Local retailers brace as Amazon opens

Original article by Chris Griffith, Eli Greenblat
The Australian – Page: 2 : 5-Dec-17

The Australian retail website of e-commerce giant Amazon will be officially launched on 5 December. Consumers will be able to purchase a range of goods at significantly lower prices, with discounts of up to 30 per cent on some clothing and toy brands. Consumers will be able to purchase goods directly from Amazon or from merchants that sell their goods via the Amazon Marketplace. Consumers who order goods worth more than $A49 in total will receive free delivery. Amazon is forecast to gain up to $A200m worth of local sales at Christmas.

CORPORATES
AMAZON.COM INCORPORATED, JB HI-FI LIMITED – ASX JBH, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, OFFICEWORKS SUPERSTORES PTY LTD, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, BIG W DISCOUNT STORES, BABY BUNTING GROUP LIMITED – ASX BBN, REBEL SPORT LIMITED, MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, CALVIN KLEIN INCORPORATED, TOMMY HILFIGER AUSTRALIA PTY LTD, FISHER-PRICE INCORPORATED, BONDS INDUSTRIES LIMITED, PUMA AUSTRALIA, LEGO AUSTRALIA PTY LTD, SOL-SANA, L’OREAL AUSTRALIA PTY LTD, SONOS INCORPORATED, SUNBEAM CORPORATION LIMITED

Consumers put value before price: P&G

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 12-Sep-17

Procter & Gamble’s MD for Australia and New Zealand, Antoine Brun, claims that Australian consumers are not as interested in price promotions as some retailers in the $A90 billion food and grocery sector seem to think. He says retailers need to reduce their discounting "message", and instead focus more on product quality and innovation. Brun notes that extensive discounting discourages product innovation. Procter & Gamble’s brands include Oral B, Duracell and Gillette.

CORPORATES
PROCTER AND GAMBLE AUSTRALIA PTY LTD, PROCTER AND GAMBLE COMPANY, CHEMIST WAREHOUSE, PRICELINE PHARMACY, IRI