Retailers – Page 26 – channelnews

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Harvey Norman, Bunnings & CE Retailers To Stay Open

David Richards March 23, 2020 No Comments

Consumer electronics, appliance and hardware retailers will be allowed to stay open with demand for goods likely to increase online as people are forced to stay at home claim analysts.…

ASX Bounces Back As Retailers Take Action

Elise Reid March 20, 2020 No Comments

The ASX 200 is up 2.63% today, as a number of Australian retailers post positive sales results and strong action plans despite, or perhaps driven by, the COVID-19 crisis. Wesfarmers,…

Coles & Woolies Enforce 2-Pack Limit On Most Items

Elise Reid March 18, 2020 No Comments

Australia’s major supermarket chains have put a two-pack limit on a wide range of grocery items as COVID-19 panic buying continues. From today, Woolworths has put a two-pack limit on…

Apple Extends Shutdown Period For Retail Stores

Elise Reid March 18, 2020 No Comments

Earlier this week Apple announced that it was closing all its retail stores outside of Greater China until the 27th of March, but it looks like this closure has been…

COVID-19: Shopping Centres Face Horror Time, Rent Relief Demands

David Richards March 18, 2020 No Comments

The COVID-19 virus has seen shopping centres deserted with owners desperate to avoid having to shut down malls as retailers look for rent relief. The introduction of tougher “social distancing”…

Big Smartphone Retailer Slashes Jobs Closes Stores

David Richards March 17, 2020 No Comments

Shares in Dixons the UK equivalent of JB Hi Fi have soared 14% after the Company announced the closing of 531 stores and the sacking of 2,900 employees. Dixons Carphone…

Coles And Woolworths Introduce Dedicated Shopping Times For The Elderly and Disabled

Elise Reid March 16, 2020 No Comments

Starting from tomorrow Woolworths will be exclusively opening their doors to the elderly and people with disabilities an hour early so these customers can avoid the mad shopping rush that…

Reject Shop Sales Skyrocket As Consumers Panic Buy

Elise Reid March 16, 2020 No Comments

In the three weeks to the 15th of March, the Reject Shop’s sales rose by a massive 15.1% year-on-year. This sharp increase was driven by consumers desperate to get their…

JB Hi Fi To Benefit From Apple Store Closures In Australia

David Richards March 15, 2020 No Comments

JB Hi Fi one of the biggest sellers of smartphones, iPads and notebooks, in Australia is set to benefit from a decision by Apple to close their Australian stores. Apple…

Aussie Dollar Plunges To $0.62 Suppliers Set To Be Hit Hard

Elise Reid March 13, 2020 No Comments

The volatile global economic conditions have caused the Australian dollar to fall even further, with the value of the AUD declining to $0.6215 earlier this morning a move tipped to…