Inside Retail

FEBRUARY 21, 2023

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

Consumer 246

Consumer Net Profit Management Marketing 246

Inside Retail

FEBRUARY 2, 2022

Sales at furniture retailer Nick Scali grew 5.4 million and profit fell slightly to $35.6 The company had to close 55 per cent of its store networks during the six month period, while also managing the widespread supply chain disruptions seen throughout the industry. Online sales revenue for the group was recorded at $13.7

Net Profit 246

Net Profit Management ATS 246

Retail TouchPoints

SEPTEMBER 27, 2021

“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

Net Profit 232

Net Profit Advertising Accounting Marketing 232

Inside Retail

MARCH 3, 2024

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.

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

MARCH 22, 2022

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 Group CEO and managing director Michael Daly said, the business maintained a strong focus on building its global brands. million (NZ$407.3 per cent, a loss of $5.13

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Inside Retail

JUNE 19, 2023

per cent, while turnover at physical stores was down by 12.5 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. million and $4.2

Net Profit 130

Net Profit Apparel Shipping Management 130

Retail TouchPoints

MAY 18, 2023

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 218

Planning Marketing Net Profit Finance 218

Inside Retail

JANUARY 24, 2023

.” He said the business will continue to invest in its best-pricing strategy while effectively managing its inventory and cost levels. If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million.

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

FEBRUARY 22, 2022

million and net profit after tax of $16.9 Gross margin percentage improved as the average selling price increased at the same time as the cost of goods sold reduced. . A continued focus on inventory efficiency and strong management of supply-chain costs influenced the business.

Net Profit 130

Net Profit Management ATS Accessories 130

Inside Retail

AUGUST 17, 2021

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

Net Profit 246

Net Profit Inventory Management Management Location 246

Inside Retail

AUGUST 23, 2021

Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 per cent to $3.5 million (compared to $26.8 million the year prior). Without taking these impacts into consideration, adjusted NPAT rose 43.2 per cent to $42.9 per cent to approximately $1.18

Net Profit 246

Net Profit Promotions Management Shopping 246

Inside Retail

MARCH 28, 2022

Trans-Tasman fashion retailer Hallenstein Glasson has reported a 40-per-cent reduction in half-year profit, citing Covid disruptions. million, with net profit at $11.91 Group sales fell 6.5 per cent to $170.63 million compared with the previous corresponding period. per cent of total group sales.

Net Profit 130

Net Profit Fashion Management ATS 130

Inside Retail

MARCH 2, 2023

BWX CEO departs amid flagging results By Dean Blake Global beauty and personal care business BWX’s group chief executive and managing director Rory Gration is departing the role after only 12 months, having served through a period which the business called “highly challenging and disruptive”.

Home Furnishings 130

Home Furnishings Net Profit Supermarket Management 130

Inside Retail

NOVEMBER 10, 2022

Former Myer managing director Terry McCartney has joined the department store’s board as a non-executive director. McCartney, who had the backing of Solomon Lew’s Premier Investments Fund, received 61 per cent support at Myer’s annual general meeting (AGM) on Thursday. Lew had been urging shareholders to support McCartney’s nomination.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

AUGUST 26, 2021

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movement restrictions, signaling a 40 per cent jump in net profit to $2.38 billion (up 10 per cent) over the last 12 months, according to managing director Rob Scott. Revenue at Bunnings increased 12.5

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

AUGUST 24, 2021

While the business’ first quarter was heavily impacted by store closures in Victoria, the remainder of the year saw improved performance and positive comparable store sales, with a gross margin of 77 per cent delivering a net profit of $27.7 million – 43 per cent up on last year.

Net Profit 130

Net Profit Jewelry Marketing Management 130

Inside Retail

SEPTEMBER 30, 2021

Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 million at the latter. Overall, however, sales at the group have fallen 18.9 million – 20 per cent higher than FY20. per cent to $92.7

Net Profit 130

Net Profit Inventory Management Fashion Management 130

Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. I think it’s one of the reasons they’re going global at such a [rapid] rate.” per cent compared to the first half of FY2022, to $174.3

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

NOVEMBER 16, 2023

Pustina will succeed Daniel Gutstein, who is stepping down from his position at the end of December. Pustina is currently Puma’s head of sales for Central Europe and has extensive experience in sports retail after holding significant roles at Hype Sports Innovation, Under Armour, and Adidas Group. “In

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130

Inside Retail

SEPTEMBER 30, 2022

Australian menswear retailer Yd is revamping its bricks-and-mortar experience with a radical new store design aimed at driving the next stage of the brand’s evolution. Launched in 1995, Yd has opened two new stores designed by the team at Landini Associates that offer a more spacious, modern shopping experience for customers. “We

Net Profit 246

Net Profit Apparel Outdoor Advertising 246

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.

Supermarket 130

Supermarket Net Profit Fulfillment Returns 130

Inside Retail

AUGUST 29, 2023

However, a series of management missteps contributed to an underwhelming financial performance for the pizza behemoth in FY23. Domino’s net profit also declined by about 74 per cent, with CEO and managing director Don Meij telling investors that the business would work to “rebalance the value equation.” per cent, to $201.7

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

MARCH 27, 2022

In the 26-week period ending 29 January, Premier lost 42,675 trading days to government-enforced lockdown measures aimed at controlling the spread of the Delta and Omicron variants of Covid-19, resulting in a 16 per cent drop in net profit to $163.6 We’re not looking at motorcar accessories, for example.

Net Profit 130

Net Profit Accessories Apparel Fashion 130

Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. Loyalty is king. Myer One has always been key to our business.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 By quickly taking decisive action we have succeeded in managing the negative effects of the pandemic,” she said. “We Gross margin rose by 2.8

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

365 Retail

APRIL 4, 2024

Georgia Hartley-Brewer, Senior Consultant at people advisory business New Street Consulting Group examines the reasoning behind this upwards industry trend. This, in turn, makes the old school catalogue look outdated, unfit for purpose, and leaves the business at risk of being outpaced by more forward-thinking competition.

Wholesale 59

Wholesale Merchant Services Net Profit Planning 59

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. brand management company WHP Global has bought a controlling interest in Tru Kids, which owns the Toys ‘R’ Us brand. Profits at Barbie and Hot Wheels firm Mattel were $126.6

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

Inside Retail

DECEMBER 12, 2022

In FY22, Lovisa more than doubled its net profit to $58 million, up from $27.7 Allegations from staff are coming thick and fast after former employee Marissa Tukuafu shared her experiences working at Lovisa on Tiktok and went viral. million a year prior. Lovisa staff speak up.

Net Profit 130

Net Profit Management ATS 130

Inside Retail

AUGUST 15, 2023

Meanwhile, its net profit fell by over 30 per cent to $8.3 Working with Israeli R&D company Renovai – as well as an internal team of data scientists, engineers and product managers – it is using generative AI to enhance product descriptions for over 200,000 products, as well as customer live chats, and a range of other uses.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Inside Retail

MARCH 8, 2023

billion, while net profit after tax grew by 101.4 The strength of Myer’s loyalty program was reflected in the brand winning Loyalty Program or Campaign of the Year at Inside Retail’ s Retailer Awards. For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85 per cent, to $65 million.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

JUNE 22, 2023

Today, JD is said to be the biggest retailer, online or otherwise, in China , and according to the strategic roadmap presented by CEO Sandy Xu at the company’s recent anniversary celebrations, it is just the beginning. JD.com also aims to contribute RMB 100 billion in taxes and create over 1 million jobs.

Merchant Services 130

Merchant Services Supply Chain Management Net Profit Marketing 130

Inside Retail

AUGUST 23, 2022

Group net profit rose 11 per cent to $495 million compared to a year prior, as did earnings per share which rose to 27.6 Inside Dan Murphy’s The Cellar store at Lane Cove. cents per share. Sobering research.

Planning 130

Planning Net Profit Returns Supermarket 130

Inside Retail

AUGUST 11, 2023

On Friday morning, baby-goods retailer Baby Bunting revealed a 51 per cent drop in net profit during FY23, though sales ticked up 1.7 We’re watching the consumer and the impacts around cost-of-living, but given the continuing economic uncertainty FY24 guidance cannot be given at this point in time.”

Net Profit 130

Net Profit Accounting Consumer Planning 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

Inside Retail

AUGUST 29, 2021

Net profit after tax was up more than 40 per cent to $2.4 Tim Riches, group strategy director at branding agency Principals, said this is in keeping with other major retailers that are moving beyond digital basics like click-and-collect. billion on strong sales growth in retail businesses Bunnings, Kmart Group, and Officeworks.

Net Profit 130

Net Profit Planning Returns Customer Experience 130

Small Biz Trends

MAY 10, 2022

Company management teams need to think about income tax. They Indicate Profitability. These statements provide a good picture of a company’s profitability. Take expenses and subtract revenues to get net profit for a reporting period. The amount of net income or total revenue a business makes.

Operating Expenses 98

Operating Expenses Net Profit Finance Accounting 98

Retail TouchPoints

AUGUST 20, 2020

Take a look at the net profits of most traditional retailers. The few retail and consumer goods leaders that have taken notice are vigorously investing in open source technologies, data management and data science skill sets to leverage their data. Think that’s a reach? Data As A Service. in-store and online.

Advertising 187

Advertising Net Profit Kiosk Consumer 187