big w – Page 22 – channelnews

COMMENT: Will Big W Be Sold Or Is Unsalable?

David Richards February 20, 2019 No Comments

Will Big W be sold, or more so can it be sold? in their latest results losses eased from $10 million to $8 million, sales rose 2.7 per cent to…

Reject Shop Profit Plummets 40%

Roma Christian February 20, 2019 No Comments

Embattled discount retailer, The Reject Shop, has post a notable 40.6% drop in half-year net profit to $10.6 million – slashing its dividend by over 50% to 10 cents per…

Big W Sales Up, Profit Takes A Hit

Roma Christian February 20, 2019 No Comments

UPDATE – Shares in Woolworths Group have plummeted 4.96% after midday, following results dubbed ‘poor’ by many analysts. Woolworths owned discount department store, Big W, has continued its turnaround strategy, with…

Target To Exit TV’s As Big W Surges

David Richards January 12, 2019 No Comments

Target who has struggled in the consumer electronics and appliance market up against a surging Big W is believed to be getting out of the TV and CE business. ChannelNews…

Laser Corporation Gets Into Pets, Home Automation & A New Fitness Brand

David Richards November 28, 2018 No Comments

Sydney based distributor Laser Corporation is having another crack at the home automation market along with a new V -Fitness brand for personal fitness consumers as well as a brand…

Woolworths Eyes Christmas For Big W Turnaround

Roma Christian November 21, 2018 No Comments

Woolworths Chief Executive, Brad Banducci, asserts this Christmas is a “significant opportunity” for Big W to improve performance, despite being “early” in its turnaround journey. “We see significant opportunity to…

Sony TV’s Now Sold At Big W As Retailer Delivers More Growth Online Up 177%

David Richards November 1, 2018 No Comments

Big W Who is set to start selling Sony TV’s and more branded consumer electronic goods, has delivered comparable sales growth of 2.2% and 177% increase in online sales. The…

Target Recalls Slimline Activity Trackers Over Burn Risk

Roma Christian October 19, 2018 No Comments

Target Australia has recalled selected Slimline Activity & Sleep Trackers, after Product Safety Australia (PSA) found they present an electrical burn risk. The retailer has recalled model IR159S (Black 60398611,…

Costco Tops Discount Department Store Customer Satisfaction

Roma Christian September 10, 2018 No Comments

Latest numbers from Roy Morgan rank Costco Australia’s leading discount department store in terms of customer satisfaction, narrowly beating rivals Target and Kmart. The firm’s results claim 87.5% of Australians…

Woolworths Profit Up 12%, Big W Wobbles

Roma Christian August 20, 2018 No Comments

Woolworths has post a 12.5% lift in full year-profit, following strong supermarket growth, as Big W continues its turnaround strategy, notching continued losses despite increased sales. For the full-year, total…