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How scrutiny over prices could impact Coles’ and Woolworths’ loyalty programs

Inside Retail

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 per cent increase in net profit in its half-year results in February, which grew to $929 million, with Woolies X being a major driver behind this growth. billion in 2024. The Coles App had a 42.3

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Retail appointments of the week

Inside Retail

BWX CEO departs amid flagging results By Dean Blake Global beauty and personal care business BWX’s group chief executive and managing director Rory Gration is departing the role after only 12 months, having served through a period which the business called “highly challenging and disruptive”.

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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. per cent lift in net profit to $2.07 Physical supermarket sales increased by 2.0 Online penetration for supermarkets is quite interesting – 8.5

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How Coles’ half-year results underscore Cain’s legacy

Inside Retail

Coles’ sales were reasonably good , [and it] had very positive results in EBIT and net profit,” Mortimer told Inside Retail. “If Shoppers are looking for price consistency.” Consumers are becoming more price sensitive, wanting to maximise value and stretch their budgets as far as possible,” Pallant told Inside Retail.

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“Building for the future”: Inside Endeavour Group’s plan for digital

Inside Retail

After spinning off from supermarket giant Woolworths, Endeavour Group completed its first year as an independent business with an impressive result this week. Group net profit rose 11 per cent to $495 million compared to a year prior, as did earnings per share which rose to 27.6 cents per share.

Planning 130
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To Thrive in the New Global Ecommerce Marketplace, Toys ‘R’ Us may Need to Think Small

Retail TouchPoints

But it turned out that the emporium of toys, games and fun could not in the end withstand the relentless competition and margin hits from the internet and supermarket retailers. brand management company WHP Global has bought a controlling interest in Tru Kids, which owns the Toys ‘R’ Us brand. and abroad. In 2017, the U.S.

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

The big chains have almost certainly gained market share from a legion of small retailers as a result of Covid-19 trading restrictions, like supermarkets and hardware stores, which have benefited from trading exemptions. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. per cent to $142.4