Remove Accounting Remove Consumer Remove Net Profit Remove Supermarket
article thumbnail

How scrutiny over prices could impact Coles’ and Woolworths’ loyalty programs

Inside Retail

In Australia, the growing importance of loyalty programs could be seen in the half-year results of both Coles and Woolworths , the country’s leading supermarkets, which reported that the e-commerce, digital and loyalty aspects of the business were responsible for strong growth. billion in 2024. Myer One currently has about 4.2

article thumbnail

Analysis: Why Premier Investments is bullish about the future

Inside Retail

With overseas travel unlikely to regain momentum before 2022, retail would be expected to continue to benefit from consumer spending, but most major retailers are cautious in their forecasts of what lies ahead. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million net profit from $784.6