Industry – Page 728 – channelnews

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Big Retailers Winning Online

Computer Daily News January 17, 2017 No Comments

While Kogan may be doing well, new figures from KPMG show that Australians appear to prefer buying from a traditional retailer’s online store than an online-only retailer. According to KPMG’s…

Not Guilty, Says Autonomy CFO To $11bn Fraud Claim

Computer Daily News January 17, 2017 No Comments

Autonomy Corp.’s former chief financial officer has pleaded not guilty to charges he schemed to inflate the US$11 billion price paid by Hewlett Packard to take over Autonomy in 2011.…

MS Snaps Up AI Start-Up Maluuba

Computer Daily News January 17, 2017 No Comments

Microsoft has bought Canadian start-up Maluuba, a company that focuses on natural language processing to add the push in general artificial intelligence. Microsoft said the acquisition will help with its…

Intel Launches New Retail Platform Powered By IoT and Cloud Technology

Jon Bragg January 17, 2017 No Comments

A new platform from Intel is set to simplify the process of integrating IoT and cloud-based technologies into retail businesses. Intel’s Responsive Retail Platform (RRP) will combine hardware, software, APIs…

Woolworths Finds New Managing Director

Fergus Halliday January 16, 2017 No Comments

Woolworths supermarkets are set to get their first female managing director with Claire Peters. Ms Peters said in a statement: “Successful retailers put their customers first and I look forward…

Coles and Woolworths Price Hike Paves Way For Amazon Shake Up

Jon Bragg January 16, 2017 No Comments

Supermarket prices surged in the final quarter of 2016, with fresh fruit and vegetable prices at Coles, Woolworths and IGA rising by 15%. Q4 2016 saw the biggest fresh food price hike since…

Kogan Claims 90% Stock Turnover As Earnings Surpass Expectations

Fergus Halliday January 16, 2017 No Comments

Online shopping website Kogan is cruising at $1.60 a share after releasing its second quarterly earnings report since going public back in 2016. The company ended the quarter with $26.5…

Nintendo Stock Falls As Switch Slammed Over Price

Fergus Halliday January 16, 2017 No Comments

After revealing the pricing and software lineup for their new gaming console last week, Nintendo’s stock price has been sent into a tailspin amid complaints about the pricing of the…

Aussie Retailers Remain Compelling Choice For Online Shoppers, KPMG Says

Fergus Halliday January 16, 2017 No Comments

Figures from KPMG’s 2017 Global Online Consumer Report claims more Australians made their last online purchase from a traditional retailer’s online store than on online-only retailer. The data, which suggests only…

Dick Smith Sinkhole Drags Down David Jones Sales Growth 4%

Fergus Halliday January 13, 2017 No Comments

David Jones’ South African parent company, Woolworths Holdings, has seen its sales growth slip 4% for the first half of the 2016/2017 financial year dragged down by the collapse of Dick Smith.…