Ninemsn:
Retailer Harvey Norman came out yesterday and said that sales from its franchised stores were up 7.7% over the last five months and that it now expects first half profit to increase by more than 40%. Chairman Gerry Harvey chimed in with the good cheer, saying he expected a good Christmas not just for Harvey Norman, but for the whole sector, with rising consumer confidence coming through to boost sales.
In fact, it would be hard to find anyone as full of Christmas cheer as Mr Harvey, who said he was “flabbergasted” that sales are as good as they are.
“Our sales this year are going to be an absolute record, this is going to be the biggest Christmas we have ever had, we are going to break all records,” he announced to the nation during a Nine Network TV interview. More.