Inventory Levels At Retailers Rising As US Retailers Dump Excess Stock
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July 5, 2022
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Inventory is starting to build up at Australian retailers while Samsung has stopped manufacturing LCD TV’s due to excess stock in the... Read More
Over 40,000 Retail Job Vacancies In Australia
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July 4, 2022
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The Australian retail industry is in crisis, with over 40,000 job vacancies that are unable to be filled. This is according to... Read More
Sharp To Make English It’s Official Language
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June 27, 2022
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Japanese Company Sharp, whose appliance and TV products are distributed by Tempo in Australia is planning on making English it’s official language.... Read More
UBS Recommends ‘Sell’ For Harvey Norman Stock
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June 24, 2022
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UBS is recommending that investors sell their shares in Harvey Norman but hold onto their shares in JB Hi Fi who are... Read More
CE & Appliance Retailers Concerned About 2023
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June 23, 2022
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CE and appliance retailers are punting on business holding up in 2022, with several telling ChannelNews that their biggest concern is 2023.... Read More
Harvey, JB, Kogan Fall In Horror Trading Day
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June 17, 2022
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Harvey Norman, JB Hi-Fi and Kogan are among the many companies that have seen stocks continue to fall today, as part of... Read More
Harvey Norman Partner Cancels BNPL Takeover
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June 17, 2022
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Humm Group will no longer sell its buy now, pay later business to longstanding Harvey Norman partner Latitude, as the financial markets... Read More
CE Retailers Stocks Hit, Dollar Falls More Pain Tipped
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June 15, 2022
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JB Hi Fi, Harvey Norman, and Wesfarmers the owner of Bunnings and Officeworks all fell yesterday as billions was wiped off the... Read More
Gerry Harvey On Rate Rise: “Seen It All Before”
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June 8, 2022
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Retail billionaire Gerry Harvey admits that while “people will be spooked a little bit” by the cash rate hike, he has survived... Read More
Retailers Look To Cancel Supplier Orders As Market Changes
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June 8, 2022
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Suppliers are facing a new problem, retailers who want to cancel orders. As the Reserve Bank lifts interest rates and consumer confidence... Read More
