Inside Retail

FEBRUARY 10, 2022

Net profit after tax was $8.1 In a results presentation, Baby Bunting’s CEO and MD, Matt Spencer indicated the company has plans to enter the New Zealand market with 10 stores. The post Baby Bunting records higher profits, plans expansion into New Zealand appeared first on Inside Retail. million, up by 12.2

Planning 130

Planning Net Profit Accounting Marketing 130

Inside Retail

SEPTEMBER 16, 2021

To reach his $1 billion online sales target, King plans to continue to improve Myer’s website and user experience, expand the range of products it offers online, speed up the delivery of online orders and better leverage the Myer One loyalty program. Statutory net profit after tax rose to $46.4 Myer reported $539.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Inside Retail

AUGUST 11, 2023

per cent growth in net profit after tax for the year ended June 30 – a success it attributes to smart logistics management. million, while net profit after tax reached $101.1 It plans to open three new Plush locations and one Nick Scali venue in the first half of FY24. Furniture retailer Nick Scali posted a 15.1

Net Profit 130

Net Profit Shipping Management Location 130

Inside Retail

MARCH 9, 2022

Department store Myer has recorded a strong performance in its half-year results, with net profit after tax hitting $32.3 million – an increase of 55 per cent. . Myer’s total group sales were up at 8.5 per cent to $1.51 billion, with comparable sales growth of 17.8 Group online sales grew 47.5 per cent to $424.1

Net Profit 244

Net Profit Department Stores Planning ATS 244

Inside Retail

JANUARY 23, 2023

“As with most retailers, we remain cautious on the macroeconomic environment for the remainder of the calendar year but are equally confident in the continuing momentum we have within the Customer First Plan and a range of initiatives we are executing.”

Net Profit 246

Net Profit Department Stores Store Operations Planning 246

Inside Retail

AUGUST 23, 2022

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 The post “Building for the future”: Inside Endeavour Group’s plan for digital appeared first on Inside Retail. cents per share.

Planning 130

Planning Net Profit Returns Supermarket 130

Inside Retail

SEPTEMBER 13, 2022

Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent in the 2022 fiscal year supported by record online sales, which increased by 44 per cent while net profit fell by 20 per cent. per cent decline in net profit after tax.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Retail Gazette

APRIL 29, 2024

Vinted, the online marketplace for secondhand fashion, has made a profit for the first time following a “strong” year of growth. The Lithuanian business made a net profit of €18m last year versus a loss of €20m in 2022. Sales surged 61% year on year to reach €596.3m.

Net Profit 62

Net Profit Fashion Shipping Planning 62

Inside Retail

AUGUST 29, 2021

Net profit grew 168 per cent over the course of the year, with the beauty firm eking out a positive result of $845,000 – a slight win, but a big boost on last year’s loss of $1.2 Active customers hit 818,000, up 39 per cent, which drove revenue growth of 48 per cent to $179.3

Shipping 246

Shipping Beauty and Health Net Profit Returns 246

Inside Retail

JANUARY 24, 2023

If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million. It plans to open six new stores, including one at Macquarie Centre in Sydney. Audited results will be announced on February 21.

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

MARCH 22, 2022

The business’ net profit after tax fell 124.7 ” The company plans on focussing on several key initiatives to elevate its digital capabilities, such as the Rip Curl loyalty scheme, set to launch in the second half, as well as relaunch Kathmandu’s Summit Club and a new value proposition. million (NZ$407.3

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Inside Retail

MAY 19, 2021

The impressive growth in net profit largely comes from careful expense management and boosted gross profit margin, driven by an increase in retail and online sales. Beacon Lighting has continued to innovate with… store expansion and formats, service to our trade customers and the online shopping experience.”.

Net Profit 162

Net Profit Planning Management Shopping 162

Inside Retail

AUGUST 16, 2022

billion although tax-paid net profit fell 20 per cent to $244.1 The retailer has plans to open 30 new stores across its four core businesses in the next financial year and add five new Rebel Customer Experience-format stores. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

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 The conglomerate’s retail sector, made up of Bunnings, Kmart Group and Officeworks, delivered strong sales of $33.9

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

AUGUST 31, 2023

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 These results have not deterred the company from its expansion plans. billion baht (US$1.1

Net Profit 130

Net Profit Accounting Finance Planning 130

Inside Retail

AUGUST 15, 2021

billion and net profit for the year hitting $506 million – a 67.4 Firstly, the business will launch a ‘group diversity and inclusion action plan’ with a focus on increasing the number of women in leadership positions across JB Hi-Fi and The Good Guys. Net-zero goal by 2030. per cent to $8.9 per cent growth.

Net Profit 246

Net Profit Planning ATS 246

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.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

NOVEMBER 10, 2022

I’m [coming in] because I want to listen to the team, and add my value to that plan going forward,” he said. “I million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 He added that King and the team have brought Myer back to life.

Net Profit 245

Net Profit Planning Management Returns 245

Retail TouchPoints

JULY 11, 2022

Kohl’s dedication to supporting brands that “offer a purpose beyond profits” will extend to its overall back-to-school selection, which features brands including: Ivory Ella , which donates 10% of all net profits to organizations like Save the Elephants; Yoobi , a brand that donates a school supply item to a child in need in the U.S.

Net Profit 228

Net Profit Apparel Returns Location 228

Inside Retail

AUGUST 11, 2022

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 The same day the retailer announced its results, it opened its first store in New Zealand, at Auckland, and said it plans a second store in Christchurch during the next financial year. per cent to $507.3

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130

Inside Retail

AUGUST 11, 2021

Myer has said the media speculation is “nonsense” and that it has no immediate plans to issue shares, but Lew, by way of Premier Investments’ legal council Jeremy Leibler, said Premier will take “all steps within its power to prevent any attempt to dilute and disempower” its holding in the business. million, up 5.5 per cent to $539 million.

Department Stores 246

Department Stores ATS Net Profit Returns 246

Inside Retail

FEBRUARY 24, 2022

Electronics and furniture retailer Harvey Norman Holdings says Covid has impacted its profits in the first half. Net profit after tax reached $430.91 The profits of the Australian franchising operations segment were estimated at $292.85 Total system sales were estimated at $4.91 billion with EBIT at $754.41

Net Profit 130

Net Profit Accounting Planning ATS 130

Retail Gazette

MARCH 12, 2024

Mango has seen its net profit more than double as it rose to €172m (£147m) for the year to 31 December 2023 compared to €81m (£69m) last year. Our enthusiasm and passion will be fundamental to achieving the new objectives that we set for ourselves today in the 4E Plan.”

Net Profit 52

Net Profit Accounting Fashion Marketing 52

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 We ended the year strongly with sales back at the same level as before the pandemic and with profitability better than it has been for several years.”.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Inside Retail

AUGUST 18, 2021

per cent to $242 million, leading net profit to hit $76.9 per cent), the business continues to plan for growth. billion – a 19.9 per cent jump on a Covid-19 impacted FY20. Earnings before interest, taxes, depreciation and amortisation jumped 19.3 million, up 38.6

Net Profit 130

Net Profit Store Operations Marketing Planning 130

365 Retail

APRIL 4, 2024

Some of these businesses with north of 100,000 SKUs, have little clarity on category strategy, assortment planning, own brand or better buying. Supply chain, demand planning and inventory are specialisms many retailers have mastered well. Supply chain, demand planning and inventory are specialisms many retailers have mastered well.

Wholesale 59

Wholesale Merchant Services Net Profit Planning 59

Small Biz Trends

SEPTEMBER 10, 2022

Bergen County, New Jersey is opening a new small business grant program with its allocation of American Rescue Plan Act funds. The program is funded through the state’s allocation of American Rescue Plan Act funds. million program is funded through the American Rescue Plan Act along with local funds from the San Diego Foundation.

Net Profit 105

Net Profit Planning 105

Inside Retail

AUGUST 29, 2021

Net profit after tax was up more than 40 per cent to $2.4 Indeed, Wesfarmers plans to accelerate its online progress in the next 12 months with the development of a $100 million data and digital ecosystem that will help its retail businesses deliver more seamless and personal experiences. Bunnings reported a 12.5 per cent to $2.18

Net Profit 130

Net Profit Planning Returns Customer Experience 130

Inside Retail

AUGUST 11, 2023

On Friday morning, baby-goods retailer Baby Bunting revealed a 51 per cent drop in net profit during FY23, though sales ticked up 1.7 In fact, the business has already listed over 5,000 new products to its online offer, and plans to finish the calendar year with 20,000 new SKUs available. “In

Net Profit 130

Net Profit Accounting Consumer Planning 130

Inside Retail

SEPTEMBER 1, 2022

enjoyed an increase in net profit of nearly 400 percent. Shinsegae has ambitious expansion plans in addition to continued capital expenditure to keep its existing trophy department stores up to date. The company plans to invest 20 trillion won (US$14.4 Online sales rose by 12.2 The parent company, Shinsegae Inc.,

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

AUGUST 24, 2022

The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 Our strategic plans have adapted to meet the significantly higher e-commerce sales that we have now, [compared to] 2019,” Cain explained. per cent higher to $1.04

Net Profit 130

Net Profit Fulfillment Supermarket Shipping 130

Inside Retail

JUNE 22, 2023

The company’s goals include establishing three enterprises that generate over RMB 1 trillion in revenue and RMB 70 billion in net profits, having five enterprises that rank on the Fortune Global 500 list, and bringing seven publicly listed companies to obtain a market value of RMB 100 billion.

Merchant Services 130

Merchant Services Supply Chain Management Net Profit Marketing 130

Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ 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 per cent, to $65 million.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

V Count

MAY 5, 2021

Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. net sales/number of employees. This metric can be used when planning your store layout. Improve space planning & store layout. Why measure gross and net profit?

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

Inside Retail

JUNE 21, 2021

The $56 million operating profit for the first half of the current financial year followed a 15 per cent reduction in costs, which included the rent reductions and floorspace sacrifice, as well as government support. Myer’s net profit of $42.9

Department Stores 113

Department Stores ATS Net Profit Planning 113

Retail Bound

FEBRUARY 7, 2023

Gross profit = (Total Sales – Cost of Goods Sold) Net profit – Measures the profitability after accounting for all business operational expenses. If the business makes more than it spends, it is a net profit. If it makes less, that is a net loss.

Net Profit 52

Net Profit Operating Expenses Finance Accounting 52

Inside Retail

MARCH 23, 2022

Daly addressed the issue of inflation and price hikes following his announcement of KMD Brands’ first-half results for FY22 , which included a 125 per cent drop in statutory net profit after tax to a loss of NZ$5.5 Sales were virtually flat at NZ$407.3 million compared to NZ$410.7 million the previous year.

Outdoor 130

Outdoor Net Profit Wholesale Marketing 130