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

Inside Retail

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. billion in 2024. Myer One currently has about 4.2 million engaged members of its 7.3

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Woolworths’ ballooning underpayments muddy a strong half

Inside Retail

Specifically, the retail conglomerate said it had incorrectly accounted for long service rules across various states, as well as failing to properly pay team members overtime rates. Supermarkets were strong, Big W struggled. million, though due to a higher cost of doing business net profit fell 6.5

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How dated stores could hurt Thai retail giant Big C’s sales rebound

Inside Retail

This was accompanied by a gross profit margin increase from 15.1 per cent and a net profit margin after tax of 3.4 Third quarter gross profit was particularly strong, coming in at 16.9 The pricing is sharp and can often be as low as what can be found in a traditional street market. per cent to 16.5

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

The big chains have almost certainly gained market share from a legion of small retailers as a result of Covid-19 trading restrictions, like supermarkets and hardware stores, which have benefited from trading exemptions. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. per cent to $142.4