News in Brief

dennisUncategorized

In a busy day for retail news, here are some of the stories making the headlines: Metcash slashes 478 jobs: http://finance.ninemsn.com.au/newsbusiness/aap/8445783/grocery-business-metcash-to-cut-478-jobs Federal Court finds Google guilty of deception: http://www.insideretailing.com.au/IR/IRnews/Google-guilty-of-deception-4603.aspx Zimmermann takes New York, opens latest retail outpost in SoHo: http://grazia.ninemsn.com.au/blog.aspx?blogentryid=998114&showcomments=true Dollar slightly higher: http://www.insideretailing.com.au/IR/IRNews/Dollar-slightly-higher-4595.aspx RBA leaves interest rates steady: http://www.theage.com.au/business/rba-leaves-interest-rates-steady-20120403-1wa4n.html Opposition says no to Boxing Day changes: http://www.retailbiz.com.au/2012/04/03/article/Opposition-says-no-to-Boxing-Day-changes/EQCRHOITVR Melbourne shoe … Read More

Just sews up an online strategy

dennisUncategorized

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

dennisUncategorized

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

Featured Article: Analysis of CBA Online Shopping Report 2011

dennisUncategorized

Miranda Kerr at David Jones yesterday. Photo: Danielle Smith Shoppers opt for clicks over bricks The following article is highlighted as it gives a very clear indication of the state of Australian Online Retail, as of mid 2011, drawn from the Commonwealth Bank’s analysis of it’s internal credit and debit card data. It shows that nearly half of the money … Read More

The Orabrush story: How a Utah man used YouTube to build a multi-million dollar business

dennisUncategorized

We often hear platitudes about the value of new media tools like Social Media – Facebook, Twitter etc, and other online community applications in building our businesses, but concrete, verifiable case studies aren’t that easy to actually come by. Especially with lessons we can actually relate back to ourselves. So, it’s great to see this example drawn from Google’s blog … Read More

Brown Sugar joins growing list of retail chains forced into administration

dennisUncategorized

Brown Sugar, the womenswear group, is the latest retailer to hit the wall this year because of changing trading conditions that have rocked the retail sector and pushed brands including Colorado, Borders and Bettina Liano into administration. The 40-strong chain, established in 1975, is to continue trading under Sal Algeri of Deloitte Touche Tohmatsu, who was appointed as administrator by … Read More

Australian retail rents the highest in the world: Report

dennisUncategorized

We often hear that Australian retailers do it tough – suffering from a combination of the highest rents in the world, the highest labour costs, and the highest cost of wholesale goods. We’ll explore labour and wholesale costs another time, but today we have confirmation that our rents are indeed amongst the highest in the world. According to research by … Read More