Inside Retail

SEPTEMBER 13, 2023

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. ” Net profit rose 18.2 per cent to $3.36

Net Profit 278

Net Profit Department Stores Returns Store Operations 278

Inside Retail

AUGUST 7, 2024

Myer has flagged a drop in profit for this fiscal year, largely due to underperformance at its three specialty brands amid macroeconomic challenges. The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 million in the prior year.

Net Profit 286

Net Profit Department Stores Management Consumer 286

Inside Retail

MARCH 30, 2025

Meanwhile, net profit soared to RMB3.4 The Apac region is showing particularly strong momentum; while it currently represents 23 per cent of global revenue at $3.2 As the sector continues to expand at breakneck speed, questions arise about its longevity. This marks an impressive 106.9 per cent year-on-year increase.

Net Profit 130

Net Profit Accounting Marketing Consumer 130

Inside Retail

MARCH 16, 2025

Note that although Makro is billed as a wholesaler, its customer base includes an enthusiastic consumer segment that prefers the Makro bulk-buy experience and uses it as an alternative go-to for products it cannot get at a regular supermarket. The gross profit margin on sales for the three company segments improved to 14.9

Wholesale 130

Wholesale Net Profit Supermarket Accounting 130

Inside Retail

NOVEMBER 8, 2024

The owner of Swiss watchmakers including IWC, Jaeger-LeCoultre and Piaget said sales fell by 1 per cent at constant exchange rates to 4.81 Its luxury rivals have reported mixed fortunes, with LVMH missing third quarter sales forecasts, saying consumer confidence in China had fallen to pandemic-era lows. billion euros (US$5.19

Net Profit 130

Net Profit Accessories Fashion Consumer 130

Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

DECEMBER 3, 2024

Thailand’s Big C, the retailing arm of Berli Jucker (a vertically integrated company that also has its nose in manufacturing and distribution of consumer products and packaging) talked up its bottom line rather than its top one when it presented its third-quarter results to investors on November 18. Gross margin held steady at 17.5

Net Profit 130

Net Profit Supermarket Consumer Shopping 130

Inside Retail

MAY 16, 2023

BLG executive chair Jason Murray said consumer confidence has been at “historic lows” yet the business is “optimistic” for sales growth. “We Sales improved in the lead-up to Mother’s Day and have been consistent since, while BLG’s non-discretionary product lines are continuing to perform well.

Net Profit 242

Net Profit Apparel Shipping Consumer 242

Inside Retail

MARCH 13, 2025

Points rewards are key sales driver For the whole year 2024, revenues came in at a record high of 51.8 billion) and the net profit of 16.7 Centrals malls all have a rewards program whereby shoppers get redeemable points rewards for purchases at some, but not all, of the stores. (It billion Thai baht ($1.6

Net Profit 130

Net Profit Shopping Accounting Returns 130

Inside Retail

MARCH 22, 2022

Group sales for the half were recorded at $379.95 million) while underlying EBITDA was estimated at $9.52 The business’ net profit after tax fell 124.7 per cent in the first half while direct-to-consumer (DTC) same-store sales climbed up 2.1 million (NZ$407.3 per cent, a loss of $5.13 per cent. “Our

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Retail TouchPoints

MAY 18, 2023

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. The company has reportedly set a target to grow revenue by 40% this year, which will be propelled, at least in part, by an expansion of its EMEA business.

Planning 275

Planning Marketing Net Profit Finance 275

Inside Retail

AUGUST 17, 2021

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 per cent on 2020. “We

Net Profit 246

Net Profit Supermarket Markdowns Checkout 246

Inside Retail

APRIL 1, 2025

Chinese marketplace giant Temu has expanded its platform to Australian sellers, and Standard Products, a home and lifestyle store by Japanese parent company Daiso, made its debut at Westfield Parramatta in December last year. When you look at us by global standards, in terms of retail consumption, were three or four in the world globally.

Marketing 226

Marketing Net Profit Shopping Supermarket 226

Inside Retail

SEPTEMBER 25, 2024

However, despite all that, the group’s gross profit margin was stable at 33.6 The FY24 net loss compared with a profit of $29.8 The group’s operating profit (EBIT) was $28.9 million, and adjusted net profit after tax was $18.9 million for the previous year. million, compared to $57.4

Net Profit 264

Net Profit Promotions Consumer ATS 264

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth. per cent. “Rip

Net Profit 246

Net Profit Outdoor Wholesale Returns 246

Inside Retail

SEPTEMBER 5, 2024

With claims Australia has been in a retail recession for 18 months, year-end result headlines are spruiking a consistent storyline of net profit losses – for most. Meanwhile, over at Wesfarmers Group – the home of EDLP mainstays Kmart and Officeworks – sales are flat but the bottom line isn’t doing too badly considering.

Net Profit 259

Net Profit Consumer Shopping Management 259

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth. per cent. “Rip

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

AUGUST 17, 2021

Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 At Supercheap Auto sales increased to $1.31 Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45

Net Profit 246

Net Profit Inventory Management Management Location 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 Revenue at Bunnings increased 12.5 billion (up 10 per cent) over the last 12 months, according to managing director Rob Scott.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Retail TouchPoints

JULY 29, 2021

The toy seller, which at its peak had more than 1,500 stores around the world, was part of the fabric of American childhood for more than half a century. We are thrilled to be taking the reins of the world’s leading toy brand at a time when the category is up 16% and consumer demand for toys is at an all-time high.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

Inside Retail

AUGUST 14, 2023

It has been one of the most consistent performers in the industry, and often showcases the trends in consumer spending. per cent growth, while net profit fell 3.7 At the time, Australian Retailers Association CEO Paul Zahra said sales growth for essentials like food “masked an overall decline” in retail spending.

Net Profit 246

Net Profit Marketing Consumer Retail Marketing 246

Inside Retail

AUGUST 31, 2021

Mosaic Brands has returned to earnings growth despite faltering sales, clocking in a net profit figure of $2.7 From supply chain logistics to consumer and national sentiment, ongoing internal borders beyond this timeframe will leave lasting scars.”. million – 101 per cent up on last year – despite revenue falling 3.8

Returns 130

Returns Net Profit ATS Consumer 130

Retail TouchPoints

AUGUST 20, 2020

Traditional retailers are sitting on a powerful competitive weapon, and they’ll continue to operate less efficiently, lose market share and leave millions in new revenue streams and profits on the table unless they pull the trigger. The Profit’s In The Data. Take a look at the net profits of most traditional retailers.

Advertising 234

Advertising Net Profit Consumer Kiosk 234

Inside Retail

JUNE 26, 2024

In the cities, 7-Eleven is a retailer that just keeps evolving and adapting to stay up with consumer lifestyle changes: it has become retail’s pocket battleship that challenges convenience store competition and supermarkets alike. Net profit was 6.2 The countryside though isn’t where the 7-Eleven story impacts the most.

Payment Services 202

Payment Services Net Profit Beauty and Health Supermarket 202

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. Loyalty is king. Myer One has always been key to our business.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

AUGUST 27, 2024

But with the ongoing ACCC inquiry into price gouging and consumer frustration with the persistent cost-of-living crisis, Coles still has to answer for its profit margins. Down down “I mentioned in my opening remarks that our net profit after tax for the year was 2.6

Net Profit 147

Net Profit Supermarket Consumer Management 147

Inside Retail

AUGUST 29, 2023

It stands to reason that quick-service restaurants like Domino’s would be well positioned in a challenging economic environment, with consumers seeking affordable luxuries. But with consumer behaviour still in flux post-Covid, the future of QSR is anything but certain. While total food sales grew by 2.2 per cent, to $201.7

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

FEBRUARY 19, 2025

Management said the sales uplift was driven by higher basket counts and customer transactions, with growth recorded for both general merchandise and consumables products. million and net profit after tax grew 14.6 Pre AASB 16 earnings before interest and tax increased 16.2 per cent to $19.4 per cent to $14.3 per cent.

Shopping 130

Shopping Net Profit Management Consumer 130

Inside Retail

JUNE 17, 2022

Australian digital payment and lending firm Latitude Group on Friday terminated its $335 million offer to buy Humm Group’s consumer unit that includes its buy now, pay later (BNPL) business. Shares of Humm Group fell as much as 11.3

Net Profit 130

Net Profit Finance Consumer Marketing 130

Inside Retail

JANUARY 14, 2024

billion while net profit is estimated to be between $200 million and $203 million during the six months ended December 30, based on preliminary data. Like-for-like sales growth was at 1 per cent. The group’s revenue went up 3 per cent year over year to $2.02

Net Profit 130

Net Profit Outdoor Consumer Shopping 130

Inside Retail

JANUARY 24, 2023

Poor consumer demand and falling foot traffic dented Best & Less Group’s first-half profits. However, tax-paid profit for the half fell 31.8 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. per cent to $13.7

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

AUGUST 29, 2021

“We are really excited to be partnering with her and the entire Go-To team to continue growing this business and increasing its availability to consumers worldwide.”. million while net profit surged 60.9 The acquisition was announced alongside BWX’s full-year results. Adjusted revenue for the year rose by 8.6 per cent to $203.9

Net Profit 130

Net Profit Consumer Marketing ATS 130

Inside Retail

FEBRUARY 22, 2022

Group net profit after tax on continuing operations declined by 6.5 E-commerce sales were estimated at $3.48 Across its Australian food division, total sales growth was solid at 3.4 However, earnings before tax and interest fell 11 per cent to $1.38 per cent to $795 million. per cent to $1.2 per cent to 13.3

Net Profit 130

Net Profit Consumer Marketing ATS 130

Inside Retail

AUGUST 15, 2023

Meanwhile, its net profit fell by over 30 per cent to $8.3 Caring about every dollar Mark Coulter, Temple & Webster co-founder and CEO, attributes the business’ strong start to the year to a change in consumer sentiment, as well as an enhanced focus on value – which is resonating with its customer base in a retail recession.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Inside Retail

DECEMBER 1, 2021

Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 billion (+6 per cent on 2019), while Alibaba was at number 8 with US$110.4

Merchant Services 130

Merchant Services Payment Services Net Profit Sporting Goods 130

Inside Retail

JUNE 7, 2023

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 per cent, well behind the rate of inflation.

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

SEPTEMBER 16, 2021

QUT professor of marketing and consumer behaviour Gary Mortimer believes this is a sign of years to come. billion in FY21, its first year-on-year increase since FY16, when sales peaked at $3.3 Statutory net profit after tax rose to $46.4 CBD locations were particularly hard hit, with comparable store sales down 22.3

Planning 130

Planning Net Profit Department Stores Fulfillment 130