Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Retail TouchPoints

OCTOBER 23, 2023

While discounts and deals will be core, the ailing department store chain is also prioritizing in-store merchandising and curation to improve the customer experience. To make finding the perfect gift even easier, Kohl’s has developed a new front-of-store experience, aptly called Gift Shop, that is curated for various holiday gifting needs.

Net Profit 274

Net Profit Department Stores Promotions Checkout 274

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 per cent compared to the first half of FY2022, to $174.3 Group sales were also up by 17.6 per cent on the same period.

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

SEPTEMBER 13, 2022

per cent increase in department stores and a 3.3 With increased wage costs, lack of manpower, and continued investment in digital platforms and data infrastructure with the growth in online shopping, retailers must act. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

JUNE 3, 2021

After a blockbuster first half that saw net profit soar 46.5 per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half. The post The Reject Shop’s sales remain sluggish into second half appeared first on Inside Retail.

Net Profit 246

Net Profit Shopping Accounting Location 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

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 If you’re spending $3000 on a coffee machine, you want to inspect it and talk to someone about it in-store,” he said.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147