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Acer Stock Rockets Up 34% After Record Profit

David Richards November 17, 2017 No Comments

Days after we revealed that Acer had delivered a 13% increase in revenues and a profit lift of 20% as well as a 168% lift in gaming product sales their…

Can Harvey Norman Buy Branded Goods, Cheaper Than Amazon Some Doubt It

David Richards November 17, 2017 No Comments

Harvey Norman boss Gerry Harvey believes Amazon are mad to launch into the Australian market “just weeks before” the peak Christmas, New Year period. He has dismissed claims that Amazon…

Best Buy On The Up After Amazon Battle, iPhone X Cost Them

David Richards November 17, 2017 No Comments

A delay in the launch of the Apple iPhone X has cost US retailer Best Buy more than $80M, neither Harvey Norman or JB Hi Fi are saying how much…

ASA Wants Gerry Harvey Kicked Off Harvey Norman’s Board

Roma Christian November 15, 2017 No Comments

The Australian Shareholders Association (ASA) has called for Harvey Norman’s Executive Chairman, Gerry Harvey, to be kicked off the retailer’s board, following allegations that Mr Harvey responded with “hostility” at…

Bunnings Offloads Four Sites For Over $180M

Roma Christian November 14, 2017 No Comments

Hardware giant, Bunnings, has sold four sites across Australia and New Zealand to CBRE Global Investors, for more than $180 million via its sale and leaseback program. Facilitated by JLL,…

Current OZ Sellers Tip 15% Growth From Amazon Marketplace

Roma Christian November 13, 2017 No Comments

Aussie-based Amazon sellers who already have products on the global website, are tipping a 15% increase in business when the site goes live locally later this month. At its first…

Singles Day Rakes In $25bn Haul

Computer Daily News November 13, 2017 No Comments

SHANGHAI – Chinese e-commerce giant Alibaba says its Singles’ Day sales extravaganza hit US$25.4 billion over the weekend, smashing its own record from last year and cementing it as the world’s…

EXCLUSIVE: Amazon Tipped To Enter OZ Market With ‘0’ Margin Strategy

David Richards November 11, 2017 No Comments

On Monday giant US Company Amazon will kick off their assault on the Australian market with a summit for 500 suppliers and partners. It is understood merchants will be told…

Porsche Design Huawei Smartphone Arrives In Australia

Staff Writers November 6, 2017 No Comments

Huawei is set to release a new limited-edition Porsche Designed Mate 10 smartohone in December. Huawei collaborated with the powerhouse Porsche Design Group to launch the limited-edition model. The Chinese Company,…

Electronic Sales Slide In Sept.

Computer Daily News November 6, 2017 No Comments

CANBERA – Retail sales of electrical and electronic goods fell 0.7 percent in September, according to the latest figures from the Australian Bureau of Statistics (ABS). Overall retail turnover by…