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Klarna Takes Another Step Toward IPO as it Showcases Profitability and New Walmart BNPL Deal

Retail TouchPoints

In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. We look forward to helping redefine checkout at the worlds largest retailer both online and in stores. The Sweden-based company, which has operated in the U.S.

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Can Kohl’s New Merchandising Strategy Create Holiday Magic?

Retail TouchPoints

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S. The retailer has already started holiday-centric deals this month with a series of weekly LEGO deals.

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Coles pockets $1 billion profit as Smarter Selling pays off

Inside Retail

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

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How scrutiny over prices could impact Coles’ and Woolworths’ loyalty programs

Inside Retail

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 per cent increase in net profit in its half-year results in February, which grew to $929 million, with Woolies X being a major driver behind this growth. billion in 2024. Comparatively, Woolworths reported a 2.17

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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. per cent lift in net profit to $2.07 Retail expert and QUT professor of marketing Gary Mortimer said Woolworths is ahead of rival Coles on a number of fronts this year.

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Meijer marks supercenter’s 60th anniversary

Mass Relators

.” This new retail environment combined a complete supermarket with a full range of general merchandise, a café, a pharmacy and other services, selling all its merchandise through a single set of checkouts. ” The post Meijer marks supercenter’s 60th anniversary appeared first on MMR: Mass Market Retailers.

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Meijers opens Noblesville location

Mass Relators

.” The new store features convenient digital shopping solutions, including Shop & Scan, which allows shoppers to scan barcodes via a mobile app and bag their items as they shop to make checkout convenient. The post Meijers opens Noblesville location appeared first on MMR: Mass Market Retailers.