Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

JULY 25, 2022

Department store group Myer says its sales will nudge $3 billion for the full year as burgeoning online sales and “positive outcome” across all metrics drove solid growth, despite the loss of trading days to Covid during the second half. Based on unaudited accounts, sales for the year will range between $2.85

Net Profit 246

Net Profit Department Stores Accounting ATS 246

Inside Retail

OCTOBER 31, 2021

Department store David Jones has clawed its way back into the black, according to a report in The Australian , after posting its first net profit since 2018. Accounts lodged with ASIC by David Jones’ holding firm Osiris Holdings tell of a healthy net profit of $83.4

Net Profit 130

Net Profit Department Stores Accounting Returns 130

Inside Retail

MARCH 3, 2024

Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. million having purchased products at the members-only price.

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

JUNE 21, 2021

The viability of the two iconic department store chains, Myer and David Jones, has been seriously analysed and debated since a merger proposal by Myer was revealed in 2014. The financial collapse of traditional US and UK department stores and the impact of the pandemic has increased industry scrutiny on Myer and David Jones.

Department Stores 113

Department Stores ATS Net Profit Planning 113