Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 14, 2023

It has been one of the most consistent performers in the industry, and often showcases the trends in consumer spending. per cent growth, while net profit fell 3.7 per cent growth, while net profit fell 3.7 We’re resonating much more strongly in today’s market with customers,” Smart said. per cent to $9.63

Net Profit 246

Net Profit Marketing Consumer Retail Marketing 246

Retail TouchPoints

SEPTEMBER 27, 2021

If you didn’t have a connection at Walmart or Target or CVS , you had no chance to bring your brand to market, even if you had the best product in the world. They’ve given small, startup brands the opportunity to put their product in front of consumers in a really unique way.”. You didn’t make any money.

Net Profit 231

Net Profit Advertising Accounting Marketing 231

Inside Retail

JUNE 17, 2022

Australian digital payment and lending firm Latitude Group on Friday terminated its $335 million offer to buy Humm Group’s consumer unit that includes its buy now, pay later (BNPL) business. Humm Group cited current disruptions in financial markets for the termination of the offer, in a statement to the bourse.

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

SEPTEMBER 15, 2021

billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 The result, according to CEO John King, is due to the business’ ability to thrive despite the extraordinary market conditions, and a continued focus on its online channel.

Department Stores 246

Department Stores Net Profit Shipping Management 246

Inside Retail

AUGUST 29, 2023

It stands to reason that quick-service restaurants like Domino’s would be well positioned in a challenging economic environment, with consumers seeking affordable luxuries. But with consumer behaviour still in flux post-Covid, the future of QSR is anything but certain. Clearly we are disappointed with the profitability of our stores.

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

JULY 5, 2022

Inditex’s other brands, including Zara and Massimo Dutti, however, will remain operating in the market. The withdrawal of the labels from China follows American Eagle Outfitters’ recent move to close its local e-commerce stores in the country, prompting its departure from the market.

Fast Fashion 130

Fast Fashion Net Profit Fashion Apparel 130

Inside Retail

MARCH 3, 2024

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 per cent increase in net profit in its half-year results in February, which grew to $929 million, with Woolies X being a major driver behind this growth. billion in 2024. Comparatively, Woolworths reported a 2.17

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. According to Daly the year ahead isn’t likely to be a walk in the park, despite the path out of lockdowns being phased into its key markets of Australia and New Zealand. per cent. “Rip

Net Profit 246

Net Profit Outdoor Wholesale Returns 246

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. According to Daly the year ahead isn’t likely to be a walk in the park, despite the path out of lockdowns being phased into its key markets of Australia and New Zealand. per cent. “Rip

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

AUGUST 17, 2021

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

Supermarket 246

Supermarket Net Profit Markdowns Checkout 246

Mass Relators

APRIL 25, 2024

“It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. Congress needs to pass the Credit Card Competition Act to fix the broken credit card market.” By contrast, net profit for general retail averages only 3 percent.

Merchant Services 52

Merchant Services Net Profit Payment Services Accounting 52

Inside Retail

JULY 18, 2021

As previously communicated to the market, the Company actively considers acquisitive growth opportunities from time-to-time having regard to the strategic rationale, available synergies, financial impact and the long-term value created for Nick Scali shareholders,” Nick Scali said in a letter to shareholders. million from $20.3 More to come.

Net Profit 147

Net Profit Shipping Management Consumer 147

Inside Retail

AUGUST 17, 2021

Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45

Net Profit 246

Net Profit Inventory Management Management Location 246

Inside Retail

AUGUST 29, 2021

“We are really excited to be partnering with her and the entire Go-To team to continue growing this business and increasing its availability to consumers worldwide.”. million while net profit surged 60.9 Adjusted revenue for the year rose by 8.6 per cent to $203.9 per cent to $23.7

Net Profit 130

Net Profit Consumer Marketing ATS 130

Inside Retail

NOVEMBER 16, 2023

I can’t wait to get to Australia and New Zealand to meet our team, customers and partners and continue the growth for Puma in the market,” said Pustina. Nicole Hubbard Graham will become the new chief marketing officer, succeeding Dirk-Jan “DJ” van Hameren, who will retire next summer after 31 years with the company.

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130

Inside Retail

AUGUST 26, 2021

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movement restrictions, signaling a 40 per cent jump in net profit to $2.38 billion, with Scott noting the business’ success was due to its resilient operating model and the ability to adapt to changing consumer needs.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

AUGUST 31, 2023

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 per cent, year-on-year, to 3.2 billion baht. Revenue from this source was 940.6 million baht, up 15.3

Net Profit 130

Net Profit Accounting Finance Planning 130

Inside Retail

JUNE 7, 2023

Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. Net profit was up by 8.9 Retail’s weak revenue growth showed up on the bottom line, with net profit from retail stores falling 12.8

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

AUGUST 15, 2023

Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Inside Retail

FEBRUARY 22, 2022

Group net profit after tax on continuing operations declined by 6.5 Partnerships with Marley Spoon, HealthyLife and Everyday Markets provided consumers with more offers and ways to earn points, boosting interest. . Woolworths Group has reported group sales growth of 8 per cent in the half-year to January 2, reaching $31.8

Net Profit 130

Net Profit Consumer Marketing ATS 130

Retail Times

APRIL 20, 2022

However, the net profit declared excludes the exceptional cost of €400m related to its decision to halt and transfer ownership of its business in Russia.

Net Profit 52

Net Profit Consumer Marketing ATS 52

Retail TouchPoints

AUGUST 20, 2020

Traditional retailers are sitting on a powerful competitive weapon, and they’ll continue to operate less efficiently, lose market share and leave millions in new revenue streams and profits on the table unless they pull the trigger. The Profit’s In The Data. Take a look at the net profits of most traditional retailers.

Advertising 186

Advertising Net Profit Kiosk Consumer 186

Inside Retail

SEPTEMBER 16, 2021

The growth in online and Myer One continues to underpin the value of this business, providing us relative market scale in online and a growing competitive advantage in Myer One,” King said. QUT professor of marketing and consumer behaviour Gary Mortimer believes this is a sign of years to come. per cent year on year.

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. We know the program is a highly valuable differentiator in the market.”. Loyalty is king.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

JANUARY 31, 2023

The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. LVMH appears to have been able to offset these challenges, with strong growth in the US, European and Japanese markets.

Fast Fashion 147

Fast Fashion Fashion Apparel Net Profit 147

Inside Retail

DECEMBER 1, 2021

Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 billion, an increase of US$50.7 billion on 2019. billion on revenues of US$386.1

Merchant Services 130

Merchant Services Payment Services Net Profit Sporting Goods 130

Inside Retail

MARCH 23, 2022

The increased cost of freight and raw materials are driving up prices at Rip Curl and Oboz, where consumers in some markets could soon pay more for items such as wetsuits and hiking boots than they did a few months ago. Sales were virtually flat at NZ$407.3 million compared to NZ$410.7 million the previous year.

Outdoor 130

Outdoor Net Profit Wholesale Marketing 130

Inside Retail

AUGUST 11, 2023

On Friday morning, baby-goods retailer Baby Bunting revealed a 51 per cent drop in net profit during FY23, though sales ticked up 1.7 We’re watching the consumer and the impacts around cost-of-living, but given the continuing economic uncertainty FY24 guidance cannot be given at this point in time.”

Net Profit 130

Net Profit Accounting Consumer Planning 130

Inside Retail

FEBRUARY 21, 2023

Coles’ sales were reasonably good , [and it] had very positive results in EBIT and net profit,” Mortimer told Inside Retail. “If If you compare that to Best & Less’ numbers that came out [on Tuesday], it had good sales [up 13 per cent] but awful profit numbers [down 33 per cent] – it’s like a tale of two cities.”

Net Profit 130

Net Profit Supermarket Consumer ATS 130

Retail TouchPoints

JULY 29, 2021

We are thrilled to be taking the reins of the world’s leading toy brand at a time when the category is up 16% and consumer demand for toys is at an all-time high. The toy market certainly had a very good pandemic, with families at home and keen to keep themselves and their children busy. Tesco in the UK and Carrefour in Europe.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

Inside Retail

AUGUST 25, 2021

Plus-size fashion firm City Chic has enjoyed the consumer-led switch to online retail, with 73 per cent of its FY21 total sales of $258.5 Heading into FY22 City Chic is focused on the strategy of delivering its significant product range to the global plus-sized market through its global digital and physical storefronts,” the business said.

Net Profit 100

Net Profit Fashion Marketing Consumer 100

Inside Retail

MARCH 8, 2023

billion, while net profit after tax grew by 101.4 per cent compared to the first half of FY20, which was unaffected by Covid-19 restrictions, while its market share was up by 28 basis points compared to the six months prior. For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Independent Retailer

MAY 17, 2022

The retail industry is redefining the shopping experience as consumer expectations and habits are changing. While all these business investments are important, the main takeaway of the last two years has been the importance of incorporating an ecommerce platform in order to create a more meaningful shopping experience for consumers.

Net Profit 77

Net Profit Payment Services Operating Expenses Clienteling 77

Inside Retail

JUNE 22, 2023

The company’s goals include establishing three enterprises that generate over RMB 1 trillion in revenue and RMB 70 billion in net profits, having five enterprises that rank on the Fortune Global 500 list, and bringing seven publicly listed companies to obtain a market value of RMB 100 billion.

Merchant Services 130

Merchant Services Supply Chain Management Net Profit Marketing 130

Retail Bound

FEBRUARY 7, 2023

Particularly in markets with increased volume and price pressure, proper pricing is a vital strategy for remaining competitive. It can also be a useful signaling mechanism to consumers. For example, higher prices tell some consumers that you have higher quality, or you wouldn’t be able to charge those prices.”

Net Profit 52

Net Profit Operating Expenses Finance Accounting 52

Mass Relators

MAY 22, 2023

CVS Health reported a net profit of $2.14 decline in adjusted operating income was primarily driven by a decline in the retailer’s pharmacy and consumer wellness segment, though that was partially offset by gains in its health services segment. billion, or $1.65 a share, compared with $2.36 billion, or $1.77

Net Profit 52

Net Profit Fulfillment Store Operations Management 52