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. 

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2018 All Star Bash - Who Made the Top 100?

2018 All Star Bash – Who Made the Top 100?

It’ 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 retiail 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.

JB Hi-Fi Successfully Protects Turf half year 2018 net profit

JB Hi-Fi Staves Off Amazon HY18

JB Hi-Fi has announced its half-yearly net profit rose 37% and online sales grew 40% as it successfully safeguarded its turf in an intensifying online retailing war in the electronics sector.

Bras N Things Sold to Hanes Australasia

Bras N Things Sold to Hanes

Hanes Australasia, formerly Pacific Brands, has confirmed its definitive agreement to acquire Bras N Things from private equity firm BB Retail Capital, and other associated parties. 

JD.Com Pounces on Australia new zealand headquarters launch melbourne richard liu

JD.Com Pounces on Australia

E-commerce giant JD.com, China’s largest retailer by revenue, has announced the opening of a local office in Australia as it accelerates growth in the ANZ region.