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. This will ensure we’re getting products to our customers in the quickest and most effective way,” King said.

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Payment Services Net Profit Department Stores Planning 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. Statutory net profit after tax rose to $46.4 Online is now a $500-million-plus business. Myer lifted total sales 5.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

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 This was partially offset by higher operational costs associated with online fulfilment and ongoing investment in technology in Kmart.”.

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Net Profit Fulfillment Planning Management 246

Inside Retail

FEBRUARY 23, 2022

million, though due to a higher cost of doing business net profit fell 6.5 per cent, and rising e-commerce growth offset slowing in-store activity due to the Omicron wave. The discount department store did see strong online adoption through the half, since most stores were closed, with a 69.4

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Supermarket Net Profit Accounting Fulfillment 130