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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Meanwhile, its net profit fell by over 30 per cent to $8.3 About 70 per cent of what we sell is drop-ship, so there’s no inventory. Temple & Webster recorded $396 million in revenue in FY23, down from $426.3 million in the year prior. million, down from $12 million in FY22. million were down compared to $16.2

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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

per cent lift in net profit to $2.07 billion, impacted by low market growth in the first half and the restrictive lockdown in H2, and EBIT dropped 4.6 Woolworths invested a lot of capital but also management expertise into that business. Its full year results, released on Thursday, showed a 77.8 per cent to $39.2