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The Reject Shop’s sales remain sluggish into second half

Inside Retail

After a blockbuster first half that saw net profit soar 46.5 The company’s stores in CBD locations and large shopping centres have continued suffering compared to before the pandemic, with sales down 12 per cent compared on a 48 week period to 30 May. The remainder of the company’s store network traded up 0.9

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Why Thailand’s rainy season is a double-edged sword for its DIY chains

Inside Retail

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), an increase of 9.3 per cent over the first six months of 2022. billion baht.

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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Luxe is forecast to account for up to 60% of Shinsegae’s department store sales by 2024, a 50% rise from in share from the level in 2021. enjoyed an increase in net profit of nearly 400 percent. Duty-free experienced sales growth of more than 45 percent in the second quarter, including 253 percent at the airport locations.

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Analysis: Decision time looms at DJs and Myer boardrooms

Inside Retail

The retailer has also retreated from its plan to drive foot traffic and sales through an upmarket food offer in stand-alone stores and has terminated a co-location food concept selling fresh and packaged food in 35 BP service stations. Myer’s net profit of $42.9

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Top 4 Strategies to Maximize Your Sales During A Recession (2023)

Retalon

billion — a 9% increase from a year ago — while the retailer’s net profit grew by more than 6%. This method (across thousands of products and multiple locations) will maximize life cycle profitability. Todd Vasos, CEO of Dollar General, said the stores saw a rise in higher-income households shopping there too.

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

But within a few weeks, the local non-Asian population was accounting for four out of every five sales. million, and net profit attributable to shareholders grew 70 per cent, to $US157.2 For the first few days, that was the case, with 90 per cent of sales attributed to Asian customers. Its revenue rose 49.3

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WBA’s Q3 sales and earnings beat expectations

Mass Relators

The company posted a net profit of $1.2 per share, compared with a net loss of $1.71 Pharmacy sales, which accounted for 75.7% Footfall on the high street showed early signs of recovery amid a partial easing of strict lockdown measures, though travel locations in airports and train stations continued to face challenges.