Extract from AFR article today;
Meanwhile, Amazon's Australian website launched today with fewer products and smaller discounts than widely expected.
Morgan Stanley analysts expect many ASX-listed retailers that were sold off ahead of Amazon's launch, including JB Hi-Fi, Harvey Norman, Myer and Super Retail Group, will regain some ground.
"While clearly Amazon will improve its offer over the coming years, we think the prospects of a pricing reset is low, ranging is relatively weak and delivery times are not as favourable as existing leading retailers," Morgan Stanley analyst Thomas Kierath said in a research report.
"Retailers that have been sold off during 2017 on the impending Amazon launch should see a reprieve, in our view, given a less disruptive launch than expected. Longer term, we see department stores as the losers from Amazon."
Read more: http://www.copyright link/markets/m...ata-amazon-eyed-20171204-gzyq7g#ixzz50M67Vjmm
Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-285
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.64 |
Change
0.050(1.09%) |
Mkt cap ! $6.080B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.66 | $4.58 | $5.056M | 1.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 33521 | 4 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| HVN (ASX) Chart |
