributor – has announced the appointment of two new senior executives: Andrew Upshon as the Head…