Once again, JB Hi-Fi has defied the retail slowdown, posting a 36.5% boost in full year net profit after tax of $207.7 million, with sales growth jumping 42.3% to a record $5.6 billion.
Qantas has signed a new deal with Alibaba Group, which will give it access to the largest online network of consumers in Greater China, also targeting the younger demographic of Chinese consumers.
A 19% rise in revenue for Adidas in its second quarter earnings results was fueled by particularly strong support from e-commerce, where online sales income grew 66%. The company is muscling in nicely on Nike and Under Armour.
Woolworths has confirmed a glitch with its payments provider has caused thousands of its customers to be charged twice for purchases they made back in March this year. Earlier this month, Woolies suddenly cancelled its online customers’ orders without notice.
Research shows that it’s the returning online customer that spends nearly double of what new customers do – discover how to use your email marketing to boost customer loyalty.
Australian retail turnover rose 0.3 per cent in June 2017 in seasonally adjusted terms, according to the latest Australian Bureau of Statistics retail trade figures, following a rise of 0.6% in May 2017.
Australia’s top retailers were crowned at the Australian Retailers Association’s (ARA) 2017 eftpos Australian Retail Awards, with Officeworks taking out the coveted eftpos Australian Retailer of the Year title.
In 2017, we’re entering an era of unified commerce. Payments are becoming invisible, with important transactions taking place out of sight and out of mind, better enabling shoppers to focus on their shopping experience.
E-commerce group Catch today confirms its plans to expand offline and open its first retail outlet by the end of the year.
Voice commerce is hot technology in e-commerce, coupled with artificial intelligence, it is revolutionising the way in which consumers use the Internet and buy goods and services online – it’s making purchasing easier and more convenient.