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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Two of the nations major employers, with a combined workforce of 320,000 staff and about a 66 per cent share of the grocery market, Woolworths and Coles endured a 2024 they would no doubt rather forget. billion net profit for the last financial year, with a year-high share price of $19.40 to as low as $29.19

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Klarna Takes Another Step Toward IPO as it Showcases Profitability and New Walmart BNPL Deal

Retail TouchPoints

In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. since 2015 , handled $105 billion in gross merchandise value (GMV) and has 93 million active customers and 675,000 merchants using its services. The Sweden-based company, which has operated in the U.S.

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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.” ” Net profit rose 18.2 million for the 12 months to July 29, the highest since 2015. Statutory net profit rose 23.3 per cent to $71.1

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The Profitability Challenge: Why SKU-Level Visibility Matters

Retail TouchPoints

As an advisor for industry groups such as the Ascendant Network and the Digital Shelf Institute Executive Forum, I‘m surprised to hear my industry friends are still frustrated by ongoing online profitability hurdles. Julie Bernard is Chief Marketing Officer at Tradeswell. Due to the fact that each platform has a myriad of fees (e.g.