Inside Retail

MARCH 3, 2024

In Australia, the growing importance of loyalty programs could be seen in the half-year results of both Coles and Woolworths , the country’s leading supermarkets, which reported that the e-commerce, digital and loyalty aspects of the business were responsible for strong growth. million having purchased products at the members-only price.

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

AUGUST 17, 2021

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8

Supermarket 246

Supermarket Net Profit Markdowns Checkout 246

Inside Retail

JUNE 7, 2023

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 per cent, well behind the rate of inflation.

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

AUGUST 21, 2023

Despite consumers’ changing spending habits, Coles delivered a positive result on Tuesday, with sales at the Australia supermarket chain slightly up year on year. And while net profit was slightly down from FY22, this still resulted in more than $1 billion being added to the business. Is inflation embedded?

Supermarket 130

Supermarket Net Profit Fulfillment Returns 130

Inside Retail

FEBRUARY 21, 2023

After five years at the helm, Cain will be handing over the reins to Coles’ chief of commercial and express Leah Weckert on 1 May. While Cain’s resignation came as a surprise, he told analysts on Tuesday that he had always intended for his role at Coles to be his last executive position.

Net Profit 130

Net Profit Supermarket Consumer ATS 130

Retail TouchPoints

JULY 29, 2021

The toy seller, which at its peak had more than 1,500 stores around the world, was part of the fabric of American childhood for more than half a century. But it turned out that the emporium of toys, games and fun could not in the end withstand the relentless competition and margin hits from the internet and supermarket retailers.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

Inside Retail

FEBRUARY 22, 2022

Group net profit after tax on continuing operations declined by 6.5 E-commerce sales were estimated at $3.48 Across its Australian food division, total sales growth was solid at 3.4 However, earnings before tax and interest fell 11 per cent to $1.38 per cent to $795 million. per cent to $1.2 per cent to 13.3

Net Profit 130

Net Profit Consumer Marketing ATS 130