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Aus Retail Sales Stall, Department Stores Slip 2.8%

Roma Christian September 7, 2017 No Comments

The ABS has released its newest retail sales figures, revealing that sales stalled in July (in seasonally adjusted terms), coming under expectations for a 0.2% increase. The result is the…

OZ CE Retailers Need To Implement Same Day Delivery Claims Best Buy Executives

David Richards September 7, 2017 No Comments

JB Hi Fi and Harvey Norman will have no option but to move to same day delivery or even sooner when Amazon launch in Australia. According to Best Buy executives…

Linfox Target Retailers, Pitches ‘Better’ Than Amazon Fulfilment

Roma Christian September 6, 2017 No Comments

As reported by ChannelNews in June, Linfox is continuing its pitch to retailers by promoting itself as an Amazon fulfiment alternative without the “downside“. Linfox has informed retailers it will provide…

eBay Australia Dismisses Threat Of Amazon

Jon Bragg September 5, 2017 No Comments

Newly appointed eBay Australia managing director Tim MacKinnon has claimed Amazon may not live up to expectations when it launches in Australia. MacKinnon, who was previously eBay Australia’s chief marketing…

Harvey Norman “Not Investible”, Poor Cashflow, Accounts Issues

Roma Christian September 1, 2017 No Comments

Following yesterday’s record earnings report and a tumbling share price from a surprising final dividend cut, Harvey Norman stocks have continued to nosedive, as analysts pour through the retailer’s financials,…

Harvey Norman & JB Hi-Fi Welcome Star Wars Toys For Sales Boost

Roma Christian September 1, 2017 No Comments

In 2015, Disney’s ‘Force Friday’ retail event landed Star Wars the achievement of the best-selling toy franchise in Australia for eighteen straight months. With the sequel, Star Wars: The Last Jedi,…

IFA 2017: Lenovo Rolls Out Star Wars Notebooks & Cutting Edge VR

David Richards September 1, 2017 No Comments

Australian David Roman the worldwide head of Marketing at Lenovo kicked off Lenovo’s big reveal at IFA 2017 in some warehouse kilometers out from the centre of Berlin, the event…

Officeworks Posts 7.5% Earnings Jump

Roma Christian August 17, 2017 No Comments

Officeworks has reported a 7.5% jump in earnings, notching $144 million (EBIT). The result is a $10 million lift from last year. Sales growth for the office supplier fell from…

Westfield’s Steven Lowy: “Retail At Inflection Point”

Roma Christian August 17, 2017 No Comments

On the back of a hugely profitable first-half earnings result ($US589 million profit), Westfield’s Co-Chief Executive Steven Lowy has acknowledged the retail industry is at an “inflection point”, currently amidst…