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Online electrical retailer amends misleading warranties and returns policy

An online retailer specialising in computers, software and electronic goods has amended its warranties and returns policy after ACCC action proved it was misleading consumers. more...

[Mon 15/03/2010 09:26:57]

Consumers turn to debit cards

According to a recent research report, Australian consumers are turning away from making purchases on credit cards. A strong increase in debit card usage has made it the preferred payment method for consumers. more...

[Fri 12/03/2010 11:58:32]

Myer's expansion plans on track

According to Bernie Brookes, Myer chief executive officer, the refurbishment program for its retail stores is nearing completion. Brookes said that an expansion plan for 15 new stores is also in development. more...

[Fri 12/03/2010 10:15:42]

Myer posts 38 per cent profit increase

In its latest financial results announcement, Myer has recorded an impressive 38 per cent uplift in net profit to $115 million for the six month period ending 23 January 2010. more...

[Thu 11/03/2010 10:28:01]

Consumer sentiment holds up after rate rise

According to the Westpac-Melbourne Institute, it seems consumers have not lost confidence in the economy after a fourth interest rate rise. The Consumer Sentiment Index increased by 0.2 per cent in March. more...

[Wed 10/03/2010 10:47:10]

Jaycar feeling alive with store number 65

The incredible and seemingly unstoppable expansion of Jaycar Electronics has continued, with the retail group's 65th store opening this week in North Rockhampton. more...

[Tue 09/03/2010 02:18:04]

Dodgy electrical retailer slammed

A leading electrical retailer and its director have been slammed by the Federal Court of Australia for engaging in misleading and deceptive conduct. more...

[Thu 04/03/2010 10:12:18]

RBA raises interest rates once again

Just after it was announced that retail sales were back on track in 2010, the Reserve Bank of Australia has thrown a spanner in the works by raising interest rates by a quarter of a per cent. more...

[Wed 03/03/2010 02:17:41]

Department stores shine as retail sales improve

The Australian Bureau of Statistics has announced that retail sales throughout January were surprisingly strong, especially when compared to the disappointing fall in December. Department stores in particualr performed extremely well. more...

[Wed 03/03/2010 12:28:39]

Mobile phone and gadget retailer improves profit by 75 per cent

Vita Group, the owner of Telstra T[life], Fone Zone and Next Byte stores, has released its financial results for the six month period to 31 December 2009. Although operating revenue was down, EBITDA and net profit after tax increased substantially. more...

[Tue 02/03/2010 09:58:27]

 

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