Remove 2020 Remove Consumer Remove Net Profit
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Analysis: a perfect retail storm is brewing

Inside Retail

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.

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Nick Scali forecasts bumper year ahead as third quarter delivers

Inside Retail

Due to this ongoing positive momentum, Nick Scali is forecasting its full-year EBITDA to hit $120 million and resulting net profit to fall in the range of $78 to $80 million – a 90 per cent increase on the year prior. The post Nick Scali forecasts bumper year ahead as third quarter delivers appeared first on Inside Retail.

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To Thrive in the New Global Ecommerce Marketplace, Toys ‘R’ Us may Need to Think Small

Retail TouchPoints

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. Profits at Barbie and Hot Wheels firm Mattel were $126.6 million for its FY 2020, compared to a loss of more than $200 million the previous year.

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Why Dollarama is just the latest global entrant in Australia’s discount market

Inside Retail

With todays consumers increasingly becoming budget-conscious, The Reject Shops offering appears to resonate with current market demands, particularly given the ongoing economic pressure that consumers are facing. However, despite the increase in sales, net profits saw a 36 per cent decline to $4.7

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How customer loyalty helped Myer bounce back

Inside Retail

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. During the Christmas rush, Myer saw sales growth of 17 per cent ending Jan 1, compared to the same period of 2020.

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Data Capital: The Competitive Weapon Most Retailers Have Yet To Fully Monetize

Retail TouchPoints

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.

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Latitude Group rescinds buyout offer for Humm’s BNPL business

Inside Retail

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. per cent to $0.510, hitting their lowest since March 2020 and extending losses to a fifth session, after the news came in.