Inside Retail

MARCH 27, 2023

The group – which owns and operates brands including Dotti, Peter Alexander, Just Jeans, Smiggle, Portmans and Jacqui E, and features over 1,100 stores across six countries – saw net profit after tax rise by 6.5 But my general view is they’ve done a great job and are maxing out the domestic market physically.

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

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

Inside Retail

AUGUST 25, 2021

Given the level of uncertainty [in the market] and the [$172 million] loss incurred last year by Myer, Premier is requesting that Myer immediately update the market on its expected FY21 results.” Myer’s half year results, however, did see the business recover slightly – with a net profit after tax of $42.9 million, up 8.4

Net Profit 130

Net Profit Department Stores Marketing 130

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. We know the program is a highly valuable differentiator in the market.”.

Payment Services 246

Payment Services Net Profit Department Stores Planning 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

JUNE 21, 2021

The viability of the two iconic department store chains, Myer and David Jones, has been seriously analysed and debated since a merger proposal by Myer was revealed in 2014. The financial collapse of traditional US and UK department stores and the impact of the pandemic has increased industry scrutiny on Myer and David Jones.

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

JUNE 7, 2023

Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. In its first quarter results released in May, the Makro side of the Siam Makro business reported year-on-year sales growth of 13 per cent, with same-store sales growth at 10.9

Net Profit 130

Net Profit Finance Supermarket Wholesale 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 Catch’s earnings were also impacted by investments in technology, marketing and fulfilment capabilities to support further growth.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

NOVEMBER 10, 2022

per cent, with comparable store sales growth of 15 per cent. million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 We have a different set of information, to the information that’s become vulnerable in the market,” she said.

Net Profit 245

Net Profit Planning Management Returns 245

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

Supermarket 130

Supermarket Net Profit Accounting Fulfillment 130