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.

Payment Services 246

Payment Services Net Profit Department Stores Planning 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 billion, with Scott noting the business’ success was due to its resilient operating model and the ability to adapt to changing consumer needs.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. per cent to $2.7

Planning 130

Planning Net Profit Department Stores Fulfillment 130