Changes at Radio Rentals increase focus on financial services
Thorn Group, parent company of Radio Rentals and Rentlo, has announced a number of personnel changes across its business, aimed at developing the company into a "broader based financial services organisation".
Thu 30/05/2013 12:00:00 / Read More »Furniture the standout as Radio Rentals reports strong results
Thorn Group Limited, parent company of Radio Rentals, today announced its full year results, with the group reporting an 8 per cent increase in revenues, and healthy growth thanks to the furniture category and new Apple products.
Tue 21/05/2013 12:00:00 / Read More »ANZRP signs Dell, Pioneer, NEC, Uniden and Epson amongst 16 new partners
The Australia and New Zealand Recycling Platform (ANZRP) this afternoon announced the signing of 16 new members to its organisation. We have the full list and an updated scorecard of recycling appointments.
Tue 01/05/2012 12:00:00 / Read More »Rentlo hits rental high: Thorn Group profits climb 30%
Thorn Group, the parent company of Radio Rentals and Rentlo, released its half-yearly results today, posting a 30 per cent increase in net profit after tax (NPAT), up to $14.3 million.
Tue 22/11/2011 12:00:00 / Read More »Chairman of Thorn Group to step down
The chairman of the board of Thorn Group, the company responsible for the Radio Rentals and Rentlo store chains, has announced that he will be stepping down from the position in September of this year.
Mon 01/08/2011 12:00:00 / Read More »No Thorn in the side of Radio Rentals or Rentlo thanks to 40% profit increase
Joining the sea of yearly profit announcements made by the big names in electronics and appliances this month, Thorn Group has today released its annual report to shareholders, showing a 40% increase in profits.
Thu 28/07/2011 12:00:00 / Read More »News Wrap: Retail decline/Rental high, TP-Link's new boss, Nokia E6
Radio Rentals is reporting an upswing in appliance and whitegoods rentals as consumers move away from financing purchasing, TP-Link has a new local country manager and Nokia releases the E6 smartphone.
Thu 14/07/2011 12:00:00 / Read More »Radio Rentals & Rentlo Share Incentive expected to raise $30 million
Thorn Group Limited, parent company of the Radio Rentals and Rentlo chains, has today announced a share purchasing incentive designed to raise $30 million, according to reports released to the Australian Securities Exchange.
Wed 01/06/2011 12:00:00 / Read More »Thorn Group announces 40% profit increase for Radio Rentals and Rentlo
Thorn Group, the company that operates rental giants Radio Rentals and Rentlo, has today announced a profit increase of 40%.
Tue 24/05/2011 12:00:00 / Read More »Radio Rentals and Rentlo 'tick all the boxes'
Parent company, the Thorn Group, has today said the Radio Rentals and Rentlo division is performing strongly thanks to a solid demand for flat panels, whitegoods and furniture.
Wed 04/05/2011 12:00:00 / Read More »2010 in Appliances, Digital and Retail: The Winners
For Current.com.au's last day of the year, we look back at 2010 to find out who the biggest winners were throughout the year. There are a couple of digital brands, some appliance players, one retailer and a very unpopular man.
Fri 24/12/2010 12:00:00 / Read More »Thorn Group explains why it is dumping BigBrownBox
In a forthright interview with Current.com.au, the MD of Thorn Group has explained why BigBrownBox is being exited, and what the new focus for the nascent player will be.
Mon 29/11/2010 12:00:00 / Read More »Listed retailer wrap: Every Thorn has a rose
On the back of a solid profit announcement and the news that it is offloading its BigBrownBox online retail website, Thorn Group has had the best week amongst the seven major listed retailers.
Fri 26/11/2010 12:00:00 / Read More »Thorn gives Big Brown Box the boot, but company outlook is bright
While the Radio Rentals and Rentlo business is booming, parent company the Thorn Group has announced it will exit the online venture BigBrownBox.com.au next year.
Tue 23/11/2010 12:00:00 / Read More »Listed retailer wrap: DJs wins the week
Every Friday, Current.com.au will produce an update on how the seven major listed retailers performed across the week. It's a stable week to kick things off, with DJs the best of a steady lot.
Fri 19/11/2010 12:00:00 / Read More »Guess which retailer has a surging share price
UPDATES: Harvey Norman? JB Hi-Fi? David Jones? Only one major listed retailer has improved their share price over the last 12 months. Read on to find out which it is.
Wed 17/11/2010 12:00:00 / Read More »Radio Rentals and Rentlo to open kiosk sales centres
The electrical appliance store footprint is about to get even smaller, with Radio Rentals and Rentlo to open kiosks in shopping centres to find new customers.
Tue 19/10/2010 12:00:00 / Read More »New legislation aims to reduce reckless lending by retailers
Within days of Harvey Norman announcing that it has extended its lending arrangement with GE Money, Radio Rentals' financial services company, Thorn Group, has received its licence under the National Consumer Credit Protection Act.
Thu 14/10/2010 12:00:00 / Read More »Thorn Group's success leads to massive CEO payrise
The operater of the Radio Rentals and Rentlo brands has reported a huge increase in profit for its 2010 financial year. Also doing well is its CEO, who has been rewarded with a 30 per cent increase in remuneration.
Thu 22/07/2010 12:00:00 / Read More »Surprise, Surprise: no retailing awards for Clive Peeters
Clive Peeters, which is now in receivership, with stores being sold to Harvey Norman, has lost in all three of Excellence in Retailing categories it was nominated for at the 2010 Online Retailing Awards.
Fri 09/07/2010 12:00:00 / Read More »Thorn posts big profits through increased rentals
The Thorn Group has bucked the recent retail trend and posted a $16.4 million profit for the year to 31 March 2010, a 32.8 per cent increase on the previous year.
Tue 25/05/2010 12:00:00 / Read More »Thorn Group agrees to MD contract renewal
The board of the Thorn Group yesterday announced it had reached a new employment agreement with its managing director, John Hughes.
Wed 14/04/2010 12:00:00 / Read More »Radio Rentals benefiting from record low late payments
The owning group behind the Radio Rentals and Rentlo brands has announced another strong profit result. Once again, the business model has been praised, but so have the consumers, who are paying all their bills on time.
Fri 27/11/2009 12:00:00 / Read More »
