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Are Australians Feeling More Confidence? Data Suggests Yes

Confidence across Australia has rebounded, gaining back the loss it experienced last week. According to Roy Morgan, consumer confidence levels have experienced their biggest weekly gain in the entirety of 2022. 

Power Retail By Power Retail | 17 Aug 2022
Booktopia's Shares Just Skyrocketed - Here's Why

Online book retailer, Booktopia, recorded a 12 percent increase in its share price on Monday morning. What has driven this uplift, and is it here to stay?

Power Retail By Power Retail | 08 Aug 2022
Australian Consumers Reach Lowest Confidence Rating for a Month

Australians are feeling the pinch, with the lowest recorded consumer confidence rating in a month.

Power Retail By Power Retail | 13 Jul 2022
Australian Spending and Confidence Heavily Impacted by RBA Interest Increase

The confidence amongst consumers in Australia has dropped 6.6 points as the RBA increases interest rates by 0.5 percent. 

Power Retail By Power Retail | 15 Jun 2022
Woolworths to Acquire Majority Stake in MyDeal

Woolworths Group has proposed to acquire an 80 percent interest in the Australian online marketplace, MyDeal, with a valuation of $243 million. Sean Senvirtne will retain a 20 percent stake, and remain as CEO of...

Power Retail By Power Retail | 20 May 2022
BikeExchange CEO Resigns, Effective Immediately

There's been a huge executive shake-up for BikeExchange, with the CEO officially resigning from the role, the company has announced.

Power Retail By Power Retail | 19 May 2022
Quad Lock Secures Former Nike MD and THE ICONIC GM as CEO

Quad Lock has locked in a new CEO - former Nike Pacific MD and THE ICONIC GM, Andrew Poole, as the business continues its expansion globally.

Power Retail By Power Retail | 17 May 2022
Retail Sale Volumes Up 1.2 Percent in March Quarter

For the March quarter, retail sales volumes have increased 1.2 percent. This comes off the back of a 7.9 percent increase in the December quarter, and a 4.3 percent decline in the September quarter. 

Power Retail By Power Retail | 11 May 2022
General Pants Co. Acquired by Alquemie Group

General Pants has been acquired by a retail investment group, Alquemie Group. The purchase will drive growth in the business, for both General Pants and Alquemie Group alike. 

Power Retail By Power Retail | 06 May 2022
Booktopia's Results Impacted by Multiple Factors in Q3

Booktopia's third quarter of FY22 may have been eclipsed by the news of Tony Nash's departure as CEO, but still impacted its share prices.

Power Retail By Power Retail | 04 May 2022
Tony Nash Resigns as Booktopia CEO

Tony Nash is stepping back as CEO of Booktopia, saying it's 'time to hand over the leadership reins to someone' who is 'more capable' at the job.

Power Retail By Power Retail | 03 May 2022
Kogan Fails to Meet Expectations in Q3

Kogan's sales have fallen 3.8 percent in the March quarter, with the business citing the ongoing trends of the e-commerce landscape as its catalyst.

Power Retail By Power Retail | 29 Apr 2022