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Domino’s Pizza profit slumps as inflation hits consumer spending

Inside Retail

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 per cent, as orders were impacted by the impact of inflation on consumer spending. The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 million on global sales of $1.97

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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. The company has reportedly set a target to grow revenue by 40% this year, which will be propelled, at least in part, by an expansion of its EMEA business.

Planning 228
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Health Brand Jocko Fuel’s Amazon Success Formula: ‘Fight AI with AI’

Retail TouchPoints

“The one advantage we have over big brands is speed,” said Masciantonio, a 23-year CPG veteran who spent time at Johnson & Johnson, General Mills and Nature’s Bounty before joining Jocko Fuel. My decision-making at Jocko Fuel is three text messages. Humans just can’t move at the pace of Amazon.”. “We

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KMD Brands profit dives through first half

Inside Retail

Group sales for the half were recorded at $379.95 million) while underlying EBITDA was estimated at $9.52 The business’ net profit after tax fell 124.7 per cent in the first half while direct-to-consumer (DTC) same-store sales climbed up 2.1 million (NZ$407.3 per cent, a loss of $5.13

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Solid Christmas trading failed to offset slow summer start for Best & Less

Inside Retail

Poor consumer demand and falling foot traffic dented Best & Less Group’s first-half profits. However, tax-paid profit for the half fell 31.8 ” He said the business will continue to invest in its best-pricing strategy while effectively managing its inventory and cost levels. per cent to $13.7 per cent. .”

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

Inside Retail

million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. million having purchased products at the members-only price. per cent increase in net profit in its half-year results in February, which grew to $929 million, with Woolies X being a major driver behind this growth.

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Lifestyle, leisure drive record year for Super Retail

Inside Retail

Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 At Supercheap Auto sales increased to $1.31 Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45