2020 Net Profit Shopping 
Inside Retail
FEBRUARY 15, 2024
per cent as of June 30 last year and 98 per cent at the peak of the pandemic (December 2020). Statutory net profit after tax rose to $223.5 During the six months, Vicinity entered into contracts for asset sales to fully fund the acquisition of the remaining 49 per cent of Chatswood Chase Sydney shopping mall. “1H
Inside Retail
AUGUST 23, 2021
Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 per cent to $3.5 million (compared to $26.8 million the year prior). Without taking these impacts into consideration, adjusted NPAT rose 43.2 per cent to $42.9 per cent to approximately $1.18
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Inside Retail
SEPTEMBER 13, 2022
per cent in June 2020. With increased wage costs, lack of manpower, and continued investment in digital platforms and data infrastructure with the growth in online shopping, retailers must act. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined.
Inside Retail
APRIL 1, 2025
The Canadian convenience chain Dollaramas recent acquisition bid for The Reject Shop highlights a growing trend of international retailers assessing Australias discount market. Walker provided further insight into the strategic moves that positioned The Reject Shop for this acquisition. First thing is to look at Dollarama itself.
Retail TouchPoints
JULY 29, 2021
A toy shop that gave the world Barbie, Mr. Potato Head and other wonderful creations. 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. LEGO also reported a strong year with net profit up almost 20% to DKK 9.9
Inside Retail
DECEMBER 1, 2021
In the last financial reporting year, covering calendar 2020, the world’s top 20 technology companies booked revenues of US$2.1 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. This represented an increase of US$135.2
Retail TouchPoints
AUGUST 20, 2020
Take a look at the net profits of most traditional retailers. Even Microsoft’s CEO, Satya Nadella, issued what amounted to a call to arms to retailers at the end of his NRF 2020 convention keynote in January. It’s important to note that the vast majority of consumers still shop in-store. Think that’s a reach?
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