Sales & Marketing

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.

Retailers are underestimating the power of digital influence on Australian's shopping behaviour - and the speed with which this influence is growing - according to consulting firm Deloitte.

Chinese TV Company TCL has thrown down the gauntlet to Australian TV manufacturers by launching a 50-inch 4K Ultra High Definition TV for sub $1,000 in the USA the same TV is tipped to go on sale in Australia along with a sub $4,000 65" model.

The Good Guys has appointed Credit Suisse, Goldman Sachs and UBS as joint lead managers to support its planned initial public offer and listing on the Australian Securities Exchange.

Gerry Harvey's chance of getting his foot in the door to bid for The Good Guys are "Zilch" according to insiders.

Senior management from Sharp Australia who have just returned from a trip to Japan, to discuss among several issues, the fate of the local subsidiary, are not saying whether Australian operation is going to be spared the axe following the takeover of the Sharp Corporation by Foxconn.

Clive Peeters has announced a net operating profit of $1million dollars this is 90% down on the same period in 2007/2008 financial year. It follows a 29% decline by Harvey Norman earlier in the day.