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while wesfarmers HY18 profit plunged 87% e-commerce grew 22%

Wesfarmers 22% E-Commerce Growth

Wesfarmers has announced an 87% profit plunge, with its bricks and mortar focused Bunnings stores spelling disaster. The retail group says a greater focus on online will be one of its core strategies moving forward.

Myer and its Hanging Future solomon lew letter to shareholders

Myer and its Hanging Future

Myer’s falling sales and a downward spiral in foot traffic as shoppers increasingly choose to buy online sees it in a hazardous state. Shareholder Solomon Lew is now on a mission to overthrow Myer’s board, starting with chairman Gary Hounsell. 

2018 All Star Bash - Who Made the Top 100?

2018 All Star Bash – Who Made the Top 100?

It’s happened again… and yea it’s kind of a big deal. The party of the year, Power Retail’s All Star Bash kicked off this evening to recognise and celebrate the stars of online retail in Australia and New Zealand.

Power Retail All Star Bash 2018

Top 100 New Rankings 2018 Explained

Ahead of the Power Retail All Star Bash and the launch of the 2018 Top 100, Power Retail explains the comprehensive updates to the ranking methodology. We have broadened the scope of the ranking criteria to ensure that the best overall combination of size, traffic, user experience, brand and customer reviews, plus other metrics are taken into account.