Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

JUNE 3, 2021

After a blockbuster first half that saw net profit soar 46.5 per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half. The remainder of the company’s store network traded up 0.9 per cent during the same period.

Net Profit 246

Net Profit Shopping Accounting Location 246

Inside Retail

FEBRUARY 23, 2022

Specifically, the retail conglomerate said it had incorrectly accounted for long service rules across various states, as well as failing to properly pay team members overtime rates. million, though due to a higher cost of doing business net profit fell 6.5 It should be restored immediately. per cent to $795 million.

Supermarket 130

Supermarket Net Profit Accounting Fulfillment 130