A punchy 'how to sell' business model and intimate understanding of your customer base are now just as important to retailers of CE goods as the products themselves, according to an IBM Institute for Business Value study.
Retailers have received notice that Centrex Australia - a Sydney, Pymble-based manufacturer of LCD televisions, set-top boxes, microwave ovens, refrigerators and air conditioners - has been assigned an administrator.
Plunging TV prices and the battle over HD DVD Vs Blu-ray have hurt Toshiba who has reported a 28 percent drop in its second quarter profit. Also contributing is one-time expenses for property value calculations that offset solid sales in computers and chips.
In a bid to further boost shareholder returns, Qantas will list its frequent flyer arm on the Australian Securities Exchange in a joint venture with Air Canada. How this will impact the service delivered to its 5 million plus customers is not yet clear.
Rumour has it a takeover could be on the cards. Foxtel shareholders which includes Telstra, Consolidated Media and Rupert Murdoch's News Ltd are said to be mulling over a possible deal and may be "getting closer to agreeing on a potential bid price," according to the Australian, owned by News Ltd.