Feeds

Harvey Norman warms to etail

Gerry's 'heart beats strongly' at the thought of digital pennies

Security for virtualized datacentres

Australian retail Luddite Gerry Harvey has reversed his anti etailing stance, and has announced that he will launch an online retail store.

Harvey had previously been a key agitator against online retailing, leading bigger retailers to lobby the government to enforce Australia's 10 per cent goods and services tax (GST) on all online purchases. At the moment, purchases below A$1,000 slip through the GST net.

In January, Harvey appealed to Australians' patriotism to pay more for local goods rather than shift retail revenue overseas.

"You might have to pay more, but it's the right thing to do. You'll pay a lot more if we lose jobs and retailers close down," he said.

Now, the retail giant will launch its own branded online store. Harvey said that while he enjoyed a reputation as being a retail "pace-setter", the competitive retail sector meant that he didn't have a choice and that "I've got to cannibalise our stores."

He added that within a year Harvey Norman would have "a sizeable internet presence".

"My heart's beating very strongly on whether we make any money out of it," Harvey said.

Recent analysis from Forrester Research forecasts that sales from the Australian online retail market will surge to A$33bn by 2015 from A$16.9bn last year.

Local retailer Myer, which is also lobbying the government on the GST charges, also backflipped this month, launching an offshore online store presence in China called myfind.com which allows Australian customers to shop GST-free. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.