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

Inside Retail

In Australia, the growing importance of loyalty programs could be seen in the half-year results of both Coles and Woolworths , the country’s leading supermarkets, which reported that the e-commerce, digital and loyalty aspects of the business were responsible for strong growth. billion in 2024. The Coles App had a 42.3

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Coles’ challenges for the year ahead: reining in costs and retail crime

Inside Retail

Despite consumers’ changing spending habits, Coles delivered a positive result on Tuesday, with sales at the Australia supermarket chain slightly up year on year. And while net profit was slightly down from FY22, this still resulted in more than $1 billion being added to the business. Is inflation embedded?

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How Coles’ half-year results underscore Cain’s legacy

Inside Retail

Coles’ sales were reasonably good , [and it] had very positive results in EBIT and net profit,” Mortimer told Inside Retail. “If If you compare that to Best & Less’ numbers that came out [on Tuesday], it had good sales [up 13 per cent] but awful profit numbers [down 33 per cent] – it’s like a tale of two cities.”

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To Thrive in the New Global Ecommerce Marketplace, Toys ‘R’ Us may Need to Think Small

Retail TouchPoints

But it turned out that the emporium of toys, games and fun could not in the end withstand the relentless competition and margin hits from the internet and supermarket retailers. brand management company WHP Global has bought a controlling interest in Tru Kids, which owns the Toys ‘R’ Us brand. and abroad. In 2017, the U.S.

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

With overseas travel unlikely to regain momentum before 2022, retail would be expected to continue to benefit from consumer spending, but most major retailers are cautious in their forecasts of what lies ahead. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million net profit from $784.6