Google has released its Australian 2011 Brand Zeitgeist list, which shows the most searched for brands and ads in the country. Commonwealth Bank topped the list as Australia’s most searched for brand.
The Motorola Xoom tablet has had its price slashed in the lead up to Christmas, making now the ideal time for businesses to invest in the technology.
Harvey Norman’s revenue fell 3.8 percent in the three months to September 30, with its Australian, Kiwi, Slovenian and Irish franchises generating sales of $1.48 billion.
Online entrepreneur Ruslan Kogan has issued a challenge to his big bricks and mortar retail competitors, in the belief he delivers Australia’s cheapest electronics.
According to Gerry Harvey local consumers should be “as happy as pigs in sh**” and spending their cash, given low unemployment and the resources boom.
Poor performance has led Harvey Norman to decide to axe the Clive Peeters and Rick Hart brands, with seven stores to be closed and a further 16 to be converted into Harvey Norman or Joyce Mayne formats.
The reaction from Australia’s large retailers to competition from international websites should be a wake-up call for businesses to keep up with their customers online, says computer software program company Axios IT.
Harvey Norman plans to launch a China-based retail website to circumvent the Government’s GST legislation have been called a hoax, after Harvey Norman chairman Gerry Harvey announced the plan yesterday.
Kogan has grown almost 50 percent in a single quarter with Ruslan Kogan using the opportunity to take a swing at rival Gerry Harvey and his bricks and mortar retail chain Harvey Norman.
Harvey Norman has announced a profit of $290.04 million, up 15.8 percent on last year, showing there is still life in bricks and mortar retailing and dismissing suggestions from rival Ruslan Kogan that Harvey Norman’s business model is dead.
