Retail & eCommerce Trends: Sep 14 - Australia (5 stories)

Pricesmart stock hits 52-week high at $114.07

Meituan, JD shares fall as Alibaba sparks more e-commerce competition fears

The Good Guys fined $13.5m for misleading 21,500 customers over store credits

National electrical goods retailer The Good Guys has been fined $13.5 million for misleading conduct in relation to its store credit and StoreCash promotions which caught out more than 21,000 eligible customers over a period of four years. The penalty was handed down to the JB Hi-Fi (ASX: JBH) subsidiary by the Federal Court following proceedin...

A2Z Cust2mate secures retail media monetization rights with Yochananof

Harvey Norman facing class action after adverse court ruling on interest free promotions

Almost a year after the Federal Court found that Harvey Norman (ASX: HVN) and Latitude Finance misled customers with a “60-month interest-free, no deposit” payment promotion, law firm Carter Capner Law is launching a class action against the national retail group. The law firm says it is leading the class action on behalf of hundred...