Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. With an almost 26 per cent stake in Myer, Walker also said that it would make sense to put Smiggle and Peter Alexander in the department store in the future.

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

JUNE 3, 2021

After a blockbuster first half that saw net profit soar 46.5 The company’s stores in CBD locations and large shopping centres have continued suffering compared to before the pandemic, with sales down 12 per cent compared on a 48 week period to 30 May. “The

Net Profit 246

Net Profit Accounting Shopping Location 246

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.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

AUGUST 25, 2021

Best & Less’ first financial year as a public company exceeded its own expectations, with strong earnings and like-for-like sales growth driving a net profit result 191 per cent up on the prior year. The department store business saw total sales hit $663.2 The department store business saw total sales hit $663.2

Net Profit 130

Net Profit Department Stores Shipping Management 130

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 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

Inside Retail

NOVEMBER 10, 2022

Former Myer managing director Terry McCartney has joined the department store’s board as a non-executive director. Myer chairman JoAnne Stephenson said that it acknowledged the deep experience and expertise of McCartney, and that conflicts of interest, actual or perceived, could be managed within its policies.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

NOVEMBER 16, 2023

Edouard is a results-oriented leader with vast experience in the region and a strong background in luxury fashion management and marketing,” said Pierre-Yves Roussel, CEO at Tory Burch. “We Boonsri has about 20 years of experience in department store management. billion in revenue last year with a net profit of US$216.6

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130

Inside Retail

MARCH 8, 2023

They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. billion, while net profit after tax grew by 101.4 For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

MARCH 3, 2024

Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. 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. million active members, with 5.2

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

AUGUST 29, 2021

billion, as store closures during sporadic Covid-19 lockdowns throughout the year forced customers to shop online. Net profit after tax was up more than 40 per cent to $2.4 Australian retail conglomerate Wesfarmers reported its full-year results on Friday , revealing a 10 per cent increase in revenue to $33.9

Net Profit 130

Net Profit Planning Returns Customer Experience 130