Retailers – Page 49 – channelnews

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Facebook & Instagram To Take On Retailers With Army Of ‘Fluff & Puff” Influencers

David Richards May 6, 2019 No Comments

First up it was Amazon who moved into the Australian retail market now Facebook and Instragram want to have a crack at driving direct sales using an army of fluff…

New Costco Online To Sell CE, Appliances & Electric Bikes

David Richards May 6, 2019 No Comments

Costco is set to expand their range of consumer electronics appliances via a new online store that will also sell the new Cygnett electric bike that up until now has…

UPDATED: Smeg Profits Fall As The Company Looks To Rebrand

David Richards May 3, 2019 No Comments

Smeg Australia is set to undergo a major rebranding as they look to grow profits that slumped during the last reported financial year. While revenues grew $9M to $158.8 million…

Alibaba Pays $250m Over Lawsuit

Computer Daily News May 1, 2019 No Comments

Alibaba will pay US$250 million to settle a US lawsuit after the Chinese e-commerce company concealed a regulatory warning about counterfeiting before its 2014 IPO. The lawsuit accused Alibaba of…

BREAKING NEWS: JB Hi Fi Sales Slow, Underperforming Brands Face Being Dropped

David Richards April 30, 2019 No Comments

JB Hi Fi has given the first indication that sales of consumer electronics are softening in a presentation at today’s Macquarie Equities Conference. CEO Richard Murray said that JB Hi…

Macquarie Move To Sack Staff & Close Equities Operation

David Richards April 30, 2019 No Comments

Macquarie spin doctors have failed to reveal that the Australian Company that will today hold their annual Macquarie Equities gab fest is moving to sack staff and close down one…

EXCLUSIVE: Small CE & Appliance Distributors Facing Balance Sheet Probe

David Richards April 29, 2019 No Comments

Suppliers to appliance and consumer electronics retailers, are set to face new balance sheet analysis as questions are raised about the ability of some distributors to fund the products they…

Samsung Brings In A Firefighter After Galaxy Fold Debacle

David Richards April 26, 2019 No Comments

When your shiny new tablet smartphones reputation is going up in flames what else better to do than start flogging a device that puts out fires. Thats exactly what Samsung…

COMMENT:Retailers Need To Change Direction After First Round Of Collapses

David Richards April 22, 2019 No Comments

2nds World and RT Edwards have called in the administrators and Radio Rentals has simply shut up shop, at the same time Myer is teetering and Big W is closing…

BREAKING NEWS: Radio Rentals SA Shuts Up Shop

David Richards April 17, 2019 No Comments

Days After 2nds World called in the administrators Radio Rentals has decided to shut up shop. The South Australian Company plans to exit its retail and online sales operations in…