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Baby Bunting records higher profits, plans expansion into New Zealand

Inside Retail

Net profit after tax was $8.1 per cent and accounted for 59 per cent of online sales in areas where the company has a physical store. 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. million, up by 12.2 per cent to $56.8

Planning 130
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12 Accounting Mistakes New Business Owners Often Make

Small Biz Trends

A new business won’t survive long if it doesn’t have solid cash flow and a good accounting system in place. To that end, a panel of Young Entrepreneur Council (YEC) members answered the following question: “What’s one accounting mistake that new business owners might tend to make, and why? How can they fix it?”

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From drab to trendy, 7-Eleven strives for relevance

Inside Retail

In all, non-food categories account for 25 per cent of store sales. The annual average expansion clip is over 700 stores and it plans for the same pace of openings this year in Thailand, along with nearly 50 units in neighbouring Laos and Cambodia, countries for which CP-All also has the exclusive 7-Eleven license. Net profit was 6.2

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

billion although tax-paid net profit fell 20 per cent to $244.1 Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

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Charlotte Tilbury owner Puig seeks £2.1bn Spanish IPO

Retail Gazette

The Spanish beauty group , which owns 14 brands and several fragrance licences, is planning to list on the Barcelona, Madrid, Bilbao and Valencia stock exchanges, according to a regulatory filing on Monday. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Why Thailand’s rainy season is a double-edged sword for its DIY chains

Inside Retail

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

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Covid dulls first-half earnings for Harvey Norman

Inside Retail

Net profit after tax reached $430.91 The profits of the Australian franchising operations segment were estimated at $292.85 The company said overseas sales, which now account for 27 per cent of company turnover, have grown by 46.2 Total system sales were estimated at $4.91 billion with EBIT at $754.41 million, down 6.7