Harvey Norman


One profit upgrade does not a retail recovery make

Little wonder then that investors boosted Noni B’s share price by 35% yesterday in celebration.

Your Say: Daily Mail readers' feedback: Beware retailers, respect the Sigmoid Curve

Crikey readers have their say.

TV or not TV, that’s the question for Harvey et al. It’s not

There’s been another bit of unfortunate news for the campaign by Gerry Harvey, Myer, Solomon Lew and other retailers to levy a GST on offshore internet purchases under $1000.

The idiocy that is the retail billionaire tax champions

The recent $200,000 PR blitz by retailers has fallen as flat as their pre-Christmas sales.

This time it’s personal: Twitter vitriol takes down Gerry Harvey

Throughout a sustained personal attack on Gerry Harvey from the Twitter populace, the Harvey Norman account remained strangely silent as the issue became the fifth most talking about Twitter topic in the world, reports Thomas Tudehope.

Just another form of parallel importing

Whether it be Woolworths and Coles in food and liquor or Woolies, Coles, JB and Harvey Norman in electrical goods or Myer and David Jones in department stores, the power is in the hands of the major retailers. How sensible the government isn’t stampeded to change, writes Richard Farmer.

Wankley Awards: Gerry Harvey, the master salesman

Tabloid TV is in bed with Gerry Harvey, the affable billionaire who can self-interestedly rattle off at length on anything to do with furniture at very low prices. Like bedding bargains in his own store!

Gerry Harvey swimming in millions of options

Gerry Harvey is demanding shareholders give him and other Harvey Norman executives millions of dollars worth of new options to replace “out of the money” options granted in 2007.

Rebel with a pause as private equity puts hit-and-run on hold

News that private equity has pulled another attempt to take the money and run from a poorly performing retailer again causes us to ask, just where is the added value from private equity?

AGMs: let the minutes show it’s a last-minute thing

It’s a peak time for companies large and small to hold meetings, with Harvey Norman, Goodman Group and Valad Group taking their good time to get their AGMs organised.

NAB sees blue skies ahead

The NAB’s quarterly business survey shows improvements in confidence, expectations and conditions ahead of tomorrow’s important consumer inflation figures.

Morning Market Report: Retailers flying on profit upgrade from David Jones

David Jones now expects a rise of 8-12% from its previous guidance of 0-5% thanks to improved trading conditions in the last couple of months.

Tips and rumours: Next problem for the NRL?

Harvey Norman threatens to withdraw support, Westpac wage freeze, nut contamination. All stories in today’s Tips & Rumours section.

Take a shortcut to riches with Alumina

Shareholders are set to reap dividends if they plunge money into Alumina shares this afternoon, writes Stephen Mayne.

Tips and rumours: Peters Ice Cream shut production in Perth

140 people could be out of a job at Peters Ice Cream, with a tipster alleging Nestle is buying and moving shop, while another says 40 have been cut with the closure of Fairfax’s Sun Weekly.

Morning Market Report: Market up 53, Dow up 109

The Dow was up 121 at best, down 50 at worst. Financial stocks led the way at 5.6%

NAB, Harvey Norman see hardship in economic crystal ball

According to both NAB and Harvey Norman, 2009 will be a difficult year, but not a disastrous one, reports Glenn Dyer.

Gerry Harvey becomes a key adviser on economic policy

Harvey Norman’s falling sales might have played a significant part in formulating the PM’s economic stimulus package, writes Glenn Dyer.

The Queen’s Birthday

What the Corgi saw