Retail in the new multi-channel era
Bricks and mortar retailers can simply no longer ignore the growth of online shopping. Rather than fight it, look at the many opportunities it brings.
Bricks and mortar retailers can simply no longer ignore the growth of online shopping. Rather than fight it, look at the many opportunities it brings.
Approximately 72 percent of Australians will conduct some Christmas shopping online this year, according to an Appliances Online shopping behaviour survey.
Sydney, Melbourne and Brisbane are in the top 10 most expensive rental markets in the world, according to the latest CBRE report on global retail rentals.
Thorn Group, the parent company of Radio Rentals and Rentlo, increased its profit for the half year to September, despite soft retail conditions.
Bunnings Warehouse is leading its competitors Thrifty Link, Mitre 10 and Home Hardware when it comes to customer satisfaction, value and range of products, according to a new Canstar Blue survey.
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.
Kaeho.com.au is taking on its international competitors by allowing customers to order a range of clothes in different sizes to try on at home, before returning any items they don’t like for free.
Local business owners are feeling pessimistic about seeing revenue rises during the upcoming Christmas season, as many express doubt the economy will improve any time soon.
Rhondalynn Korolak blogs about standing out in a marketplace where imitations are plentiful.
“If you continue to compete based on price alone (or intangible claims), 99 percent of your customers will continue to assume that you are not the real deal either.”
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.