Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. These figures came amid the important ‘ back to school’ trading period, as kids returned to in-person learning. per cent compared to the first half of FY2022, to $174.3

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

AUGUST 11, 2021

The fight for board control of department store Myer will be decided in the next few months, with the firm’s AGM likely to run in late October, but Solomon Lew’s major stake in the business could well be diluted by the time to vote. Department store sales up this year. million, up 5.5 per cent to $539 million.

Department Stores 246

Department Stores ATS Net Profit Returns 246

Inside Retail

MARCH 8, 2023

They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. billion, while net profit after tax grew by 101.4 For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

NOVEMBER 10, 2022

Former Myer managing director Terry McCartney has joined the department store’s board as a non-executive director. Myer chairman JoAnne Stephenson said that it acknowledged the deep experience and expertise of McCartney, and that conflicts of interest, actual or perceived, could be managed within its policies.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

AUGUST 29, 2021

billion, as store closures during sporadic Covid-19 lockdowns throughout the year forced customers to shop online. Net profit after tax was up more than 40 per cent to $2.4 Australian retail conglomerate Wesfarmers reported its full-year results on Friday , revealing a 10 per cent increase in revenue to $33.9

Net Profit 130

Net Profit Planning Returns Customer Experience 130