Aussies might tighten their belts as the cost of living continues to hike, but there are certain items they can’t (and won’t) stop buying, even when the budget is tight. To name a few; household goods like cleaning supplies, car care, or stationary are essential to all households and driving profits for eCommerce company Harris
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If you haven’t been living under a rock, you must have heard about the massive tech layoffs across companies like Meta and Amazon. An underlying theme behind these layoffs was their CEOs’ dizzying faith in the e-commerce boom during Covid. Perhaps Aussie online shopping platform Kogan (ASX: KGN) bought into that school of thought, which
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We might not have time to stop and smell a rose, but a candle? Now we’re talking. However, that might not be the case anymore as households face the pressures of rising prices. People would rather plug their noses than invest in fragrances, as home fragrance company dusk’s (ASX: DSK) results for the first half of FY23 reveal.
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Most companies wouldn’t wish for Covid’s return, seeing how it wrecked their sales plans and profits. But online furniture retailer Temple & Webster (ASX: TPW) is not one of them. The Company had a good run with Covid as more people shopped online. Better sales, greater engagement—it was all going well until the world reopened
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Have you skipped online checkouts for in-person queues lately? With the end of pandemic lockdowns, many Myer (ASX: MYR) customers have, thus driving the department store’s in-person sales up 38% in the five months leading to December 2022. Subsequently, the retailer’s online sales were down 9.4%. Not only does this represent customers’ return to stores
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While tech companies around the world have been shedding jobs with mass layoffs following a turbulent year for tech, eCommerce company Harris Technology (ASX: HT8) tackled the challenging conditions head on and have come out on top following a strategic review. As one of Australia’s high flyers during the pandemic, the online retailer thrived as
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