In the midst of a spate of horrendous results for retailers, Mark McInnes appears to be crafting and delivering an effective growth strategy for Just Group – in both it’s online presence and physical store network, as reported by Stephen Bartholomeusz. While other notable retailers are floundering in this area – Harvey Norman recently announced a dramatic downward revision in … Read More
Discounts drive online business models
Discounting has become the dominant factor in driving online business in Australia, as reported by Chris Zappone. Research by technology analysis group Telsyte has confirmed the cost crunch faced by Australian retailers struggling with the worst retail sales figures in decades. Telsyte identified five new online business models based on this trend, including: group buying schemes such as Groupon and … Read More