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ASUS Crank Up OZ Operations With New Gaming Range

David Richards May 10, 2019 No Comments

ASUS is looking to capture a “major share” of the Australian PC gaming market after claiming that they are already #1 in the Asia Pacific market for gaming machines. At…

Humm Announces New Retailers In Push Against Afterpay

Jack Gramenz May 8, 2019 No Comments

UPDATE: FlexiGroup shares surged off the back of the announcement, climbing 24% to close the day at $1.68. Financier FlexiGroup has announced a new deal with several retailers set to…

Deloitte In The Cross Hairs, As Dick Smith Case Rambles On

David Richards May 7, 2019 No Comments

Two years after one of the biggest consumer electronics retail failures in Australia, Deloitte are still trying to extract themselves from the $400M Dick Smith train wreck but they are…

Alibaba Pays $250m Over Lawsuit

Computer Daily News May 1, 2019 No Comments

Alibaba will pay US$250 million to settle a US lawsuit after the Chinese e-commerce company concealed a regulatory warning about counterfeiting before its 2014 IPO. The lawsuit accused Alibaba of…

BREAKING: Samsung Profits Tumble 57%

Jack Gramenz April 30, 2019 No Comments

Samsung has reported a 57% decline in profit, reaching its lowest level since the third quarter of 2016. The Korean manufacturer reported a net profit of 5.04 trillion won (US$4.4…

Macquarie Move To Sack Staff & Close Equities Operation

David Richards April 30, 2019 No Comments

Macquarie spin doctors have failed to reveal that the Australian Company that will today hold their annual Macquarie Equities gab fest is moving to sack staff and close down one…

EXCLUSIVE: Small CE & Appliance Distributors Facing Balance Sheet Probe

David Richards April 29, 2019 No Comments

Suppliers to appliance and consumer electronics retailers, are set to face new balance sheet analysis as questions are raised about the ability of some distributors to fund the products they…

Kogan Rockets But Advisors Bet Against The Online Retailer

David Richards April 24, 2019 No Comments

Yesterday Kogan was one of the best performers on the Australian share market now they are facing new competition from Macquarie in the mobile phone market yet despite the big…

COMMENT:Retailers Need To Change Direction After First Round Of Collapses

David Richards April 22, 2019 No Comments

2nds World and RT Edwards have called in the administrators and Radio Rentals has simply shut up shop, at the same time Myer is teetering and Big W is closing…

BREAKING NEWS: Radio Rentals SA Shuts Up Shop

David Richards April 17, 2019 No Comments

Days After 2nds World called in the administrators Radio Rentals has decided to shut up shop. The South Australian Company plans to exit its retail and online sales operations in…