Sports Watch Maker Suunto Expands Into Harvey Norman
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December 15, 2020
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Suunto, the manufacturer of sports watches and diving technology, has announced it will expand the availability of its flagship smartwatch into Australian... Read More
Harvey Norman Scores Kids’ Smartwatches In Time For Christmas
Harvey Norman has nabbed the Spacetalk watch, a combination smartwatch and phone designed for primary school-aged children, in time for the Christmas... Read More
Harvey Norman & Kogan Shares Surge After AGMs
Harvey Norman shares have surged by 5.2% after the department store giant reported its stellar results in yesterday’s Annual General Meeting. On... Read More
‘I’ll Live To 100’: Gerry Harvey, 81, Won’t Step Down From Harvey Norman Any Time Soon
Harvey Norman boss Gerry Harvey, who is worth an estimated $1.8 billion, told shareholders at the company’s Annual General Meeting he has... Read More
Gerry Harvey Wins Thumping Re-Election As Harvey Norman Profits Soar
Gerry Harvey has been overwhelmingly re-elected as executive chairman of Harvey Norman, which posted a massive 160 per cent jump in pre-tax... Read More
Harvey Norman CEO Warns RBA Jumped The Gun With Historic Rate Cuts
Harvey Norman CEO Gerry Harvey has labelled the Reserve Bank Of Australia’s rate cuts as “overkill” and says the lender should have... Read More
‘Optus Business Hub’ Opens At Harvey Norman: Sydney, Gold Coast Next
Optus partnered with Harvey Norman to open a series of ‘Optus Business Hubs’ across key retail sites, as the companies join forces... Read More
Aussie Supply Chains Slip, As Retail Business Soars
SYDNEY: Retailers including Harvey Norman, JB Hi-Fi and Kogan may have recorded bumper sales and profits during the coronavirus lockdown, but they’re... Read More
Harvey Norman To Open 12 New Stores After Record Growth
Harvey Norman is opening 12 new stores but despite their record growth in Australia the bulk of their new stores will be... Read More
Banned Huawi Splashing The Cash With Retailers While Also Competing Against Them
After a massive failure in the Australian smartphone market Huawei is now trying to flog notebooks at JB Hi Fi and is... Read More
Praise COVID-19 Gerry Harvey Is Ec-stat-ic
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
