big w – Page 8 – channelnews

Good News For Retailers As Inflation Softens, Rate Pause Expected

Nathan Jolly March 29, 2023 No Comments

Australian retailers have been granted some good news, with inflation decelerating to 6.8 per cent in February, down from January’s 7.4 per cent. This marks the second month of sharp…

Aussie Retail Sales Creep Up In February

Nathan Jolly March 28, 2023 No Comments

Australian retail turnover rose 0.2 per cent in February 2023, following a 1.8 per cent jump in January. This is according to figures released today by the Australian Bureau of…

Pandemic Savings Spent, Retail Sales Dive Tipped

Nathan Jolly March 23, 2023 No Comments

Election polling has revealed that most NSW households are stretched to the limit, with most of the savings accrued during the pandemic having been long spent. This is also reflected…

Retail Vacancy Rates Fall Across Australian CBDs

Nathan Jolly March 6, 2023 No Comments

Shoppers and retailers alike are returning to the country’s CBDs, with retail vacancy rates tightening by 14 per cent in the last half of 2022. This is according to new…

OZ Retail Sales Rebound By 1.9% In January

Nathan Jolly February 28, 2023 No Comments

Despite what Harvey Norman’s financials may suggest, Australians spent up big in January, with retail turnover rising 1.9 per cent, following a 4 per cent fall in December. This is…

Tyro Profitable For First Time Since 2015

Nathan Jolly February 28, 2023 No Comments

Payments company Tyro has reported a statutory profit for the first time in seven years, with a massive 106 per cent leap seeing the company deliver a profit of $1.1…

Big W Sales Up 15%, CEO Warns Of Cost Pressures

Nathan Jolly February 22, 2023 No Comments

Big W saw its sales jump 15.3 per cent during the last six months of 2022 as customers return to value shopping and cut discretionary spending. Sales amounted to $2.7…

EXCLUSIVE:Laser CEO Responds To Tomkins Shakes Exit

David Richards February 9, 2023 No Comments

Laser Corporation CEO Chris Lau has explained, why the hiring of musical chairs couple Alister Shakes and Michael Tomkins was a big mistake, his comments are remarkably similar to what…

Telstra, Harvey Norman, Among Australia’s Least-Trusted Brands

Nathan Jolly February 8, 2023 No Comments

Recent data breaches and major scandals have lead to Harvey Norman, Medibank, Optus, and Telstra being named among Australia’s most distrusted brands. Roy Morgan data scientists analysed nominations from more…

Consumer Confidence Highest Since June

Nathan Jolly January 31, 2023 No Comments

Consumer confidence rose despite inflation hitting a 32-year hit last year, suggesting that Aussies are used to the increased prices. Another interest rate rise is also due next Tuesday; nevertheless…