Amazon Profitability Focus Implications
Amazon’s return to a profitability-focused retail operation is no accident. In fact, it was predictable. So let’s take a look at what brought us here and the implications for annual vendor negotiations (AVNs): Amazon’s early days were marked by a core expansion focus. The more products brands brought onto the marketplace, the better. This expansion […]
Majors Set Price Locks
Supermarket giants Coles and Woolies will drop the price of hundreds of popular grocery products until after Easter in a massive win for households amid a cost-of-living crisis. Coles said on Monday the second phase of its popular “drop and lock” scheme would begin on Wednesday in-store and online and includes brands such as Kellogg’s, […]
JB HIFI Record Sales
Shoppers have flocked to JB Hi-Fi to buy TVs, computers and white goods in the past six months as the retailer reports record sales and earnings. The electronics retailer recorded “strong” sales growth throughout the first half of the 2023 financial year, with total sales up 8.6 per cent to $5.3bn. JB Hi-Fi said trading […]
STATE OF THE UNION MEMBERSHIP – (LINKEDIN)
Union membership for private sector workers has hit a record low of 8.2%, following a national trend. In 2022, 779,700 private sector employees were members of a union in their primary job, down 20% from 956,200 in 2016 according to a granular analysis of Australian Bureau of Statistics data for the The Australian Financial Review. […]
