How far away is a Sony car?

While the arrival of Sony’s 5.2in Xperia Z5 smartphone was no surprise to the guests at the company’s media event at IFA on Wednesday, it is the subsequent comments by Sony Corp president and chief executive Kazuo Hirai that is receiving much attention. Speaking to the Financial Times, Hirai said Sony is open to pursuing a tie-up with a traditional carmaker to capture the automotive market.

Canstar says Good Guys deserve five stars

For the fifth year in a row, The Good Guys was the only electronic retailer to receive a five-star rating for overall customer satisfaction in a recent Canstar Blue survey based on price and service, among other factors. Bing Lee followed closely behind in second place, while Harvey Norman snatched up third position, as JB Hi-Fi and Dick Smith lagged in fourth and fifth place, respectively.

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Samsung speaks up about recall

Following backlash from The Australian Competition and Consumer Commission (ACCC) last week, Samsung has released a statement in relation to its current washing machine recall, confirming that “where a consumer indicates that they are dissatisfied with the re-work of their affected unit, the company will replace or refund the customer’s unit.”

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How Myer plans to revive its mojo

Myer is investing $600 million in the New Myer strategy, which is expected to deliver improved productivity, a re-energised range, in-store experience and market-leading omni-channel capability through relevant categories, wanted brands and locally tailored offers. The department store predicts the strategy will produce sales growth greater than 3% between 2016 and 2020.

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GfK TEMAX REPORT: Premium products driving growth

The Australian Technical Consumer Goods (TCG) market recorded solid value growth of 7.9% in Q2, 2015 according to GfK TEMAX® Australia. While it was the telecommunications category which enjoyed large double-digit value growth, this was backed up by both small and major domestic appliances which sustained their strong value performance.

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Want to lift profits? Ask Kmart’s Guy Russo

Kmart, once the poor cousin of chain stores, has risen phoenix-like with improved earnings before interest and tax of 18% ($432 million) and delivered a remarkable return on capital of almost 33% for parent Wesfarmers. The company delivered these results to the ASX yesterday and said it “remains proud and happy to be a conglomerate” after its retail businesses offset weakness in its industrial operations to lift group underlying earnings 8.3% higher in the year to June 30.

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Fridge-freezer sales soar on British Bake Off show

Sales of ovens, hobs, fridge-freezers, and stand mixers used by Great British Bake Off contestants on the show have soared according to online retailer AppliancesDirect.co.uk. Customers have more than doubled sales of the Gorenje RF60309O retro fridge-freezer seen on this year’s Bake Off, which costs around £600 compared to the £1,020 Smeg featured in previous series.

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Home Show still a hit for Camberwell after 25 years

After a successful weekend at the Melbourne Home Show for the 25th year, Hans Vanderstadt from Camberwell Electrics is ready to engage with visitors who will be coming to his door to find out more about the products that were on display, or who are ready to buy, after just browsing at the Show. The retailer partnered with several brands including premium Swiss appliance market leader V-Zug, German brand Liebbher, Jura, and Daikin, among others.

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Playstation takes a spot at PAX

Sony PlayStation will have an inaugural presence at PAX Australia being held at the Melbourne Convention and Exhibition Centre from October 30 to November 1, 2015. PAX is a festival to celebrate everything about gaming culture. First held in Seattle in 2004, it has nearly doubled in size each successive year and the first international PAX was held in Melbourne in 2013, to sold out crowds.

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