Retailers – Page 69 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

COMMENT: Why JB Hi Fi Is The Best Retail Group In Australia

David Richards February 12, 2018 No Comments

JB Hi Fi has demonstrated with today’s results that they are the best mass retailer in Australia. Sales are up 41% and Net profits up 21%. The result sends a…

Myer Stocks Crash After Poor Stocktake Sale Results

Athina Mallis February 9, 2018 No Comments

Myer stocks have hit an all time low at 58 cents this morning after it released its first half results announcing poor sales during its stocktake sale. Currently, on the…

Premier Investments Looking To Oust Myer Board

Athina Mallis February 7, 2018 No Comments

Solomon Lew, owner of Premier Investments is setting up an extraordinary general meeting with reports stating he is planning to oust the Myer board and replace the members with his…

EXCLUSIVE: Top Executive Quits The Good Guys

David Richards February 6, 2018 No Comments

Geoff Reader has quit The Good Guys, his LinkedIn page claims that he is “On sabbatical and looking for opportunities”. Reader who joined The Good Guys in 2011 to rise…

As Best Buy Bails On CD’s JB Hi Fi Still Delivering Good Returns

David Richards February 6, 2018 No Comments

As US retailer Best Buy looks to bail out of selling CD’s ChannelNews can reveal that the story is very different at JB Hi Fi where the local retailer still…

Amaysim Adds Google Home And Smartwatches To Its Store

Athina Mallis February 2, 2018 No Comments

Budget telco Amaysim is cementing its presence as a retail hub by adding more products to its arsenal including smartwatches, headphones, speakers and Google Home. Darren Bell, commercial director services…

Myer Wins $20M Lease Dispute

Roma Christian January 30, 2018 No Comments

Myer has won its court case against the landlords of Chadstone Shopping Centre, Vicinity Centres and John Gandel, defending allegations of lease and outstanding back payments close to $20 million. Justice…

Digital Age Here, Says IDC: Get To Know Your ‘Customer Support Bot’

Computer Daily News January 30, 2018 No Comments

By 2021, at least 60 percent of Australia’s gross domestic profit will be digitised, with growth in every industry driven by digitally enhanced offerings, operations and relationships, according to a…

JB Hi Fi Voted Best Consumer Electronics Retailer In OZ

David Richards January 26, 2018 No Comments

It’s official, JB Hi-Fi is Australia’s leading consumer electronics with a customer satisfaction rating of 90.9% according to a recent Roy Morgan Customer Satisfaction Survey, it’s the second major gong…

David Jones Value Slashed By Third, $712M Writedown

Roma Christian January 25, 2018 No Comments

Citing Australia’s tough retail climate, South African-based Woolworths Holdings has written down its investment in David Jones by a third, forcing the retailer to swallow a $712.5 million non-cash impairment…