Google Walloped By EU For ‘Abusive’ Practises, $2B Fine
/
March 21, 2019
//0 Comment
Google has been hit with a $2.1 Billion dollar fine by the European Union for what has been labelled ‘abusive practises’. This... Read More
Amazon House Brands Are “Overblown” & Some Categories Fail To Impress
Following our story yesterday about Amazon private label pop ups, a new report has suggested that most Amazon branded products are flops... Read More
Amazon Using House Brand Pop Ups To Undercut Branded Products
Distributors and manufacturers who are being asked to sell their products on the Amazon marketplace are facing the real possibility that Amazon... Read More
BREAKING NEWS: 60 Big W Stores Tipped To Be Closed, Walmart Buy Rumour Quashed
Woolworths is tipped to be planning to close 60 Big W stores as the discount department store struggles to compete, despite increased... Read More
EXCLUSIVE: Costco To Launch Major E-Commerce Operation In Australia
Costco is set to unleash a major e commerce operation in Australia and one big advantage is they have buying power according... Read More
Geoff Matthews Buried, But ‘Something Happened On The Way To Heaven’
Geoff Matthews the former CEO of Convoy was buried today at a funeral attended by retailers, competitors and more than 100 former... Read More
Sony Finally Admits To Smartphone Exit Senior Management Dumped
Sony Mobile management has finally admitted that they have been forced to quit the Australian smartphone market after we exclusively revealed in... Read More
Jaycar, The House Brand Tech Retailer Makes Millions Flying Under The Radar Of Their Competitors
Jaycar the masters of house brand consumer electronics who recently announced an $80M investment in a new automated warehouse and distribution centre... Read More
Kaufland Tops Up War Chest CE & Appliance Brands Set To Benefit
Distributors and European brands who already supply Aldi with consumer electronics and appliances are now lining up to supply new entrant Kaufland... Read More
REVIEW: Polk MagniFi Max As Good As Sound Bars Double The Price, It Even Has Chromecast Built In
Polk Audio is a brand that has kicked around the US market for decades, today it is a trusted name for a... Read More
COMMENT: Will Big W Be Sold Or Is Unsalable?
Will Big W be sold, or more so can it be sold? in their latest results losses eased from $10 million to... Read More
EXCLUSIVE:Oppo Slammed Over “Fictitious” Information
Australian management from Chinese smartphone maker Oppo, who appear to be seriously concerned that their smartphones are being seen as a security... Read More
Crunch Time Looming For Brands At JB Hi Fi As Margins Get Squeezed
In a few weeks’ time JB Hi Fi will move from their Chadstone headquarters to a new operational centre in South Melbourne,... Read More
Brands Working with Amazon To Expand CE & Appliance Categories
Amazon is set to expand their appliances and consumer electronics sales in Australia after they initially took “tentative” steps to evaluate the... Read More
Questions Over ‘Large’ iPhone Stock at Telstra & JB Hi Fi As Apple Shop Boss Quits
Apple Australia are not saying whether they will continue with the opening of controversial Federation Square store after its retail chief, Angela... Read More
Find The Perfect Cabinet For Your TV
Corp and Co’s range of stylish television cabinets, desks, and lighting are the perfect additions to your home, and perfectly suited to... Read More
Appeal Judge Rules Against Harvey Norman Franchisee, After Customer Run Over
A Harvey Norman Franchisee has lost an appeal in the WA District Court after a customer was run over waiting for recently... Read More
EXCLUSIVE:Confirmed, Big Retailers & Carriers Dump Sony Smartphones
Sony Mobile who in the past have refused to confirm they are getting out of the smartphone business appear to have been... Read More
EXCLUSIVE:Tempo Secures Top End Philips Soundbars To Go With New OLED TV’s
Leading Australian consumer electronics and appliance distributor Tempo, who supply leading retailers in both Europe and Australia has secured the rights to... Read More
EXCLUSIVE: TP Link On Shakey Ground At Harvey Norman As Sales Slip
A shakeup is tipped for the networking channel with Harvey Norman who has already dropped TP Link products in New Zealand, tipped... Read More
CE & Appliance Retailers Facing Tough Future Warns UBS
Investment Bank UBS has warned Australian retailers who are facing a tough reporting season that they must invest in price, range and... Read More
David Jones Sales Wobble But CE & Appliances Grow
Big department store David Jones joins a long list of retailers who saw sales wobble over the peak holiday buying period while... Read More
CES 2019: Marley & Jam Set To Grow Sound Offering In 2019
According to Michael Tapp the General Manager at Homedics the distributor of House Of Marley, Sol Republic and Jam sound gear Australia... Read More
Dodgy Telstra Warned By ACCC, $100M Fine Next Time
Telco’s and consumer electronics retailers and their suppliers are set to fall under the microscope of the Australian Competition and Consumer Commission... Read More
Amazon Moves To Dump CRaP Products
Suppliers to Amazon may have to rethink their product mix after Amazon who has been operating in Australia for just over 12... Read More
Amazon Team Up With Police Using GPS To Nobble Parcel Thieves
Thieves who are thinking of stealing Amazon parcels, may want to have second thoughts, after it was revealed big US online Company... Read More
Amazon Sack Staff After Markeplace Supplier Probe
An investigation by Amazon into the misuse of data in particular supplier information has resulted in several Amazon employees being sacked. ChannelNews... Read More
Google & Facebook Facing Regulatory Control, World First Following ACCC Probe
In a world first both Google and Facebook are facing heavy regulatory control in a move that could restrict their domination of... Read More
Serious Questions Raised Over TEAC Inter Company Loans, Will ASIC Investigate?
Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss... Read More
How Bad Can Tech PR Get? Just Ask DEC PR
How bad can tech PR get? Just Ask Dec PR. I have just been out to the launch of the pricey new... Read More
Big Brands Cut Back On Ad Spending
Several tech and household brands have reportedly slashed their social media and digital spending, following a drop in advertising dollars across every... Read More
EXCLUSIVE: Has Microsoft Paid To Keep Google Chrome Out Of Retailers?
Several PC brands have claimed that Microsoft has pressured retailers to not stock Google Chrome devices in Australia, the retailers claim that... Read More
BREAKING NEWS UPDATED: Myer Ban Media As AGM ‘Brawl Begins”
UPDATE: Myer has received a ‘second strike’ against its remuneration report after its largest investor, billionaire Solomon Lew, successfully rallied other shareholders... Read More
Switch Gaming Console ‘Bombs” As Nintendo Shares Crash 34%
When it comes to top mass market sellers this holiday period the Playstation has it while the Nintendo Switch is being seen... Read More
Are Women Set To Give Harvey Norman Stores A Miss?
If the action of Chairman Gerry Harvey are anything to go by the big retailer is a boys club that he controls... Read More
EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next
Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the... Read More
Fog Surrounds Apple As Biggest Partner Slashes Exposure & Shares Slump
The fog swirling around Apple has just thickened with a leaked document revealing that key partner Foxconn has been forced to initiate... Read More
JB Hi Fi Reduce Debt Levels As Harvey Norman Increases Theirs
As Harvey Norman moves to increase its debit levels JB Hi Fi has moved to reduce their liabilities. Over the past year,... Read More
Harvey Norman Slammed For Unregulated Lending
Harvey Norman has been slammed for for allowing ‘unregulated and unauthorised lenders” to openly operate in their overseas stores. One of these... Read More
Myer Shares Plunge, Dodgy Online Sales Revealed
Myer who last week slammed media for releasing poor secret sales numbers, has been caught out counting instore sales as online sales,... Read More
Solomon Lew Claims “Even Father Xmas Can’t Turn Myer Around”
He owns more than 10% of the shares in Myer, now Melbourne based retailer Solomon Lew claims the big department store board... Read More
Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus
Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of... Read More
JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst
Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike... Read More
BREAKING NEWS: Myer Calls Trading Halt After ChannelNews Story & ASX Intervention
Troubled retailer Myer has denied it has breached its continuous disclosure obligations but they initiated a trading halt following our story on... Read More
Former Sony CEO Takes A Swipe At Arrogant Jap Company
Carl Rose the former CEO of Sony has taken a swipe at his old employer, indicating that they were not only an... Read More
Pure, Back With New Stylish Digital Radio Offering
According to stats from Commercial Radio Australia, more Aussies are tuning into local and live radio than ever before, which some attribute... Read More
Microsoft Store “Sucks” Claims Gamers, Gaming Boss Agrees
Microsoft’s Store “sucks” according to users with Phil Spencer, Head of Gaming at Microsoft admitting to major problems with the online retail... Read More
CE Retailers Facing Threat, From Apple Amazon Deal
Australian retailers who sell Apple products are facing a real threat after Amazon cut a deal with Apple to range their PC’s... Read More
Dyson Has Major Legal Win Over Vac Sucking Power
Arch rival of LG Bosch and Electrolux and a legal combatant Dyson has won a major legal fight in Europe over the... Read More
EXCLUSIVE:Delonghi To Open Experience Centre As Profits & Revenues Rise
Delonghi Australia is set to open a new experience centre in Australia next year and while the Company will not take orders... Read More