Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3
916 posts

Ultimate Geek


  #1077559 1-Jul-2014 08:01
Send private message

Retailers have done it to themselves.

Sales used to be meaningful and genuine bargains to be had, now most major retailers have sales every other weekend with perceived discounts rather than actual bargains, but, if they were to drop their prices permanently and used average margins all the time, what would bring people in the door?

3149 posts

Uber Geek

Trusted
Subscriber

  #1078211 1-Jul-2014 20:47
Send private message

Ah, the Kathmandu model.  Many an Aussie retailer has had a whinge about it.

 
 
 
 


23097 posts

Uber Geek

Trusted
Subscriber

  #1078322 1-Jul-2014 22:33
Send private message

Local retailers have really done it to themselves when they make it so hard to buy from them vs ebay and amazon for things that are ok with a longer wait too.

Why would I want to go to your store and talk to someone to find anything out about the product.





Richard rich.ms

3724 posts

Uber Geek


  #1078327 1-Jul-2014 22:37
Send private message

Pricespy is putting an end to the 'high price during the week, low on the weekend (just in time for another sale)' approach.
Instead, we'll see the rise of exclusive products, where you can't sit on-line and compare prices... because each and every store holds different models from each other.
Happy days?

15933 posts

Uber Geek


  #1078331 1-Jul-2014 22:39
Send private message

Kyanar: Ah, the Kathmandu model.  Many an Aussie retailer has had a whinge about it.

 

Aussie businesses are pretty ruthless I have found, and it is unusal for a NZ business to do well over there. Many businesses have expanded to Oz, and have had to retreat after not doing very well, The warehouse and Telecom come to mind. NZers treat aussie businesses well over here, we don't care so much on whether the business is NZ owned or not, more about the price we end up paying.

3724 posts

Uber Geek


  #1079675 3-Jul-2014 22:15
Send private message

Dig deeper into who actually owns Kiwi businesses, and you'll often find many shareholders are from outside of NZ...
Ultimately, both NZ and overseas companies are staffed by locals... so it comes down to price, layout, location and of course, service.

15933 posts

Uber Geek


  #1079680 3-Jul-2014 22:31
Send private message

Dunnersfella: Dig deeper into who actually owns Kiwi businesses, and you'll often find many shareholders are from outside of NZ...
Ultimately, both NZ and overseas companies are staffed by locals... so it comes down to price, layout, location and of course, service.

 

Yes many NZ Companies listed on the companies register, are actually overseas owned, and many companies that appear to compete against one another are owned by the same parent.

 
 
 
 


3724 posts

Uber Geek


  #1081182 4-Jul-2014 20:15
Send private message

Smiths City / LV Martins / Powerstore = Smiths Group
Harvey Norman own a chunk of Briscoe's and I think, Rebel Sport.
The Warehouse own Noel Leeming / R&R Sport / Warehouse Stationery etc.
It goes on and on...


3149 posts

Uber Geek

Trusted
Subscriber

  #1081330 5-Jul-2014 10:32
Send private message

Rebel Sport is a wholly owned subsidiary of Briscoe Group, as is Living and Giving.  You're right though, Harvey Norman holds a 2.43% stake (listed in Briscoe's "top 20 holder list" in their last annual report) - a majority stake would be almost impossible for them to get though due to the 79% stake held by the "R A Duke Trust".

Alcohol is another not very competitive environment.  Liquorland is owned by Foodstuffs (Pak n' Save, New World), Liquor King is owned by Lion (the brewery), King Dick's is owned by the Portage and Waitakere Licensing Trusts.  Super Liquor is the exception, apparently being a co-operative (with 187 private shareholders, no-one with more than 2%).

14979 posts

Uber Geek

Trusted
Subscriber

  #1081343 5-Jul-2014 10:55
Send private message

Technically Harvey Normans are many companies, they are franchises with each store having four separate businesses, Computers, Appliances, Furnishings, Bedding.




Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

He waka eke noa


3149 posts

Uber Geek

Trusted
Subscriber

  #1081349 5-Jul-2014 11:09
Send private message

KiwiNZ: Technically Harvey Normans are many companies, they are franchises with each store having four separate businesses, Computers, Appliances, Furnishings, Bedding.


No they're not.  All Harvey Norman stores in New Zealand are company owned and operated.  HN franchises only exist in Australia (see the Annual Reports).

3724 posts

Uber Geek


  #1081608 5-Jul-2014 20:48
Send private message

Kyanar:
KiwiNZ: Technically Harvey Normans are many companies, they are franchises with each store having four separate businesses, Computers, Appliances, Furnishings, Bedding.


No they're not.  All Harvey Norman stores in New Zealand are company owned and operated.  HN franchises only exist in Australia (see the Annual Reports).


Nope, they're franchises in both NZ and Australia.
I have no idea about Ireland / Slovenia etc, but it's a franchise setup over here.


3149 posts

Uber Geek

Trusted
Subscriber

  #1081683 6-Jul-2014 00:16
Send private message

Dunnersfella:
Kyanar:
KiwiNZ: Technically Harvey Normans are many companies, they are franchises with each store having four separate businesses, Computers, Appliances, Furnishings, Bedding.


No they're not.  All Harvey Norman stores in New Zealand are company owned and operated.  HN franchises only exist in Australia (see the Annual Reports).


Nope, they're franchises in both NZ and Australia.
I have no idea about Ireland / Slovenia etc, but it's a franchise setup over here.



Nope, they're franchised in Australia and company owned everywhere else in the world.  Source: the company's annual reports.

856 posts

Ultimate Geek


  #1081695 6-Jul-2014 01:02
One person supports this post
Send private message

Kyanar:
Dunnersfella:
Kyanar:
KiwiNZ: Technically Harvey Normans are many companies, they are franchises with each store having four separate businesses, Computers, Appliances, Furnishings, Bedding.


No they're not.  All Harvey Norman stores in New Zealand are company owned and operated.  HN franchises only exist in Australia (see the Annual Reports).


Nope, they're franchises in both NZ and Australia.
I have no idea about Ireland / Slovenia etc, but it's a franchise setup over here.



Nope, they're franchised in Australia and company owned everywhere else in the world.  Source: the company's annual reports.

You might have more luck convincing people if you actually quote a page number/actual quote like I'm about to, instead of linking blindly to a list a potential sources...

Because, like others I was sure HN was operated here under the Aussie model (mainly due to their politicking of "oh you've got kitchenware and computer stuff? You've got to go through BOTH checkouts" which, in Aussie, was due to the Aussie franchise arrangements, also in my case, the understanding was due to what someone apparently 'in the know' had told me, hmmm guess not)...

In overseas markets our stores are company-operated. Our total retail segment primarily consists of company-operated stores in New Zealand, Singapore, Malaysia, Ireland, Northern Ireland, Slovenia and Croatia and the stores previously trading under the Clive Peeters and Rick Hart brand names in Australia prior to the restructure of the business.


From the 2013 report page 12.

3724 posts

Uber Geek


  #1081709 6-Jul-2014 07:52
Send private message

Well I've met franchise holders from NZ Harvey Norman stores as recently as last week... I wouldn't trust every link on the interweb.

1 | 2 | 3
View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Vodafone and Imperial College London invite smartphone users to help fight diseases
Posted 9-Apr-2020 11:09


Unisys Always-On Access Powered by Stealth provides fast, encrypted remote access for workers
Posted 9-Apr-2020 10:00


Intel introduces 10th Gen Intel Core H-series for mobile devices
Posted 2-Apr-2020 21:09


COVID-19: new charitable initiative to fund remote monitoring for at-risk patients
Posted 2-Apr-2020 11:07


Huawei introduces the P40 Series of Android-based smartphones
Posted 31-Mar-2020 17:03


Samsung Galaxy Z Flip now available for pre-order in New Zealand
Posted 31-Mar-2020 16:39


New online learning platform for kids stuck at home during COVID-19 lockdown
Posted 26-Mar-2020 21:35


New 5G Nokia smartphone unveiled as portfolio expands
Posted 26-Mar-2020 17:11


D-Link ANZ launches wireless AC1200 4G LTE router
Posted 26-Mar-2020 16:32


Ring introduces two new video doorbells and new pre-roll technology
Posted 17-Mar-2020 16:59


OPPO uncovers flagship Find X2 Pro smartphone
Posted 17-Mar-2020 16:54


D-Link COVR-2202 mesh Wi-Fi system now protected by McAfee
Posted 17-Mar-2020 16:00


Spark Sport opens its platform up to all New Zealanders at no charge
Posted 17-Mar-2020 10:04


Spark launches 5G Starter Fund
Posted 8-Mar-2020 19:19


TRENDnet launches high-performance WiFi Mesh Router System
Posted 5-Mar-2020 08:48



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.