Articles with tag thorn-group


Round Up: Retail will go personal and social in 2014 (and more trends)

We have more retail trends for 2014 - and these ones are actually pretty good - plus new business software to monitor employee expenses and voice-control logistics, ASIC looks to YouTube and cash rate contrasts among the ARA, NRA and ANRA.

Posted Wed 05/02/2014 12:00:00 / Read More »

Radio Rentals and Rentlo owner records earnings growth, profit decline

Thorn Group, owners of the Radio Rentals appliances and consumer electronics chain, has announced a 5 per cent decline in net profit after tax.

Posted Wed 20/11/2013 12:00:00 / Read More »

Thorn Group expands Cashfirst into physical space

Thorn Group-owned business Cashfirst is expanding its online financial services business with the opening of its first pilot store in Campbelltown, Sydney.

Posted Mon 23/09/2013 12:00:00 / Read More »

'Consumers are doing it tough' but Radio Rentals still finds strength

Thorn Group, parent company of Radio Rentals and Rentlo, has used its annual report to comment on "poor" retail conditions and the tough times consumers are facing. Despite this, the company has found success with a new format.

Posted Tue 23/07/2013 12:00:00 / Read More »

New appointments at Thorn to drive growth

Thorn Group is strengthening its management team with a number of appointments that will help drive its planned growth strategies.

Posted Fri 31/05/2013 12:00:00 / Read More »

Radio Rentals drives profit for Thorn

Radio Rentals, a brand of Thorn Group, achieved record installations and earnings, driving an increase in the company's revenue results.

Posted Tue 21/05/2013 12:00:00 / Read More »

Thorn Group reports strong results

Thorn Group recorded a 26.4 per cent increase in net profit after tax to $27.8 million and an increase of 34 per cent in cash net profit after tax to $29 million.

Posted Wed 23/05/2012 12:00:00 / Read More »

Thorn Group profits climb 30%

Speaking about the results, Thorn Group managing director John Hughes said the success of the company’s core rental businesses was a key factor in the strong profits.

Posted Wed 23/11/2011 12:00:00 / Read More »

Thorn Group chairman to step down

ernard Carrasco announced that he will step down as chairman of the board on 30 September 2011, and will retire as a director in March 2012.

Posted Tue 02/08/2011 12:00:00 / Read More »

Renting essentials becoming favourable

Radio Rentals' findings support suggestions that the tough economic conditions of recent years are having an impact on consumer spending and people are turning to rental agreements.

Posted Mon 11/07/2011 12:00:00 / Read More »

Thorn sees 40% profit increase

A spokesperson for Thorn Group welcomed the figures, saying they had been driven by a 7.5 per cent customer growth in the Radio Rentals and Rentlo businesses.

Posted Wed 25/05/2011 12:00:00 / Read More »

Thorn acquires, upgrades full-year outlook

Thorn Group has upgraded its underlying period profit tax range to $22 million to $23 million for the full year ending 31 March, which is a 34 per cent to 40 per cent increase.

Posted Mon 21/03/2011 12:00:00 / Read More »

Thorn shifts focus from Big Brown Box

Owner of Radio Rentals, Thorn Group, has announced it will be strategically moving its investment elsewhere after deciding to exit its online retail venture, as a result of "difficult trading conditions".

Posted Thu 25/11/2010 12:00:00 / Read More »

Thorn welcomes new credit legislation

The company has received a licence that applies to all of its brands including Radio Rentals, Rentlo, Thorn Business Services and Cashfirst.

Posted Fri 15/10/2010 12:00:00 / Read More »

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