Praise COVID-19 Gerry Harvey Is Ec-stat-ic
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September 22, 2020
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Harvey Norman is on a roll and Chairman Gerry Harvey is ecstatic claiming he has never seen trading conditions like it before... Read More
Walmart Abandons In-Store PlayStation 5 Pre-Orders
Retailer giant Walmart sold out of its PlayStation 5 pre-orders in record time, with the consoles out of stock online after only... Read More
Harvey Norman OZ Sales Up 33% *Profits Up 185%
Like JB Hi Fi Harvey Norman is experiencing a sales boom with the Company reporting a 33.8% lift in their Australian sales... Read More
Why Insiders Who Own $2.1 Billion In Harvey Norman Shares Are A Good Thing
Harvey Norman has one of the most stable senior management teams in the industry, they are major shareholders in the business and... Read More
BREAKING NEWS: Harvey Norman Delivers Record Sales & Profits
Harvey Norman has reported a 15.1% increase in sales and a 19.4% increase in profits, the big retailer also delivered a record... Read More
Has Officeworks Got The For Sale Sign Back Up?
Officeworks one of the crown jewels in Wesfarmer retail portfolio could be up for sale again, the big question is who would... Read More
Harvey Norman Gets Into Building Luxury Apartments
As retail sales in Australia wobble Harvey Norman, is looking to team up with property developers to deliver more luxury apartments as... Read More
CE & Audio Retailers Reap Benefits Of JobKeeper As Sales Surge
Retailers, many who have stayed open during the COVID-19 downturn are set to report record profits after receiving millions of dollars in... Read More
BREAKING NEWS:Harvey Norman, Bunnings, JB Hi Fi, Winnings & The Good Guys Face Weeks Of Major Store Closures
JB Hi Fi, The Good Guys and Harvey Norman as well as Winnings are facing a major shut down of their Victorian... Read More
Despite COVID-19 Lockdowns Harvey Norman To Open New Stores
Harvey Norman is using the COVID-19 epidemic to open new stores in an expansion of their International operation. The new stores are... Read More
Gerry Harvey, Last Week He Was Flogging Wagyu Beef, This Week It’s Cucumbers For School Kids
Last week he was flogging premium Wagyu beef after a Chinese ban on one of his abattoir investments went pear shaped, this... Read More
Gerry Harvey Has A Problem Flogging Products To The Chinese After Bans
Harvey Norman boss Gerry Harvey has a problem, in fact he has several problems but this one is all about beef and... Read More
Cucumbers, Dairy Farms, Now Harvey Norman Has A School Locker Problem That’s Costing Them Money
Gerry Harvey & his mates seem to be a recipe for disasters, first up it was failed dairy farms in Victoria, then... Read More
Online Sales Surge As PM Says Lock Down Will Not Be Lifted Any Time Soon
As traffic to retail stores fall by up to 70% retailers such as Bunnings, Officeworks, Big W and JB Hi Fi are... Read More
Harvey Norman Gets Million In Government COVID-19 Handouts
Harvey Norman has been handed a massive NZ$12.7 million in Government handouts following the outbreak of the Coronavirus. The New Zealand Government... Read More
CE Retailers Shift Stock As After Easter Uncertainty Takes Hold
Consumer electronics and appliance retailers are moving to shift millions of dollars’ worth of stock sitting in empty stores to online warehouses,... Read More
COVID-19, Sales Surge CE Retailers Close CBD Shops Some Doing Better Than Others
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April 9, 2020
//Comments are Off
Australia’s share market has been a bit stronger than expected today climbing 2.2% in early trading, retailers such as JB Hi Fi,... Read More
Has Harvey Norman Revenues Started To Slump? Their Shares Have
Has Harvey Norman revenues slumped, following the ill-fated appearance of Chairman Gerry Harvey on 60 Minutes, who after bragging about his recent... Read More
Harvey Norman Shares Thumped, Directors Salaries Cut, Dividends Revoked
As JB Hi Fi shares climbed 2.3% Thursday, Harvey Norman shares were nosediving falling 7% after management revoked the $0.12 cent dividend... Read More
COMMENT: Why Gerry Harvey Needs To “Piss Off” Now His Use By Date Is Out
When Gerry Harvey Chairman of Harvey Norman told the Australian Shareholders Association to “piss off” last year after they questioned his actions... Read More
BREAKING NEWS: Wesfarmers Close Kmart Stores Harvey Norman Tipped To Follow
Wesfarmers the operators of Target, Bunnings, Officeworks and Kmart has announced that the closure of 25 New Zealand K Mart stores, ChannelNews... Read More
Harvey Norman CEO Talks Up Stock Levels & Coronavirus Impact
While husband Gerry Harvey is banging on about being 70, not scared of Coronavirus, while also scouting for new opportunities, wife and... Read More
BREAKING NEWS: Bunnings, Big W, Harvey Norman Face Being Closed Down, Online Set To Be The Norm
Consumer electronic and appliance retailers in NSW and Victoria are facing the real possibility that they are going to have to trade... Read More
Harvey Norman Oz Sales Up 9%, International Takes A Pounding
With Australia’s COVID-19 panic buying extending into consumer electronics, Harvey Norman has posted strong sales – though many of its international stores... Read More
Is Harvey Norman Buying Up Coronavirus Stock After Shares Slump 14%?
As the Coronavirus worsens in Australia some retailers have taken to buying up stock at distributors while negotiating access to stock from... Read More
Harvey Norman’s Franchise Profit Sheds $21.92 Million
Harvey Norman revenues have dropped 7%, their property value by 44.5% while profits have fallen 4.1%. The poor half year result ending... Read More
CE & Appliance Disties Facing Coronavirus Problems
The cashflow of several distributors supplying the consumer electronics and appliance industry in Australia are set to be hit, with many facing... Read More
Is Gerry Harvey Set To Start Making Prison Visits?
Serious questions are being asked about Gerry Harvey and his dodgy mates in particular his relationship with a former major supplier to... Read More
BREAKING NEWS: Sudden Exit Of GM At Harvey Norman Owned Domayne
The Executive General Manager of the Harvey Norman owned Domayne has suddenly exited the Company and management are not explaining why. Paul... Read More
Jabra 75T Gold Beige Edition Now Available
Jabra has launched the Gold Beige edition of their brand new flagship true wireless headphones – Elite 75T. Available now from JB... Read More
Harvey Norman Boss Has A Cucumber Problem
First up it was cows and dairy farmers, now cucumbers have become a pain in the backside for Harvey Norman boss Gerry... Read More
Flat Pack Alfresco BBQ From Artusi
Artusi has added a brand new alfresco freestanding kitchen that can include a BBQ grill, sink space and an outdoor bar fridge,... Read More
New Mitsubishi, Fat Price Slim Fridge
Mitsubishi Electric has released a $2,248 slimline bottom mount refrigerator designed for small houses, in comparison the big new French Door fridge... Read More
Harvey Norman Offer Huge Savings For Black Friday
Harvey Norman, who kicked off Black Friday early, is offering huge savings on their latest range of tech products. This includes smartphones... Read More
“Are You A Sexual Predator” Asks Gerry Harvey As AGM Becomes A Slug Fest
A defiant Harvey Norman Chairman Gerry Harvey has come out swinging after what one share said were “tossers” who tried to take... Read More
Second Strike For Harvey Norman, Page Re-Elected
Harvey Norman has incurred a second strike against its remuneration report following a vote at the national retailers annual general meeting, alongside... Read More
Harvey Norman Sales Growth Return, If It Ain’t Broke Don’t Fix It
Harvey Norman sales have returned to growth reporting a global sales increase of 2%, with Gerry Harvey hitting back at company critics... Read More
Harvey Norman Agitators Slammed By Big Share Investor
Argo Investments Australia’s second-biggest listed investment company with more than $6bn in share investments has taken a swipe at Harvey Norman critics.... Read More
Jabra Elite 75t Wireless Buds Now In Oz
Jabra has announced the Australian launch of its next-gen true wireless earbuds, the Elite 75t, which is engineered to last longer and... Read More
Harvey Norman Board May Face Shareholder Coup
Harvey Norman is at risk of facing a second strike against its remuneration report, though the board is unlikely to be voted... Read More
BREAKING NEWS: Move To Sack Harvey Norman CEO After ‘Bizarre” Claim
A move is being made to sack the CEO of Harvey Norman a $5.2 billion dollar Company who stand accused of failing... Read More
Massive 85-Inch Hisense ULED Smart TV In Oz
Hisense is offering Australia consumers a massive 85-inch ULED Smart TV with its Full Array Backlight technology for less than $5k. Available... Read More
Tarnished Toshiba Brand Name Replaced
This week a new notebook hit the market called Dynabook, three years ago this notebook would have been branded Toshiba. Dynabook is... Read More
CE Market Growing As Analysts Praise JB Hi Fi Debt Levels
Demand for consumer electronics is still strong according to several retailers that ChannelNews have spoken to with analysts praising JB Hi Fi... Read More
Gerry Harvey & Directors Buys More Shares In Harvey Norman After Value Tanks
A Change of Director’s Interest Notice issued today has revealed a mass purchase of shares by Harvey Norman’s board of directors, with... Read More
Harvey Norman Capital Raising Goes Pear Shaped As JB Hi Fi Soar
The $173 Million capital raising by Harvey Norman that was set to be used to pay down its debts and shore up... Read More
Harvey Norman Snares Exclusive Access To Connect SmartHome Range
Australian consumer electronics brand LASER has launched its new brand CONNECT SmartHome, which consists of an extensive range of connected smart home... Read More
Harvey Norman Moves To Mitigate Controversy Over Directors Pay Packets
Harvey Norman Annual General Meetings are often controversial with 50.6% of shareholders at the last one voting against the Companies remuneration report,... Read More
Harvey Norman Franchisees Struggle Despite Capital Investments
Harvey Norman franchisees who despite significant capital investment are still struggling following a $34.14 fall in profits, what is not known is... Read More
Hisense To Release 100″ Laser TV For A$20,000
Following its unveiling at CES 2019, Hisense’s 100-inch laser 4K TV with an innovative dual laser projector and all in one speaker... Read More
