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Harvey Norman is the flagship brand of Harvey Norman Holdings. Harvey Norman is mainly a household goods retailer – with items being sold in their stores including major appliances , small appliances , information technology (such as computers, printers and mobile phones), furniture, bedding, hardware (bathrooms) and flooring among other things.
It entered online sales in 2001. [5] As of 30 June 2015, Harvey Norman operated 277 stores in eight countries, with revenues of A$ 4.9 billion and net profit of A$ 165 million. [4] Page's base salary was A$ 2.07 million in 2014. [6] In 2021 Katie Page-Harvey was inducted into the Queensland Business Leaders Hall of Fame. [7]
Nik Papa was appointed General Manager in July 2010. Papa had previously been a Harvey Norman franchisee. [4]On 11 August 2011, Harvey Norman Executive Chairman Gerry Harvey announced that the Clive Peeters brand was "stuffed" and tainted beyond repair, admitting that it was a bad business decision for Harvey Norman to take over Clive Peeters in the first place.
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The first Harvey Norman store opened in a shopping centre in Auburn, in 1982, the same year as the sale. [3] Forbes, had estimated in 2001, that he was 37th richest person in Australia. By 2014, Ian Norman, who remained an executive, held 175 million shares of Harvey Norman, a 16.5% stake worth an estimated $560 million.
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