All News

jb hi-fi half year results

JB Hi-Fi Posts Record Half Year Net Profit

Electronics retailer JB Hi-Fi doesn’t seem too phased by the fragile retail environment, posting a record 31.7 percent increase in its half-year net profit after tax, of $125 million. Online sales performed well, with a 40 percent rise over the period.

FASHION RETAIL ADMINISTRATION rhodes and beckett herringbone

Two More Fashion Victims This Week

Shockwaves have been sent through the retail world this week, with yet another two fashion companies going into administration. Herringbone and Rhodes & Beckett are the latest fashion victims.

amazon robot run supermarket

Amazon’s Robot Run Supermarkets

Seattle based Amazon is contemplating a two-storey automated grocery store where a staff of robots who operate on the upper floor, grabs and bags items for shoppers below, and requires as little as three humans.

alibaba group australia new zeland headquarters melbourne ceremony

Alibaba Opens Headquarters in Melbourne

Alibaba Group’s executive chairman Jack Ma attended an opening ceremony for a new office in Melbourne over the weekend, that will serve as headquarters for Alibaba’s operations in Australia and New Zealand.