Clive Peeters Share Rocket 11% As Market Slides 4.7% Shares in Clive Peeters have bucked a 4.7% downturn in the ASX by rising 11.1% in late afternoon trading. However by the close they had lost all their gains to close at $0.90.
Consumer Technology A Big Winner For Woolworths Woolworths has cranked up their consumer electronic operations in an effort to capitalise on the growth being recorded by most CE retailers. In their latest report to the ASX Woolworths has recorded consumer electronic sales of over $400 million for the first quarter of FY09
HD Video Retail Displays From IDT BrightSign products are solid-state media players that support standard and high-definition video, photos, music and interactivity for in-store point-of-purchase displays, museum exhibits, digital signs and interactive kiosks.
Double Digit Growth Forecast For CE And PC Industry Economic slowdown and financial uncertainty may be sweeping the US and much of the western world but the PC and CE industry remains on course for solid growth over the next five years, according to research groups IDC and GFK.
Fuji Xerox And Iconiq Team Up For Retail Printing Fuji Xerox Printers has entered into a strategic partnership with West Australian company Iconiq, a provider of consumer messaging solutions for corporate retailers, to provide an Iconiq branded Managed Print Service (MPS) program to retailers.
Under this partnership, Iconiq will offer retailers its SignIQ in-store signage and labeling solution in conjunction with Fuji Xerox Printers PagePack MPS technology.
Interest Rate Drop Welcomed By Retailers & Vendors Following the 0.25% drop in the prime lending cash rate by the Reserve Bank of Australia (RBA), both electronics retailers and vendors are sighing a breath of fresh air.
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.
Samsung Aims For Control Of Retail Display Market Samsung says it has launched 20 new large format display monitors for business and retail needs and claims it will to double its global Large Format Display (LFD) sales to almost US$480 million this year by focusing more on the Business Display Solutions market.
Telstra Looks To US For More Business According to reports, it seems Australia is getting a bit small for our number one telco as Telstra is now looking offshore for more business opportunities through its US subsidiary Telstra Incorporated.
Consolidated Media Gets A 211% Profit Explosion Consolidated Media Holdings has quadrupled its annual net profit in 2008 and surged to achieve triple figure growth most of which came from the sale of Ticketek and Sydney’s Acer Arena.
Massive 70% Profit For JB Hi Fi JB HiFi Limited this morning reported a 43 per cent increase in sales, exceeding last years result by some 61 per cent, profits jumped 70%.
JB Hi Fi Culture A Sticking Point For Woolworths Aquisition Woolworths and JB Hi Fi management have met to discuss the possibility of the mass supermarket retailer buying JB Hi Fi. ChannelNews has been told that Woolworths has appointed an external investment team to evaluate the possibility of acquiring the consumer electronics retailers who this week is set to report their latest profit results.
All-Weather Interactive LCD Display From IDT Image Design Technology (IDT) has announced Korteks high-performance, touch enabled LCD displays, designed to meet the demands of 24/7/365 operations in a range of environments.
Surge Protector For Home Theatre A new surge protector provides sockets for up to eight appliances that can be used simultaneously, as well as dedicated sockets for cable TV, telephone and TV aerials.
Hand Cleaner Has Massive Kill Rate InstantFOAM is claimed to be the first alcohol-based foam hand sanitiser to reach the Australian market, which requires no water and has a hospital-strength formula that kills 99.999 percent of germs instantly without any sticky residue.
Apple To Open Second Sydney Store Apple is about to open a second retail store on Sydney's North Shore, just seven weeks after opening their first Australian store in Sydney's CBD. It will open this Saturday at 9am.
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.
Starbucks Down Under Runs Out Of Beans In the battle between Starbucks and the humble cappuccino, it looks like the cappuccino has won with the expected closure of all its 85 stores nationwide at the close of business today.
LG Recalls Microwave Ovens LG Electronics is voluntarily recalling microwave ovens manufactured between August 2007 to February 2008 in order to repair a fault which “may pose a risk of electric shock to the user”, according to the company.
Myer Snares 3G iPhone Deal Myer’s retail jingle may well say that ‘Myer is my store’, but as of today, Myer may well be an iPhone store as the retailer launches a loyalty program that will enable Myer One customers to pre-register for the iPhone through Vodafone.
LG Invents Toughest Monitor In The World For those looking for a display that can take a beating- and I mean a real beating, without smashing it into a thousand pieces, LG has just the thing for you.
Two New Multifunctions From Samsung Samsung has released the CLX-6210FX and CLX-6240FX multifunctions that are claimed to assure low cost per print and economical total cost of operation for businesses.
Mobile Printer For Those On The Move Canon’s PIXMA iP100 portable inkjet printer is said to provide professional documents and photos from any location. Canon has designed the printer for mobile businesspeople and busy students looking for a portable printer that will meet their needs in today’s modern environment.
Apple Fans Get Ready For Big Store Opening Apple’s first retail store in Australia will open on George Street in Sydney on Thursday, 19 June at 5:00 p.m., with the company looking to repeat the success of other Apple stores overseas.
Corporate Express Sold New Office Works Competitor An Option Corporate Express one of the biggest buyers of PC and office supply gear in Australia has been sold to U.S. office supplies company Staples with speculation now mounting that the Company is considering the setting up of a retail office supply network in Australia to take on OfficeWorks.
JB Hi Fi On A Roll CEO Speaks Out On The Economy The CEO of leading CE retailer JB Hi-Fi Richard Uechtritz ,has said that rising oil prices is the biggest danger to the Australian economy not interest rates. He claimed this after announcing that his profit for the year ending 30 June 2008 will be around $64 million, a 58% increase on the prior years NPAT of $40.4 million (previous guidance was $57 to $60 million).
Resellers Angry With Apple Over Biggest Ever Store Opening Apple resellers in the Sydney CBD and surrounding suburbs are expecting business to be sucked out of them later this month by the opening of Apple’s biggest ever store in Sydney.
Queensland- Beautiful One Day, Fraudulent The Next Things are always bigger in Queensland- houses, bananas and footy teams in particular, and so it seems is the size of eBay fraud as Queensland police say they have tracked down 23 repeat offenders responsible for about half that state's reported eBay fraud.
Pioneer Electronics To Open Three New Stores Pioneer Electronics Australia has not denied that it will open their own retail store in Australia. This week in the USA the Company announced that it plans to open three additional locations this year. The stores, like previous Pioneer stores will showcase and sell the company’s full home entertainment line, as well as several products exclusive to Pioneer’s direct sale program.
Telstra Takes On EBay Telstra subsidiary Sensis has launched a new Australian online auction site aimed squarely at eBay, amid the furore over eBay Australia's controversial new insistence that most future payments can be made only by eBay's PayPal system.
Thieves Swoop On Dockets At Aldi Store Claims Manager Aldi the supermarket chain has a security issue claims a store manager at their North Sydney store. She claims that consumers are picking up discarded checkout dockets from the floor and then entering the main area of the supermarket to steal items among their electrical goods.
Pioneer Offers Huge Price Drops To Increase Sales According to a statement from Pioneer, following strong unit sales of the HD KURO plasma screens over the past few months, Pioneer Electronics says it has completely sold out of its PDP-508XDA 50 inch HD plasma screens in Australia, with only limited unit stock of the 42 inch HD model available.
Vignette Launches Automated Transaction Tracker Vignette has launched its Case Manager, which allows organisations to automate and track important customer transactions, such as credit and mortgage applications and income tax forms, across multiple communications channels including the web, email, phone and paper.
Betta Sales Solid In Softening Market National franchisor BSR, the owner of the Betta Electrical brand, has reported that trading across the company’s network in 2008 has been solid, despite a general softening of retail conditions.
Harvey Norman Sales Wobbly Say Competitors Consumer electronics retailer Harvey Norman has seen same store sales rise only 2.4 per cent for the first four months of 2008. In the same period last year they sales had risen 7.9 per cent according to their latest financial results.
Harvey Norman Starts To Tank The results are in and electrical goods and furniture retailer Harvey Norman total sales for the four months to April 30 rose 6.4 per cent, as consumers eased back on big-ticket purchases.
Blockbuster To Get Sneek Peek At Circuit City According to the Washingtonn Post US consumer electronic retailer Circuit City will open its books to Video Ezy partner Blockbuster and billionaire Carl Icahn in a step toward a possible sale of the company.
Will Japan Put Copyright Levy On iPod Users? According to AFP, Japan is considering a copyright fee for buyers of iPods and similar portable audio players, as well as hard disc video recorders.
JB Hi Fi Up 9.2% As New Store Program Revealed CE retailer JB Hi Fi who recently re branded their Digital Home online aquisition as JB Hi Fi Digital Home has seen their shares jump as much as 9.2 percent after it said that trading in February, March and April had been solid, and that it anticipated earnings being towards the top end of its guidance.
iPod AM/FM Table Radio From Conexus The iHome iH10 iPod FM Table Radio features classic rotary knobs for precise, intuitive control; a wood speaker cabinet with tuned speaker chamber technology for richer sound; plays and charges your docked iPod when connected to an AC adaptor.
City Software Goes From Bricks To Clicks IT Retailer, City Software, will close its two stores by June 30 and reinvent itself as an online and call centre business.
Appliance Retailing Sales Start To Wobble The recently released Citi's Retail Sales Indicator showed a retail spending slowdown with 6.8 per cent growth in March, compared with the 11.1 per cent growth in February 2008.
Churn And Burn Retailers Leave Customers Fuming According to a new online satisfaction report released yesterday, more than half of the consumers surveyed have ceased buying products and services from a company due to poor customer service and a high number felt that the supplier didn’t know it had lost their business.
Now Kenwood Goes After Boston Marantz And Denon D&M Holdings the owners of the Marantz, Denon and Boston brands is up for sale and during the past few weeks their shares have rocketed by over 40% as big name Companies bid for the Japanese operation. In the latest twist Kenwood who last year cut a deal with JVC has entered the auction frenzy.
Which Is The Most Important Brand In Your Life? In a recent poll by online magazine brandchannel.com, readers were asked to identify which brands had the greatest impact on their lives, and how these brands affected their behaviour and overall view of the world.
Online Retailing Stuck In Dark Ages Says Report According to a report by consultancy, The Leading Edge, Australia is seriously lagging behind the rest of the world in the uptake of online retailing.
Good Guys & Harvey Norman Top ERA The Good Guys along with Harvey Norman have been nominated as some of the five finalists of the Best Retail Store at the Electrical Retailing Awards (ERAs), with and Radio Rentals also making the cut.
3 Rolls Out More Affordable Broadband Plans 3 has launched three new broadband plans in an effort to make mobile broadband even more appealing to more consumers than ever before, the company said.
