New merchandise offering boosts The Reject Shop’s top line
Inside Retail
FEBRUARY 21, 2024
Meanwhile, general merchandise sales were down, with planned lower average selling prices largely offset by strong unit volume growth. Like many Australian retailers, The Reject Shop is facing some near-term margin pressure from higher shrinkage and rising costs. EBIT for the half was $19.4 million, down 16.1 per cent year on year.
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