The sales value of the CE market in Australia has plunged according to research group GfK. However it does claim that the next few periods will be steady. Holing up the market is flat panel TV sales which account for nearly half of all CE sales.
Consumer electronic retailer has blitzed the market by reporting that first-half profit rose 60 percent on sales of games, computers and DVDs. They are valso the the best performing retailer in Australia's benchmark index the past year.
Australian retailers are adopting a new generation of online platform technology faster than Countries like Germany, the UK and the USA according to the executives at Magento a subsidiary eBay Company.
More than 860,000 Australians who invested in Telstra's T Box service are set to find out that their entertainment box is set to get killed off in September to be replaced by a new Roku mini streaming box.
Woolworths who last year sold their Dick Smith operation to concentrate on the roll out of the Master hardware chain has finally admitted that the costs of rolling out the chain has blown out to a pre-tax loss of $157M.