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As Microsoft shuts stores in China, are authorised retailers still relevant?

Inside Retail

The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery. billion, in 2023.

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ACCC sues The Good Guys over dodgy promotions

Inside Retail

The ACCC said that The Good Guys ran 116 promotions between July 2019 and August last year, offering consumers a store credit or StoreCash if they spent a certain amount on qualifying products in its online or physical stores.

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Disappointing demos hinder sales of consumer electronics, Outform finds

Retail Times

Underwhelming displays and a lack of staff knowledge in store are impacting shoppers’ buying behaviours in consumer electronics - especially when it comes to consideration of a new brand or upgrade - according to a recent study.

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JB Hi-Fi to acquire E&S Trading, books lower sales last fiscal year

Inside Retail

The consumer electronics retailer agreed to an initial acquisition of 75 per cent of E&S for cash consideration of $47.8 JB Hi-Fi is broadening its product categories as it agrees to acquire a controlling interest in E&S Trading Co, which offers kitchen, laundry, and bathroom products. million on a cash-free,debt-free basis.

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Costco to invest $150m in three new Vic stores

Inside Retail

Costco currently boasts 200,000 members and sells a mix of goods from fresh food, groceries, meat, consumer electronics, clothing, diamonds and even coffins. According to The Australian, Costco Australia’s sales in the year to August rose from $2.6 billion in 2020 to $2.8 billion last year.

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Consumer class action launched against JB Hi-Fi over ‘junk’ warranties

Inside Retail

They were of little or no value because – the class action argues – customers already had the same rights for free under the Australian Consumer Law.

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How to Stand Out at the 2024 Consumer Electronics Show

Retail Bound

As a product manufacturer in the consumer electronics space, the Consumer Electronics Show (CES) is a great opportunity to get your products in front of industry professionals and media outlets from all over the world. The post How to Stand Out at the 2024 Consumer Electronics Show appeared first on Retailbound.