Inside Retail

NOVEMBER 23, 2023

Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. The company booked a net profit of $8.2 million in the 12 months ended July 30, up 3.5 times from last year.

Net Profit 264

Net Profit Inventory Management Accessories Apparel 264

Inside Retail

AUGUST 21, 2023

And while net profit was slightly down from FY22, this still resulted in more than $1 billion being added to the business. The Victorian warehouse isn’t likely to be ready until mid-FY25, and, at this point, Coles doesn’t expect to see the full benefit of these fulfilment centres until FY26. The price of food grew 6.7

Supermarket 130

Supermarket Net Profit Fulfillment Returns 130

Inside Retail

SEPTEMBER 16, 2021

In July, Myer announced it had signed a 10-year lease on a new 40,000-square-metre national distribution centre (NDC) in Victoria that will enable it to get products into stores and fulfil online orders more quickly. Statutory net profit after tax rose to $46.4 King called it “transformational” for the business. per cent to $2.7

Planning 130

Planning Net Profit Department Stores Fulfillment 130