2022 Net Profit Planning 
Retail TouchPoints
MAY 18, 2023
SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,
Retail Gazette
JANUARY 23, 2025
Rituals is set to double down on its growth plans after topping 2bn (1.77bn) in sales for the first time in its 25-year history. As part of its expansion strategy, Rituals plans to open 240 new stores globally in 2025, including significant growth in the UK and Ireland. from 1.7bn (1.4bn) in 2023.
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Inside Retail
SEPTEMBER 13, 2022
Omnichannel retailers benefited from an increase in online sales with non-food online sales alone increasing by 29 per cent in the last 12 months ending June 2022. However, online channels usually have lower profitability margins compared with traditional brick and mortar stores. By March 2022, the savings rate had fallen back to 11.4
Inside Retail
AUGUST 18, 2021
per cent to $242 million, leading net profit to hit $76.9 per cent), the business continues to plan for growth. Newly launched Pivot will hit 15 stores by the end of 2022, while The Trybe will launch additional stores in the first half of the new financial year. billion – a 19.9 per cent jump on a Covid-19 impacted FY20.
Inside Retail
AUGUST 31, 2023
per cent over the first six months of 2022. The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 billion baht (US$1.1 billion baht.
Small Biz Trends
SEPTEMBER 10, 2022
Bergen County, New Jersey is opening a new small business grant program with its allocation of American Rescue Plan Act funds. The Downtown Hanover BLOOM Grant program is now accepting applications for its 2022 funding round. The program is funded through the state’s allocation of American Rescue Plan Act funds.
Inside Retail
SEPTEMBER 1, 2022
percent in the first half of 2022. enjoyed an increase in net profit of nearly 400 percent. Shinsegae has ambitious expansion plans in addition to continued capital expenditure to keep its existing trophy department stores up to date. The company plans to invest 20 trillion won (US$14.4 Online sales rose by 12.2
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