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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

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.

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The Reject Shop’s sales remain sluggish into second half

Inside Retail

After a blockbuster first half that saw net profit soar 46.5 The company’s stores in CBD locations and large shopping centres have continued suffering compared to before the pandemic, with sales down 12 per cent compared on a 48 week period to 30 May.

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Myer CEO John King reveals the reasons behind its record first half

Inside Retail

They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. billion, while net profit after tax grew by 101.4 It’s no use having 70 stores, if 20 are consistently making a loss. per cent to almost $1.85