Inside Retail

SEPTEMBER 13, 2023

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. . ” Net profit rose 18.2

Net Profit 278

Net Profit Department Stores Returns Store Operations 278

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 These figures came amid the important ‘ back to school’ trading period, as kids returned to in-person learning.

Department Stores 246

Department Stores Net Profit Returns Accessories 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. CBD locations were particularly hard hit, with comparable store sales down 22.3 Statutory net profit after tax rose to $46.4

Planning 130

Planning Net Profit Department Stores Fulfillment 130

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

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