Amazon.com's Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its launch in the world's No. 12 economy and weighed on the shares of the brick-and-mortar retail sector.
The consumer backdrop may be challenging but Mothercare said its transformation is progressing as it sharpens its product focus and makes the most of omnichannel opportunities. But it remains lossmaking.
Quiz Clothing could afford to feel at least a little smug this week as the fast fashion retailer turned in yet another set of stellar results reflecting “strong growth across all channels as the brand gains momentum”.
Amazon.com Inc has told its Australian sellers to be ready to take orders on Nov. 23, according to a retailer, the first time the global retail juggernaut has given a start date for sales in a country.