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Domino’s Pizza profit slumps as inflation hits consumer spending

Inside Retail

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

Consumer 246
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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. Nearshoring is a key component of SHEIN’s business model, allowing the company to maintain the speedy fulfillment times that have helped drive its popularity with consumers.

Planning 243
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Health Brand Jocko Fuel’s Amazon Success Formula: ‘Fight AI with AI’

Retail TouchPoints

If you didn’t have a connection at Walmart or Target or CVS , you had no chance to bring your brand to market, even if you had the best product in the world. They’ve given small, startup brands the opportunity to put their product in front of consumers in a really unique way.”. Fighting AI with AI’.

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Recovery mode: What QSR chains can learn from Domino’s FY23 performance

Inside Retail

It stands to reason that quick-service restaurants like Domino’s would be well positioned in a challenging economic environment, with consumers seeking affordable luxuries. However, a series of management missteps contributed to an underwhelming financial performance for the pizza behemoth in FY23. While total food sales grew by 2.2

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Myer bounces back to profitability, names new chair

Inside Retail

billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 The result, according to CEO John King, is due to the business’ ability to thrive despite the extraordinary market conditions, and a continued focus on its online channel.

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

Inside Retail

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 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. billion in 2024. Comparatively, Woolworths reported a 2.17

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Lifestyle, leisure drive record year for Super Retail

Inside Retail

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 Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45 At Supercheap Auto sales increased to $1.31