Big CE Retailers Spending Millions Buying Up Stock Small Retailers Struggle
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September 21, 2021
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Consumer electronic and small appliance retailers in Australia are spending millions building stockpiles of inventory in anticipation of a surge in spending... Read More
Target Selling Tesla Cybertruck For Under $200
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September 14, 2021
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Mattel has partnered with Tesla to bring a new limited-edition remote-control Cybertruck toy to Australia. The Hot Wheels 1:10 RC Cybertruck includes... Read More
Kmart On The Up, Revenue Nears $10 Billion
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August 27, 2021
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Kmart Group has enjoyed a strong year, with revenue up 8.3 per cent to $9.98 billion, as parent Wesfarmers looks to grow... Read More
Wesfarmers Hits All-Time ASX High
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July 26, 2021
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Wesfarmers has been trading at an all-time high today on the ASX, reaching $62.69 just after 11am, after opening strongly at $62.11.... Read More
LIFX Not Very Smart, False Revenue Claims, As Supplier Sells Components
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July 1, 2021
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Part 2: The resignation of three directors at any Company will raise flags, but for Amazon, JB Hi Fi and Harvey Norman,... Read More
COVID Lockdowns: WA Premier Says CE Retailers Not “Essential” Businesses
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June 30, 2021
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Consumer electronics retailers like Harvey Norman may not be “essential” businesses under Western Australia’s lockdown, according to Premier Mark McGowan. In a... Read More
Target Commercial Model Reset Is Complete, Says Wesfarmers
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June 3, 2021
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Target is now a “smaller and simpler business with a significantly reduced fixed cost base,” according to Wesfarmers, who held a Strategy... Read More
Speculation, Target Up For Sale & Officeworks Moving Into Education Market
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June 3, 2021
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Wesfarmers has today briefed the market at a fund’s managers event with speculation mounting that the group is looking to sell the... Read More
Wesfarmers Chief Executive Applauds The Budget
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May 12, 2021
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Wesfarmers chief executive Rob Scott has welcomed the Federal Budget, highlighting the support for small-to-medium business investment, saying it “recognises the central... Read More
Major Oz Retailers Exposed To Security Hack
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March 16, 2021
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Security cameras used by more than 100 Australian organisations, including retailers, have been caught up in a hack that has exposed serious... Read More
