Inside Retail

OCTOBER 3, 2022

NZX-listed fashion retailer Hallenstein Glasson has reported a 23 per cent drop in net profit for the year ended August 1 to AUD39,83 million despite sales growth in the second half. per cent against the prior year, accounting for 27.88 per cent growth in sales with net profit increasing 16.4 per cent to AUD547.05

Net Profit 130

Net Profit Fashion Accounting Marketing 130

Inside Retail

JUNE 3, 2021

After a blockbuster first half that saw net profit soar 46.5 per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half. The post The Reject Shop’s sales remain sluggish into second half appeared first on Inside Retail.

Net Profit 246

Net Profit Shopping Accounting Location 246

Inside Retail

FEBRUARY 23, 2022

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. million, though due to a higher cost of doing business net profit fell 6.5 It should be restored immediately. per cent to $795 million.

Supermarket 130

Supermarket Net Profit Accounting Fulfillment 130

Independent Retailer

MAY 17, 2022

The retail industry is redefining the shopping experience as consumer expectations and habits are changing. While all these business investments are important, the main takeaway of the last two years has been the importance of incorporating an ecommerce platform in order to create a more meaningful shopping experience for consumers.

Net Profit 77

Net Profit Payment Services Operating Expenses Clienteling 77

Inside Retail

JANUARY 4, 2023

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 shopping centres need a facelift too. It leases the shop space to junior anchors and small tenants that pay Big C rent.

Net Profit 130

Net Profit Kiosk Supermarket Shopping 130

Inside Retail

SEPTEMBER 1, 2022

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. billion, and the expectation is for more double-digit percentage growth over the next couple of years. Online sales rose by 12.2

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

APRIL 8, 2021

The scorn has come from shopping centre owners, retailers, politicians and others, due to Premier Retail’s refusal to return any of the JobKeeper support payments it received and rent concessions it extracted on its way to $188.2 million net profit from $784.6 million in global sales. million total revenues.

Net Profit 130

Net Profit Fashion Supermarket Accounting 130