The British United Provident Association sounds like something out of the s, because it is. In more modern times, Bupa will do nicely. We wish we had a better story for you, but we just liked the way the letters sounded together. To join the conversation, please log in. Don't have an account? Join the conversation, you are commenting as Logout. Supermarket giant Coles has revealed how it will enforce staff vaccinations across the country.
Australian avocado farmers have been forced to dump their fruits and they are blaming major retailers for the waste. Coles executives have been forced to defend a significant change introduced to their supermarkets across the country.
Best of shopping Premium Membership. In the know quiz. Benedict Brook. More from retail. Net profit rose 6. Tweaking its range to keep up with changing technology has been a cornerstone of JB Hi-Fi's resilience. The retailer was once Australia's largest seller of music CDs, movies and computer games - and probably still is. But software now accounts for only 8 per cent of total sales, down from 16 per cent in and 27 per cent in The decline in high-margin software sales and growth in lower margin hardware sales, such as TVs, phones, computers, laptops, digital cameras and gaming accessories, has forced JB Hi-Fi to continually improve productivity to maintain margins.
Last year, for example, the retailer issued staff with headsets to improve communication and speed the flow of stock from back of stores to the shop floor. It also merged the JB and Good Guys support centres into a single site at Southbank in Melbourne, and consolidated warehouses after realising it can better serve online customers by picking orders from stores rather than from centralised distribution centres.
It flexes labour up or down depending on trading — the workforce is about 60 per cent full time, 20 per cent part-time and 20 per cent casual — and invests heavily in staff training. Supply chain experts say retailers could start running short of stock by April and prices could rise due to supply shortages. But Murray was as cool as one of the bearded hipsters in his stores when asked when the coronavirus was likely to start causing serious problems.
Analysts are in two minds about JB Hi-Fi's share price after the stock almost doubled in 12 months, confounding short sellers who still account for about 11 per cent of the shares. We believe workplace giving is an efficient and effective way to do so. With JB Hi-Fi matching staff contributions dollar-for-dollar we effectively double the positive impact to our charities and community. We are a proud member of Workplace Giving Australia and are supporting their goal of reaching 1Mdonors.
The Fred Hollows Foundation is a lean and independent, non-profit, secular organisation. They receive over 1. Everything they do is youth-driven and evidence-based. Providing real support to children, young people and their families through cancer. Oxfam Australia is part of a global movement of dedicated people working hard to fight poverty and injustice. We are helping support farmers to transition to regenerative practices.
Protecting Australia's unique animals, plants and their habitats. A compassionate community dedicated to providing safe and caring homes for companion animals. Promoting the human-animal bond. Kids Under Cover is a not-for-profit organisation dedicated to preventing youth homelessness. We provide studio accommodation in family backyards and education scholarships. McAuley Community Services for Women supports women and children who have faced family violence and homelessness to take control of their lives.
JB staff members selected the charity partners to be included in the program. The final choices cover a broad range of areas of social concern. We originally began with 5 charities and have recently expanded to 10 to broaden the options for staff. The aim is to encourage staff to donate to smaller charities where the JB Hi-Fi staff and corporate donations would really make a big difference each month. The firm offers a wide range of brands with particular focus on consumer electronics, software, whitegoods and appliances.
The company was founded by John Barbuto in and is headquartered in Melbourne, Australia. Stocks: Real-time U. International stock quotes are delayed as per exchange requirements.
Fundamental company data and analyst estimates provided by FactSet. All rights reserved. Source: FactSet. Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Markets Diary: Data on U. Overview page represent trading in all U. See Closing Diaries table for 4 p. Sources: FactSet, Dow Jones. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
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