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Shoppers armed with $44.5billion for Christmas spend
Kitchen appliances and home electronics are heading the 2016 Christmas shopping list, according to The National Retail Association’s (NRA) chief executive Trevor Evans. He said every state and territory is expected to enjoy a lift in Christmas spending with the country’s most populous state, NSW, tipped to spend the most.
Harvey Ireland breaks out the champagne
Harvey Norman Ireland CEO, Blaine Callard has hosted about 160 of its senior staff, in a celebration of a return to profitability for the company. According to The IrishTimes, he bought out a balthazar of champagne – (around 12l) which sat in a glass case in Harvey Norman’s north Dublin head office. The sign next to it read: “Break glass in case of profit. To be opened after one quarter of consolidated net profit.”
DJs turnaround: strongest sales for eight years
Industry suppliers to David Jones can feel confident about future sell- through as South African retailer Woolworths, reversed a four-year slide in earnings at the department store. Yesterday, the company reported a 28.8% increase in operating profit to $161 million in the 11 months ended June 30.
Penny Winn steps in as Big W head suddenly departs
Big W managing director Alastair McGeorge resigned suddenly yesterday leaving head of retail services, Penny Winn to take over as managing director until a permanent appointment is made.
Retailers urged to invest in new technology to improve the customer experience in-store and online
Shoppers want retailers to invest in technology which will enhance their customer experience and connect digital and store channels according to results from Oracle’s new consumer research report.
Retail future? Etsy patents interactive online marketplace with video streaming
Online marketplace Etsy has patented a ‘method for performing interactive online shopping.’ Here’s how it could change retail…
Jawbone Marketplace begins retailing other suppliers’ products in US
The US arm of Jawbone is experimenting with a new retail strategy, directly marketing and retailing complementary products from other suppliers on the Jawbone Marketplace which launched this week.
Dick Smith adds new online storefront to omnichannel offering
By Christmas Dick Smith will have eight different online platforms where consumers can buy products from the consumer electronics retailer. The most recent to launch is Dick Smith Trade Me, a Dick Smith-branded store on New Zealand’s leading online marketplace.
Robots, 3D printing and augmented reality: Mastering the art of combining retail and technology
The Museum of Contemporary Art and Telstra have teamed up to provide a new digital experience to gallery goers. It is part of a broader trend of engaging individuals on a personal level using technology which is also emerging in the retail industry.