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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

At opposite ends of the political spectrum, the National Party and the Greens both argued that divestment provisions should be incorporated into federal competition laws to ensure fair trading with suppliers and consumers. billion net profit for the last financial year, with a year-high share price of $19.40 to as low as $29.19

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Super Retail’s profit declines as inflationary pressures necessitate discounting

Inside Retail

Super Retail Group’s net profit fell in the fiscal first half amid inflationary pressures affecting the cost of doing business. The group’s statutory net profit declined 9 per cent to $130 million despite sales increasing 4 per cent to $2.11 Both Supercheap Auto and Macpac’s sales rose 1.7

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

Retail TouchPoints

However, the buy now, pay later (BNPL) company still has not revealed how many shares it plans to sell, their price range or when the IPO will take place. In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. The Sweden-based company, which has operated in the U.S.

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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

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Analysis: Coles, Woolies’ shrinking product ranges are all about the bottom line

Inside Retail

The product offering changes come as the Australian Competition and Consumer Commission is due to hand the final report from its inquiry into the supermarket sector to the Treasury on February 28. However, Australias leading supermarkets are changing tack. In doing so, they are following a model already proved successful by Aldi.

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What’s driving the transformation of China’s department stores?

Inside Retail

With malls, e-commerce giants, and niche retailers vying for consumer attention, these legacy institutions must reimagine their purpose in an increasingly digital and experience-driven retail environment. Once seen as a staple of urban retail, department stores in China are undergoing a transformative reinvention.

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For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

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. per cent, and net profit was 1.3 Big C has delivered net profit of 4.0

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