We are witnessing significant changes to our nation’s retail landscape with the collapse of many established retailers and intensifying international competition. How can Australian retailers survive in this environment? Our changing landscape Over the past 12 months, some big retailers have collapsed in Australia, including Dick Smith, Topshop Australia, Pumpkin Patch, Masters, Laura Ashley Australia, Payless […]
Each year, it seems the stigma associated with bankruptcy continues to fade just a little…but should it? While every individual’s situation is different and needs to be considered on its own merits, there are upsides and downsides to filing for bankruptcy that must be understood before choosing the insolvency path. Allowances in bankruptcy When an individual […]
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This article was sourced from Business Insider. Article by Ben Moshinsky. LONDON — Department store John Lewis will cut almost 400 jobs across its cafes and home fittings departments, as customers shift their spending from physical stores to online shopping. The company said that 387 jobs would go as a result of the restructuring. Around 773 staff had entered […]
This article was sourced from Market Watch. Article by Thomas H Kee Jr. Equity investors will receive information in three important areas over the next week, and two have been the driving force behind the stock market’s recent euphoria. First, China will release its export data on Wednesday. Given the growth warnings officials communicated over the […]
This article was sourced from Bloomberg. Article by Ellen Huet. There are a few early clues that a startup will be successful, according to market researcher Quid: Have the company’s founders worked together before? Is the business in a hot sector, one where many other new startups are also focusing? Has it raised funding at a […]
This article was sourced from Bloomberg. Article by Shelly Hagan. After a euphoric market debut, Snap Inc. shares dropped for the first time in three days and fell below the opening price of $24 on their first day of public trading after analysts began weighing in with their thoughts on the company’s true valuation. The parent company […]
This article was sourced from LinkedIn. Article by Steve Blakeman. “They have one job to do. One job to do!” said Cheryl Boone Isaacs, President of the Film Academy. And boy did they mess that one job up. As a consequence, the accountants responsible for collecting votes and handing out the envelopes, Brian Cullinan and Martha Ruiz […]
This article was sourced from Tech Crunch. Article by Matthew Lynley. Snap has given a final price for its IPO, setting the company’s valuation at nearly $24 billion with a price of $17 per share, according to a report by The Wall Street Journal. With that, it looks like Wall Street had plenty of appetite for […]