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Best & Less reports ‘inconsistent’ trading, revises profit expectations

Inside Retail

Discount apparel retailer Best & Less Group (BLG) says trading conditions were “inconsistent” through the March and April months of the second half year. In a trading update for the 19 weeks to May 14, sales were up 1.8 per cent to $221.9 million when compared to the previous corresponding period. Like-for-like sales were down 1.4

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Best & Less like-for-like sales slump, profit outlook lowered

Inside Retail

Discount apparel retailer Best & Less Group (BLG) says its sales fell 11.7 To “right-size” the business’ cost base, other expense management initiatives have been implemented however the full benefit of these actions and lower product and shipping costs will not be seen until later this calendar year, it said.

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10 Online Businesses for Sale in April

Small Biz Trends

Established in 2001, Legendary USA is an eCommerce business selling Made in USA leather motorcycle apparel and military jackets. The company has multiple sales channels that is responsible for shipping 440 orders per day. The company ships high-quality meats to customers’ doors every 4,6 or 8 weeks.

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10 Most Important Ecommerce KPIs to Measure in 2023

Retalon

It is a prediction of the net profit you will gain from your relationship with a customer. Certain categories like apparel and shoes have inherently higher return rates. Setting the right expectations helps offset costs through lower shipping rates and restocking fees.