Inside Retail

SEPTEMBER 13, 2022

Additionally, congestion at the Port of Shanghai, the largest port in the world, appears to be easing. The average waiting time across all vessel types, including tankers, bulkers and containers, at Shanghai has reduced to 28 hours, which is down considerably from its peak average waiting time of 66 hours during the lockdown in China.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

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 Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half.

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Inside Retail

JANUARY 24, 2023

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. It plans to open six new stores, including one at Macquarie Centre in Sydney. Audited results will be announced on February 21.

Net Profit 130

Net Profit Planning Management Consumer 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

Inside Retail

JUNE 21, 2021

billion but is currently valued at just $250.4 The $56 million operating profit for the first half of the current financial year followed a 15 per cent reduction in costs, which included the rent reductions and floorspace sacrifice, as well as government support. Myer’s net profit of $42.9

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

AUGUST 15, 2021

billion and net profit for the year hitting $506 million – a 67.4 The Good Guys also saw sales growth at 13.7 Firstly, the business will launch a ‘group diversity and inclusion action plan’ with a focus on increasing the number of women in leadership positions across JB Hi-Fi and The Good Guys. Net-zero goal by 2030.

Net Profit 246

Net Profit Planning ATS 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

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

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 233

Net Profit Apparel Returns Location 233

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. “I’m Not on our ‘to do’ list.

Net Profit 245

Net Profit Planning Management Returns 245

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 million. “Our

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130

Inside Retail

FEBRUARY 24, 2022

Electronics and furniture retailer Harvey Norman Holdings says Covid has impacted its profits in the first half. Total system sales were estimated at $4.91 billion with EBIT at $754.41 Net profit after tax reached $430.91 The profits of the Australian franchising operations segment were estimated at $292.85

Net Profit 130

Net Profit Accounting Planning ATS 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

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. per cent), the business continues to plan for growth. million, up 38.6

Net Profit 130

Net Profit Store Operations Marketing Planning 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 57

Wholesale Merchant Services Net Profit Planning 57

Inside Retail

AUGUST 29, 2021

Net profit after tax was up more than 40 per cent to $2.4 Indeed, Wesfarmers plans to accelerate its online progress in the next 12 months with the development of a $100 million data and digital ecosystem that will help its retail businesses deliver more seamless and personal experiences. Bunnings reported a 12.5 per cent to $2.18

Net Profit 130

Net Profit Planning Returns Customer Experience 130

Inside Retail

SEPTEMBER 1, 2022

In the back of the net. The line launched with a pop-up on June 17 at Boon the Shop, a futuristic Shinsegae fashion emporium in Seoul, attracting a huge crowd that snapped up items as fast as they could, some of it quickly resold for a killing online. enjoyed an increase in net profit of nearly 400 percent. Going mega.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

AUGUST 24, 2022

The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 Modernisation, at a cost. Our strategic plans have adapted to meet the significantly higher e-commerce sales that we have now, [compared to] 2019,” Cain explained.

Net Profit 130

Net Profit Fulfillment Supermarket Shipping 130

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. It’s a 20-year plan, which is likely to cover multiple economic cycles.

Merchant Services 130

Merchant Services Supply Chain Management Net Profit Marketing 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

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. We are thrilled to be taking the reins of the world’s leading toy brand at a time when the category is up 16% and consumer demand for toys is at an all-time high.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

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. At the same time, he said there are other levers KMD Brands could pull to deal with inflation beyond simply raising prices.

Outdoor 130

Outdoor Net Profit Wholesale Marketing 130

Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ billion, while net profit after tax grew by 101.4 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

FEBRUARY 14, 2024

Williams’ global flagship store on Sydney’s George Street, which opened at the end of last year, revealing an industry-leading virtual showroom and customer service hub that is redefining the customer journey. At the heart of it all are the R.M. This focus can be seen in R.M. In 2023 alone, R.M. Power to its people R.M.

Net Profit 262

Net Profit Customer Experience Accessories Location 262

Inside Retail

JUNE 5, 2023

Seven more stores are planned for opening this year. billion THB, or about US$553 million (A$837 million) at current exchange rates. Net profit came in at 1.6 Thailand’s population has been growing at a rate of about 0.2 Forty of its 113 stores in Thailand are in the Greater Bangkok area. Revenues were 17.2

Marketing 130

Marketing Net Profit Sporting Goods Outdoor 130

Inside Retail

AUGUST 14, 2022

billion, net profit up 7.7 JB Hi-Fi is also planning to split its commercial operations into three distinct channels – tentatively titled JB Hi-Fi Business, JB Hi-Fi Education, and The Good Guys Commercial – along with a dedicated commercial telecommunications channel. per cent to $9.2 per cent to $544.9 per cent, to $1.6

Telecommunications 130

Telecommunications Net Profit Fulfillment Location 130

V Count

MAY 5, 2021

Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. net sales/number of employees. This metric can be used when planning your store layout. Improve space planning & store layout. Why measure gross and net profit?

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

Retail Bound

FEBRUARY 7, 2023

To run a profitable business, a company must sell its products or services at a high-enough price to cover both its variable and fixed costs. Once those dynamics are established, you can analyze price setting through the lens of profit margins and markups. If the business makes more than it spends, it is a net profit.

Net Profit 52

Net Profit Operating Expenses Finance Accounting 52

Small Biz Trends

JULY 31, 2022

. “Pay attention to actual profit and cash flow. net profit to the company can be very different from revenue coming in the door.” Budgeting monthly expenses, bookkeeping, analyzing profit and cash flow statements and financial planning are critical, detail-oriented tasks that demand a lot of attention.

Accounting 105

Accounting Finance Net Profit Wholesale 105

Inside Retail

JUNE 1, 2022

When Chinese collectables retailer Pop Mart launched a pop-up store at London Westfield in January of last year to test its concept in the UK, it expected the Asian diaspora to be its largest potential market demographic. The first physical UK store opened last January at Shaftesbury Avenue in central London. Its revenue rose 49.3

Marketing 130

Marketing Net Profit Planning Promotions 130

Mass Relators

MARCH 28, 2023

. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. WBA’s net profit of $703 million, or 81 cents a share, was down from $883 million, or $1.02 The company reported adjusted earnings per share of $1.16 on revenue of $34.9 percent to $1.1

Net Profit 52

Net Profit Wholesale Management Planning 52

Retail Gazette

APRIL 9, 2024

The Spanish beauty group , which owns 14 brands and several fragrance licences, is planning to list on the Barcelona, Madrid, Bilbao and Valencia stock exchanges, according to a regulatory filing on Monday. Bankers have valued the 110-year-old family-owned business at between £6.9bn (€8bn) and £8.6bn (€10bn).

Net Profit 102

Net Profit Accounting Marketing Planning 102

Inside Retail

SEPTEMBER 13, 2023

Omnichannel shoppers frequently spend more with a brand than single-channel shoppers, and this is also true at Myer, King said. billion, with $71 million in net profit, up 18 per cent year on year. The ability to have both is complementary.” Myer lifted its sales 12.5 per cent year on year in FY23, to $3.3

Net Profit 130

Net Profit Department Stores Wholesale Consumer 130

V Count

OCTOBER 5, 2022

In order to stay in business and keep your doors open, you need to find ways to increase those profit margins. However, running a retail store and aiming for a higher profit margin requires not just planning but also a lot of hard work. Why Should You Care About Retail Profit Margins. Value pricing. Bundle pricing.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

AUGUST 22, 2023

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. The higher your GMROI, the better you are at wringing profit from your product mix and inventory levels.

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41