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Amazon's Figures Aren't a Concern - Unless You Become Complacent

Amazon's latest quarterly update has disappointed many, as its growth slows slightly. While the online giant shared 'better than expected' sales for its second quarter, investors were not so sure. 

Power Retail By Power Retail | 02 Aug 2021
Afterpay Acquired by Square for $39B

Square is acquiring Afterpay for $39 billion. CEO, Jack Dorsey, says Square and Afterpay both have a 'shared purpose' and plans to integrate Afterpay into Square's Seller and Cash App business units. 

Power Retail By Power Retail | 02 Aug 2021
Twitter Develops In-App Shopping Module - Will it Work This Time?

Twitter is piloting the launch of its first in-app shopping module, allowing users to make a purchase while punching out their best 140-character thoughts.

Ally Feiam By Ally Feiam | 30 Jul 2021
Behind the Scenes with Gazman and its Gangbuster Growth

We sat down with Zhen Hann Leow, Group E-Commerce Manager at Gazman, to examine the changes in online shopper behaviour, blurring the lines between online and offline, and what's next for the family-owned business. 

Ally Feiam By Ally Feiam | 28 Jul 2021
Consumer Confidence Remains Uncertain with Ongoing Sydney Lockdown

As Victoria emerges from lockdown today, consumer confidence remains lower than normal - dropping by a further 3.6pts to 100.7.

Power Retail By Power Retail | 28 Jul 2021
Temple & Webster Profits Climb as Online Growth Continues

Online retailer, Temple & Webster, is reporting a 'record year' for revenue, customers and profit in its full-year results. The growth is underpinned by the increase in repeat customers and the ongoing development of e-commerce.

Power Retail By Power Retail | 27 Jul 2021
MyDeal Reports Stable Annual Growth, Share Price Remains Rocky

MyDeal is placing itself 'fairly and squarely' and is 'growing significantly faster' than the online marketplace landscape, as it reports a 12.4 percent increase in its Gross Sales. 

Power Retail By Power Retail | 27 Jul 2021
City Chic Acquires European Plus-Size Online Marketplace

City Chic has acquired 100 percent of the shares of European plus-size online marketplace, Navabi, for $9.6 million. This acquisition includes all assets and liabilities of the company.

Power Retail By Power Retail | 26 Jul 2021
Brand Collective Snapped Up by LK Group

Brand Collective has a new owner. LK Group has acquired the Superdry, Hush Puppies and Shoes&Sox house for an undisclosed amount. 

Power Retail By Power Retail | 23 Jul 2021
Myer Secures 40,000m² DC to Support Online Uplift

Myer has secured a ten-year lease of a new distribution centre to bolster online growth. The Ravenswood DC is 40,000 sqm and will assist orders both in-store and online. 

Power Retail By Power Retail | 23 Jul 2021
Kogan, eBay, Amazon and Catch Under Investigation from ACCC

Online marketplaces Amazon, Kogan, Catch and eBay are going under the microscope by the ACCC as the online landscape continues to develop and grow.

Ally Feiam By Ally Feiam | 22 Jul 2021
Catch 'Doubles Down' on Growth Strategy with New CMO

Catch is expanding its customer focus with the appointment of a new Chief Marketing & Commercial Officer, Jason Bagg.

Power Retail By Power Retail | 22 Jul 2021