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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Dick Smith grows but investors not too happy
Dick Smith Holdings has been hammered by the sharemarket with shares falling to a record low of $1.65, before closing down 16.5% at $1.67 yesterday. Analysts have attributed the fall to the company’s decision to stop discounting Apple products, a significant driver of sales over several years and to soft sharemarket conditions.
Rocks Aroma brews awards and winners
The winners of the Aroma Cup awards from The Aroma Festival are Fine Food Store which picked up the Industry Choice award while the People’s Choice went to Playfair Café for the third year running. By casting a vote in the People’s Choice competition, Therese Leuvert from Elizabeth Bay took home $3,000 worth of prizes, including a Breville Oracle espresso machine.
Olympus recalls camera due to shock risk
Olympus has issued its first recall on a product for its VG-170 compact digital camera because its body may emit a mild electric shock during use, when operating the zoom lever or shutter button. Due to this mild shock, consumers may experience slight numbness in their fingertips.
How JB grew sales by 4.8%
The telco and fitness categories were strong performers in FY15 for JB Hi-Fi thanks to the Apple iPhone 6 and FitBit activity trackers, according to CEO Richard Murray. The small business tax incentive was a huge contributor to sales in these categories and the overall 4.8% growth in the company’s total sales. The computer, IT and home appliance category also performed well, while online sales skyrocketed by 16.9% for JB Hi-Fi (JB).
Introducing the new Speed Oven from Smeg
Smeg is celebrating 30 years with the release of its world-leading design, the Classic.
Betta stays in the lead for customer satisfaction
Betta Electrical has shown its muscle with another win in the Furniture/Electrical Store category in the Roy Morgan Research Customer Satisfaction Awards for the third consecutive month with a 95% satisfaction rating. JB Hi-Fi, which took the lead in January and February, has slipped to second place with a 91% satisfaction rating.
Abboud will mine appliances market via digital app
While Dick Smith CEO, Nick Abboud expects the company’s new ConnectedHome concept to “take market share from everyone” it is his advanced thinking around the way consumers will use small appliances that has informed the new direction.
Leading Edge backs growth with revamped team
Healthy growth has encouraged the Leading Edge Group to restructure and expand its management team by creating a new position, national group manager. Nick Fry, who joined the retailer in 2013, has been elevated into the role. He had previously held the position of Leading Edge head of product and marketing.
Harvey ‘comes out’ in Belfast on back of market growth
On the back of revitalised growth in the Irish market, particularly in homeware and furniture, Harvey Norman has relocated its Newtownabbey site to the former Fultons’ store at Balmoral Plaza off Boucher Road in south Belfast.