Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 14, 2023

per cent growth, while net profit fell 3.7 The JB advantage JB Hi-Fi Group’s chief executive Terry Smart told analysts and investors that the business has a number of competitive advantages in the market, such as a younger customer base and semi-discretionary items, including phones and laptops, still performing well.

Net Profit 246

Net Profit Marketing Consumer Retail Marketing 246

Inside Retail

MARCH 3, 2024

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 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. billion in 2024.

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Retail Gazette

APRIL 29, 2024

Vinted, the online marketplace for secondhand fashion, has made a profit for the first time following a “strong” year of growth. The Lithuanian business made a net profit of €18m last year versus a loss of €20m in 2022. Founded in 2008, Vinted was last valued at €3.5bn in May 2021.

Net Profit 62

Net Profit Fashion Shipping Planning 62

Mass Relators

APRIL 25, 2024

“It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. Congress needs to pass the Credit Card Competition Act to fix the broken credit card market.” By contrast, net profit for general retail averages only 3 percent.

Merchant Services 52

Merchant Services Net Profit Payment Services Accounting 52

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 17, 2022

Humm Group cited current disruptions in financial markets for the termination of the offer, in a statement to the bourse. BNPL firms have seen their market value shrink rapidly as interest rate hikes to tame rising inflation fuelled concerns about a slowdown in consumer finance. Shares of Humm Group fell as much as 11.3

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth.

Net Profit 246

Net Profit Outdoor Wholesale Returns 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 However, with its inventory now approaching an appropriate level for the business and the market, Kogan expects an improved operations moving forward. per cent to $3.5 million (compared to $26.8

Net Profit 246

Net Profit Promotions Management Shopping 246

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth.

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

MARCH 24, 2022

Premier investments’ online channels have contributed significantly to group’s half-year profit despite volatile trading conditions in its first-half results. million in the half, while online sales were recorded at $195.4 Net profit after tax was registered at $163.6 Group sales increased 0.6

Net Profit 130

Net Profit Marketing ATS Accessories 130

Inside Retail

NOVEMBER 16, 2023

Pustina will succeed Daniel Gutstein, who is stepping down from his position at the end of December. I can’t wait to get to Australia and New Zealand to meet our team, customers and partners and continue the growth for Puma in the market,” said Pustina. Dogan’s most recent role was as president of Amazon Fashion.

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130

Retail TouchPoints

JULY 11, 2022

Kohl’s has launched Discover @ Kohl’s, an in-store experience that curates new, seasonally relevant brands throughout 600 locations and online at Kohls.com. We couldn’t be more excited to introduce customers to Discover @ Kohl’s this back-to-school season,” said Ron Murray, Interim Chief Merchandising Officer at Kohl’s in a statement.

Net Profit 228

Net Profit Apparel Returns Location 228

Inside Retail

JUNE 21, 2021

Myer floated on the Australian Securities Exchange in 2009 with a market capitalisation of $2.4 billion but is currently valued at just $250.4 Myer’s net profit of $42.9 The post Analysis: Decision time looms at DJs and Myer boardrooms appeared first on Inside Retail.

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

AUGUST 11, 2022

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 “We continued to grow our market share at the same time as we delivered very strong gross profit growth. The baby goods retailer says sales grew 8.3 per cent to $507.3 per cent to $19.5

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130

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, 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 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

JUNE 7, 2023

Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. In its first quarter results released in May, the Makro side of the Siam Makro business reported year-on-year sales growth of 13 per cent, with same-store sales growth at 10.9

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

AUGUST 29, 2023

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.” Clearly we are disappointed with the profitability of our stores. [We] Consumers can sometimes see this fee as an extra tax or a profit margin.

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

AUGUST 15, 2023

Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

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 Revenue at Bunnings increased 12.5 billion (up 10 per cent) over the last 12 months, according to managing director Rob Scott.

Net Profit 246

Net Profit Fulfillment Planning Management 246

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

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

Inside Retail

MARCH 27, 2023

The group – which owns and operates brands including Dotti, Peter Alexander, Just Jeans, Smiggle, Portmans and Jacqui E, and features over 1,100 stores across six countries – saw net profit after tax rise by 6.5 But my general view is they’ve done a great job and are maxing out the domestic market physically.

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

NOVEMBER 8, 2023

Even the name Moshi Moshi is a Japanese phrase – it’s an informal way of saying “hello” when answering a phone call from a family member or friend – and given the love of Thai people for Japanese culture and products, that isn’t such a bad marketing tool. per cent, as was the net profit margin of 14.5

Home Furnishings 130

Home Furnishings Net Profit Target Market Visual Merchandising 130

Inside Retail

NOVEMBER 10, 2022

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. McCartney is also a director at Premier Investments and its subsidiary The Just Group, which runs Just Jeans, Smiggle, Portman’s and Peter Alexander. per cent increase in sales.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

AUGUST 29, 2021

million while net profit surged 60.9 Despite continual Covid-19 related retail lockdowns, we achieved growth in sales, gross margin and profit, with increased market share across our core categories of skincare, body and hair,” he said. Adjusted revenue for the year rose by 8.6 per cent to $203.9 per cent to $23.7

Net Profit 130

Net Profit Consumer Marketing ATS 130

Retail Times

APRIL 20, 2022

However, the net profit declared excludes the exceptional cost of €400m related to its decision to halt and transfer ownership of its business in Russia.

Net Profit 52

Net Profit Consumer Marketing ATS 52

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. We know the program is a highly valuable differentiator in the market.”. Loyalty is king.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

SEPTEMBER 16, 2021

The growth in online and Myer One continues to underpin the value of this business, providing us relative market scale in online and a growing competitive advantage in Myer One,” King said. QUT professor of marketing and consumer behaviour Gary Mortimer believes this is a sign of years to come. per cent year on year. per cent to $2.7

Planning 130

Planning Net Profit Department Stores Fulfillment 130

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 We ended the year strongly with sales back at the same level as before the pandemic and with profitability better than it has been for several years.”.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Inside Retail

MARCH 2, 2023

per cent, EBITDA fall 650 per cent, and net profit free-fall 1,767 per cent to a $100 million loss. “I Additionally, Coles’ former chief marketing officer Lisa Ronson has joined the business as an independent non-executive director of the company’s board, as well as the chair of its people and culture committee.

Home Furnishings 130

Home Furnishings Net Profit Supermarket Management 130

Mass Relators

FEBRUARY 5, 2024

net profit margin. There are a variety of external factors that impact costs at various stages of the supply chain that are beyond the control of food retailers, such as energy, labor and transportation. The post FMI’s Sarasin: Focus on data, not politics appeared first on MMR: Mass Market Retailers.

Net Profit 52

Net Profit Marketing ATS 52

Inside Retail

AUGUST 16, 2022

However, its net profit before tax fell 31 per cent compared to last year to $13.2 Temple and Webster’s chief executive Mark Coulter said that despite significant macro-economic trends impacting certain parts of the industry, the business had delivered a solid year, and that he expects FY23 to be more profitable.

Net Profit 130

Net Profit Wholesale Shipping Marketing 130

Inside Retail

AUGUST 18, 2021

per cent to $242 million, leading net profit to hit $76.9 Chief executive Daniel Agostinelli said, given the fact the industry has been hit by 14 separate lockdowns throughout the year, it was a result the team at Accent should be proud of. Earnings before interest, taxes, depreciation and amortisation jumped 19.3

Net Profit 130

Net Profit Store Operations Marketing Planning 130

Inside Retail

MARCH 23, 2022

The increased cost of freight and raw materials are driving up prices at Rip Curl and Oboz, where consumers in some markets could soon pay more for items such as wetsuits and hiking boots than they did a few months ago. Sales were virtually flat at NZ$407.3 million compared to NZ$410.7 million the previous year.

Outdoor 130

Outdoor Net Profit Wholesale Marketing 130