RETAIL/CONSUMER GOODS

Dacor to Release Wall Oven Powered by Android OS

For 2013, the California-based kitchen appliances maker Dacor will release the first wall oven using Android OS. The wall oven has a dimension of 30 inches and its Android controller is powered by a seven-inch device called Discovery IQ controller.

Turn 2013 Resolutions to Big Bucks in Australia

Business information analysts at IBISWorld reveal the industries can set to cash in - or lose out - on our good intentions for 2013. What do consumers wish as the the New Year approaches?
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Online Shopping Tips to Beat Scammers, Spammers

The power of online shopping could be both liberating and problematic if one is not as conspicuous as ever. Scanning through colourful and interactive catalogues of products and services spells fun as the new shopping flare. Nonetheless. shopping or just browsing, one should not let your guard down as there are those on the watch to do some online mischief.
Christine Gaylican Nov 21, 2012

Click Frenzy’s Meltdown, a Win for Most Retailers

Click Frenzy's website may have crashed due to the surge of consumers wanting to get first dibs on discounted products, and may have lost patrons along the way, but the real winners here were the retailers themselves prepared to serve online consumers.
Esther Tanquintic-Misa Nov 21, 2012

Have Photo ID, Shop in Australia Under PayPal’s Empty Hands System

With the Christmas shopping season about the begin, Australians would have an alternative way to purchase goods without bringing cash or credit cards. All they need is their photo ID under a new in-store payment system announced by PayPal on Wednesday.
Vittorio Hernandez Nov 15, 2012

Australia Mulls GST on Items Bought Abroad

The advantage enjoyed by online retailers based overseas over bricks and mortar stores insofar as Australian consumers are concerned may soon be removed. A plan by the federal government to collect the general sales tax (GST) for purchases abroad may just level the playing field for both kinds of retailers.
Vittorio Hernandez Nov 09, 2012

IKEA Expands Stores in Australia to 11, Cuts Price by 50%

Global quality furniture retailer IKEA said on Tuesday that it will expand its store in Australia to 11 with the addition of two locations in Melbourne and Sydney. At the same time, the premier retailer announced deep discounts of up to 50 per cent covering 900 items to remain competitive.
Vittorio Hernandez Oct 17, 2012

5.4 Million Aussie Households Thumb Down Telemarketers

To indicate their dislike of telemarketers, 5.4 million Australian households have since signed up with the national Do Not Call Register. The list just breached the 5 million mark since the registry was started in 2007.
Vittorio Hernandez Oct 17, 2012

Bleak Christmas Looms Over Australia’s Retail Sector

In spite of an online sales campaign patterned after the successful Click Monday in the U.S., a survey released on Monday said that it will still be a bleak Christmas season for Australia's retail sector.
Vittorio Hernandez Oct 16, 2012

Australia Post Logs 17% Boost in Annual Profit Due to Online Shopping

The Australia Post reported on Thursday that it registered an overall yearly net profit of A$281 million or a 17 per cent rise compared to a year ago. The significant increase in its income, while its counterparts in the U.S., UK and Canada are suffering due to technology, is mainly due to Australians' growing love for online shopping.
Vittorio Hernandez Oct 12, 2012

CBA, NAB Cut Interest Rate by 20 Basis Points

Four days after the Reserve Bank of Australia (RBA) reduced by 25 basis points the overnight cash rate to 3.25 per cent, two members of the big four announced rate cuts on Friday.
Vittorio Hernandez Oct 05, 2012

Australians Line up to Buy iPhone 5, First to Own Device

Like their counterparts in other global cities, Australians lined up on Friday morning to buy Apple's iPhone 5 officially launched last week but made available only beginning Sept 21 in retail outlets in selected countries.
Vittorio Hernandez Sep 21, 2012

Harvey Norman Owner’s Family Shops Online

While Australian retail giant Harvey Norman is one of the leading voices calling for lowering of the general sales tax on items purchased overseas, the company's own chief executive, who is also the owner's wife, ironically buys from online shops abroad to save money.
Vittorio Hernandez Sep 20, 2012

Aussies Prefer Local Food but Pick Foreign-made Goods

While Australians prefer home-grown food over imported ones, the case is not true for furniture, health and beauty items, clothes, hardware and household appliances which Aussies prefer to buy imported ones due to lower cost and better value.
Vittorio Hernandez Sep 17, 2012

Shell Corporate Growth Now Hinges on Earth-Friendly Measures

Constantly competing for new sustainable and environment-friendly fuels, the Shell Group focused all efforts on a prominent goal of attaining corporate efficiency by means of sustaining the environment at no matter the costs?
Christine Gaylican Aug 30, 2012

Perth Shops Now Open on Sundays, Holidays

Perth residents trooped to shopping malls and other retail outlets on Sunday for the first time as Western Australia's amended Sunday trading laws took effect on Aug 26.
Vittorio Hernandez Aug 27, 2012

Queensland, NSW Dairy Farmers Urge Boycott of Coles, Woolworths Branded Milk

Dairy farmers from Queensland and New South Wales (NSW) are not taking the sides of either Coles or Woolworths in the two supermarket giants' price war. They instead urged on Sunday the boycott of the two supermarkets' branded milk at the ongoing Ekka, Queensland's largest public event which attracts over 400,000 visitors.
Vittorio Hernandez Aug 13, 2012

Coles Logs 6.1% Sales Growth to $33.7B

Coles gained the upper hand in its battle for the number position with Woolworths as the number one supermarket by reporting on Thursday a yearly sales growth of 6.1 per cent to $33.7 billion.
Vittorio Hernandez Jul 26, 2012

NAB Exec Foresees Banking Jobs Shrinking

A UBS forecast that banks in Australia would axe several thousands of positions over the next two years was validated by a National Australia Bank (NAB) executive on Monday.
Vittorio Hernandez Jul 24, 2012

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