Myer & DJ Plead For Mercy As Sales Slip
Retail kings Myer and David Jones are begging for no future interest hikes as they scavenge for 'green shoots' amid an otherwise dreary retail sector.
Retail
Harvey Norman Woes Worsen As GST Branded Impossible
Top retailers including Myer, David Jones are in for a major shock at the tills as profits continue on a downward spiral.
Retail Struggles As Online Alters Game, Warns CBA
Retail sales the biggest business casualty in April, sliding 1.4 percent with sellers facing an uphill battle.
Sales And Profits Up For JB Hi-Fi
JB Hi-Fi Limited has reported a record half yearly net profit of $76 million from $1.554 billion in sales for the six months ending 31 December 2009. The company has...
Harvey Norman To Add $500M In Revenue After Buying Clive Peeters
Harvey Norman Holdings have snapped up Clive Peeters and WA retail group Rick Hart for the basement price of $55M. The acquisition is tipped to add an additional $500M to...
Clive Peeters Looking For Cash As Sales Slump And Profits Evaporate
Shares in appliance and consumer electronics retailer, Clive Peeters, have fallen 34% today after the company reported a $4.5 million dollar loss with little hope of future profits from the...
Dick Smith Grows 9%
Sales at the Woolworths group's Australian and NZ consumer electronics stores - including the Dick Smith chain - grew 9 percent to $839 million in the six months to December...
Samsung & GPEG Invent Video Wall With No Gaps
According to reports, by using either 40 or 46-inch Samsung digital information display panels, a video wall that removes the unsightly gaps found with other LCD solutions can be constructed.
JB Hi Fi Storms Home 40% Profit Lift
Consumer electronics retailer JB Hi Fi has defied the market by reporting a bumper 40% increase in profits and a sales increase of 28%. The Company also believes that the...
Telstra Launches Interactive 3D TV
Telstra has unveiled a 3D TV initiative for the retail sector designed to engage new media savvy consumers at point-of-purchase.