JB Hi-Fi Group to acquire E&S Trading - Appliance Retailer
by Emily Bencic Mon 12 Aug 2024. . JB Hi-Fi Group has entered into an agreement to acquire E&S Trading (e&s), an Australian-owned family business retailer specialising in kitchen, bathroom, and laundry appliances. The initial acquisition is of 75% for cash consideration of $47.8 million on a cash-free/debt-free basis with a put and call option ...
2nds World purchased by Harvey Norman - Appliance Retailer
Dec 17, 2019 · 2nds World purchased by Harvey Norman. On 15 April 2019, Riad Tayeh, Antony Resnick and Mark Robinson of de Vries Tayeh were appointed as voluntary administrators of the 2nds World group of companies. 2nds World is Australia’s leading factory seconds appliances retailer. Headquartered in Cremorne, Sydney, 2nds World has five stores in New ...
Eurolinx announces major change to ILVE distribution
Dec 20, 2023 · Eurolinx announces major change to ILVE distribution. Eurolinx has advised that it will no longer be the Australian and New Zealand distributor for ILVE products, effective 1 January 2024, after a partnership spanning 35 years. In a letter to its partners shared with Appliance Retailer, the Colbert family – owners of the Eurolinx business ...
David Jones awarded for digital transformation
by Emily Bencic Thu 1 Feb 2024. . David Jones has received Retail Technology Innovation Hub’s Digital Transformation Project of the Year Award for 2023. The Award recognises its work with digital workplace pioneer, YOOBIC to transform communications, task management, and learning for frontline teams. Used by almost 9,000 team members across ...
The Good Guys moves into new Shepparton store
Feb 15, 2024 · The Good Guys moves into new Shepparton store. by Emily Bencic Thu 15 Feb 2024. . The Good Guys Shepparton has opened in a new location with the large-format store located on Benalla Road. The Good Guys Shepparton showcases a range of appliances and delivers a new standard of customer satisfaction with friendly and knowledgeable service.
JB CEO explains opportunities of e&s acquisition
Aug 13, 2024 · On Monday, JB Hi-Fi Group announced that it had entered into an agreement to acquire e&s with an initial acquisition of 75% for cash consideration of $47.8 million. “We recognise that some brands overlap between The Good Guys and e&s. However, products from those brands are more in the premium space for e&s and more in the entry to mid ...
Electronics & Whitegoods News >> Appliance Retailer
Thu 31 Oct 2024. Shark and Ninja present latest cleaning and kitchen solutions. Tue 29 Oct 2024. MORE ARTICLES. Advertisement. Samsung showcases AI products to create a connected world at IFA 2024. Samsung takes to the stage at the 100th IFA conference to unveil its latest innovations and celebrate the possibilities AI can create for everyone.
Bing Lee marks 65 years in business at conference
by Emily Bencic Thu 20 Oct 2022. . Bing Lee celebrated its 65th anniversary at its conference in the Hunter Valley, NSW, this week, with a white-themed party attended by staff and suppliers. There were speeches from Bing Lee CEO, Lionel Lee and general manager, Peter Harris, as well as Jasmine and Jordan Lee, accompanied by a slideshow ...
Bing Lee officially opens new flagship store - Appliance Retailer
Jan 31, 2018 · Bing Lee held the official opening for its new Marsden Park store in Sydney’s north-west over the Australia Day long weekend. The store measures approximately 1100 square metres, employs 8 staff and is part of the repurposed Masters site. In an exclusive interview, Bing Lee head of business development and retail sales, Peter Harris (pictured ...
Bing Lee launches new and improved website - Appliance Retailer
Sep 30, 2021 · It is a true revolution in e-commerce for Bing Lee and a solid foundation for the future,” Bing Lee general manager, Peter Harris told Appliance Retailer. “Following on from this launch, Bing Lee will roll out a bespoke point-of-sale (POS) in stores to give our sales team an enhanced tool to provide customers with a better in-store ...