May 2023
Woolworths beefs up MyDeal data protection as customers stick around
The grocery chain is investing in data protection including recruiting a new information security manager for the online marketplace.
April 2023
The cheap, China-backed app that aims to unseat Kmart, Big W
Temu is growing fast as consumers look for even more value in a crowded sector, and may threaten the dominance of discount retailers and other marketplaces.
October 2022
‘You can’t relax’: retailers on high alert after cyberattacks
Retailers hold vast amounts of customer data: phone numbers, drivers’ licences, the pharmaceuticals they use, alcohol they drink and the size of their underwear.
August 2022
Woolworths get tick from ACCC on MyDeal buy
The ACCC has found that Woolworths and MyDeal are not particularly close competitors since Woolworths’ business is predominantly focused on retailing its own products.
July 2022
MyDeal focused on ‘necessary’ items as cost of living bites
Consumers are tightening their spending, focusing more on only necessary items, says listed online marketplace retailer MyDeal chief marketing officer Ryan Gracie.
June 2022
Amazon gears up for Prime Day shopping event, offers 200m products
The battle of the online marketplaces is in full flight among three giants: US Amazon, Wesfarmers and Woolworths.
May 2022
The jury is out on Wesfarmers’, Woolworths’ ecosystem strategies
Wesfarmers and Woolworths are spending billions building retail ecosystems, primarily to fend off Amazon, but it’s unclear whether they will build or destroy shareholder value.
Woolworths defends $243m offer for MyDeal
The grocery giant has offered to buy an 80 per cent stake in the online marketplace via a scheme of arrangement for cash of $1.05 a share.
Jarden tows Woolies into MyDeal
Online retailer MyDeal will say goodbye to the ASX boards after receiving a binding bid from Woolworths for 80 per cent of the company.
March 2022
Online retailer MyDeal launches new activities marketplace
Sam Pinney, who joined from rival online marketplace Redbubble, is heading the Amazed.com business.
August 2021
Candle seller Dusk’s profits triple
The company has cemented its status as one of the best floats of 2020 after a glowing performance in 2021.
MyDeal flags more losses
The online retailer, which listed in October, fell $5.8 million into the red in 2021 and has flagged more losses as it invests to build a $1 billion business.
June 2021
Booktopia expects robot stackers to increase stock by 25pc
An $18 million in investment in technology is helping the online book retailer increase capacity, build its range and deliver orders faster.
April 2021
Mydeal.com sales growth slows as consumers return to stores
MyDeal’s gross sales growth exceeded Kogan.com’s in the March quarter but growth slowed sharply in February and March.
Candle seller Dusk’s profits to more than triple
Dusk, one of the best performers among recent floats, expects 2021 earnings to more than triple following a surge in demand for candles and home fragrances.
March 2021
Online retailers weigh insourcing fulfilment as demand soars
Online retailers have traditionally outsourced fulfilment, but as demand soars, company-owned warehouses and deliveries are starting to make more sense.
February 2021
Mydeal.com.au dips into red despite sales surge
Sales surged as consumers splashed out on homewares but Mydeal dipped into the red after incurring higher costs to attract new customers.