Harvey Norman chairman Gerry Harvey admits his online store will compete directly with his own franchisees in order to reach an online annual turnover of more than $1 billion within the next decade.
Mr Harvey announced last month he would be launching an online store in order to counter the threat of e-tailers, which have become increasingly popular on the back of the strong dollar.
He has now detailed the first part of the internet plan is to launch a centralised online store in June or July, The Australian Financial Review reports today. Read more.