Kogan Technologies Blog has an interesting piece on the current GST-free retail world that Myer and now Harvey Norman are wishing for. Gerry Harvey has announced he wants to follow in Myer's footsteps by offering a China-based website to sell direct to Australian Shoppers, GST free.
The blog pulls up some interesting points, but personally I do not see the point - Harvey Norman and Myer need to realise, like any retailer (with myself working in the IT retail sector as well as the super-hero posting TweakTown magician) that retail cannot continuously go up and up and up. It will fall eventually.
When customers fall, business will come down - you think of different ways to get customers into your store but shifting your business into an online store and directly exporting from China does not sound like a confident move for any company to do.
Give the blog a look, it's an interesting read.
Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.