article thumbnail

Can Kohl’s New Merchandising Strategy Create Holiday Magic?

Retail TouchPoints

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S. For example, Kohl’s has unveiled a new and improved holiday gift guide and is spotlighting its various omnichannel services.

article thumbnail

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

Inside Retail

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. per cent increase in net profit in the half, to $594 million, including an e-commerce revenue growth of 29.2 The X factor The “fresh food people” reported a 2.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Coles pockets $1 billion profit as Smarter Selling pays off

Inside Retail

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

article thumbnail

Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. per cent lift in net profit to $2.07 Its full year results, released on Thursday, showed a 77.8 Physical supermarket sales increased by 2.0 per cent to $39.2

article thumbnail

Meijer opens three new supercenters

Mass Relators

Customer usage of Shop & Scan, which allows shoppers to scan barcodes via a mobile app and bag their items as they shop, has made checkout easier. Inside stores, safety decals are visible on the floor where customers typically gather, and protective plexiglass shields are at every checkout station.

article thumbnail

Meijer marks supercenter’s 60th anniversary

Mass Relators

.” This new retail environment combined a complete supermarket with a full range of general merchandise, a café, a pharmacy and other services, selling all its merchandise through a single set of checkouts. The family was betting the company, taking an enormous gamble to offer shoppers unprecedented variety and convenience.

article thumbnail

8 Effective Ways to Increase Profit Margins in Retail

V Count

The ratio between a product’s cost base and its selling price is known as the profit margin. Additionally, to evaluate the overall health of the retail store, however, one looks at the net profit margin. Increase Retail Profit Margin With These 8 Ways. Focus on quality.