Inside Retail

MARCH 18, 2025

Myer’s net profit declined 18 per cent to $42 million in the first half, reflecting what the company described as an increase in the cost of doing business. per cent to $409 million, accounting for 22.3 Sales remained flat at $1.83 Sales remained flat at $1.83 Comparable sales climbed 0.8 Meanwhile, online sales rose 4.8

Net Profit 262

Net Profit Marketing Department Stores Apparel 262

Inside Retail

SEPTEMBER 19, 2024

Myer saw a decline in net profit in the last fiscal year due to the underperformance of Sass&Bide, Marcs, and David Lawrence, inflationary pressures, and store closures. The department store chain’s net profit fell 26 per cent to $52.6 million, which accounted for 21.6 million, which accounted for 21.6

Net Profit 264

Net Profit Department Stores Apparel Accounting 264

Inside Retail

MARCH 16, 2025

The company hinted quaintly that the slight occupancy decline was due to space being offline due to renovations: Some branches returned leased space for strategic reinvention. per cent, and net profit was 1.3 Big C has delivered net profit of 4.0 Occupancy was down a fraction but still well above 90 per cent.

Wholesale 130

Wholesale Net Profit Supermarket Accounting 130

Inside Retail

MARCH 13, 2025

billion baht ($419 million), an increase of 6 per cent on last year, and net income was 3.9 However, the latter number was driven by an accounting change rather than an operational decline. Without the adjustments, core profit enjoyed a double-digit percentage increase. billion) and the net profit of 16.7

Net Profit 130

Net Profit Shopping Accounting Returns 130

Inside Retail

OCTOBER 31, 2021

Department store David Jones has clawed its way back into the black, according to a report in The Australian , after posting its first net profit since 2018. Accounts lodged with ASIC by David Jones’ holding firm Osiris Holdings tell of a healthy net profit of $83.4 million for the same period a year prior.

Net Profit 130

Net Profit Department Stores Accounting Returns 130

Inside Retail

APRIL 8, 2021

The scorn has come from shopping centre owners, retailers, politicians and others, due to Premier Retail’s refusal to return any of the JobKeeper support payments it received and rent concessions it extracted on its way to $188.2 million net profit from $784.6 million in global sales. million total revenues.

Net Profit 130

Net Profit Fashion Supermarket Accounting 130

Inside Retail

JUNE 21, 2021

Myer’s net profit of $42.9 Myer has kept out of the headlines in the past year but continues to struggle, and in the first half of the current financial year, achieved online sales growth of 71 per cent. In September last year, major Myer shareholder Solomon Lew declared that the retailer was headed for administration.

Department Stores 113

Department Stores ATS Net Profit Planning 113