Retailers – Page 15 – channelnews

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Oz Retail Turnover Up 8.2% Y-o-Y In June, Despite Some COVID Restrictions

Elise Reid July 22, 2020 No Comments

Australian retail turnover rose by 8.2% year-on-year in June 2020, according to the preliminary retail trade figures released by the ABS. In seasonally adjusted terms turnover increased 2.4% from May…

How COVID Is Changing Retail Landscape For Good

Elise Reid July 22, 2020 No Comments

Market research firm McKinsey has found that the COVID-19 pandemic is rapidly changing the retail landscape, and many of these new trends are set to stay. More consumers have been…

Kogan’s Profits More Than Double, Hits 2M Active Customers

Elise Reid July 21, 2020 No Comments

Kogan.com has revealed that its gross profits grew by over 115% year-on-year (y-o-y) in the fourth quarter of FY20, while gross profits were up 95% y-o-y. The retailer’s sales have…

Commercial Property Owners Hit By Low Retail Footfall & WFH

Elise Reid July 20, 2020 No Comments

With footfall still down at the country’s shopping malls, retail property owners continue to be hit by the COVID-19 crisis as retailers struggle to pay their rent. For instance, QIC…

Consumers Turn Away From Premium Products In COVID Crisis

Elise Reid July 20, 2020 No Comments

According to a July study from market research firm BCG, consumers have reduced their spending on luxury products, jewellery, clothing, footwear, accessories, and make-up, as well as holidays, travel, and…

Kogan Nobbled Again, But It’s All Publicity For The Dodgy Online Store

David Richards July 20, 2020 No Comments

COMMENT: Online retailer Kogan has again been nobbled by the Federal Court over dodgy practices and I get the distinct impression, that the Company could not give a stuff, as…

Federal Court Finds Kogan Ran Misleading Sales Promo

Elise Reid July 17, 2020 No Comments

The Federal Court has found that Kogan.com breached the Australian Consumer Law by making false and misleading representations about a tax time sales promotion, in proceedings brought by the ACCC.…

Online Channels Account For A Record 28% Of Global Smartphone Sales

Elise Reid July 17, 2020 No Comments

Market research firm Strategy Analytics estimates that online retail channels will account for a record 28% of all smartphone sales worldwide in 2020, as the COVID-19 pandemic forces changes in…

Android Lends A Hand In Kmart

Computer Daily News July 16, 2020 No Comments

SYDNEY: Wesfarmers-owned Kmart is the first Australian retail group to deploy an Android Voice-based system that is claimed to guide store and online workers on how to best fulfil product…

Up To 50% Off Dyson, Breville & Other CE Brands At Big W

Elise Reid July 15, 2020 No Comments

Tomorrow (16th July), Big W is launching its Big Brands sale, which will see the retailer offer up to 50% of a range of consumer electronics brands, including iRobot, Dyson,…