Inside Retail

SEPTEMBER 13, 2022

per cent increase in department stores and a 3.3 Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent in the 2022 fiscal year supported by record online sales, which increased by 44 per cent while net profit fell by 20 per cent.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

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

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. Statutory net profit after tax rose to $46.4 Online is now a $500-million-plus business. Myer reported $539.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Inside Retail

NOVEMBER 10, 2022

I’m [coming in] because I want to listen to the team, and add my value to that plan going forward,” he said. “I per cent, with comparable store sales growth of 15 per cent. per cent, with comparable store sales growth of 15 per cent. We are focused on continuing execution and delivery of the customer-first plan,” she said.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

JUNE 21, 2021

The viability of the two iconic department store chains, Myer and David Jones, has been seriously analysed and debated since a merger proposal by Myer was revealed in 2014. The financial collapse of traditional US and UK department stores and the impact of the pandemic has increased industry scrutiny on Myer and David Jones.

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

JUNE 10, 2024

The department store huffed and puffed, but its status was clearly under threat. The floors that have been unveiled already make a sparkling addition to the department store and transport it firmly into the 2020s, making its new company-coined moniker, “Store of Bangkok”, only just a teeny-weeny exaggeration.

Department Stores 130

Department Stores Fashion Net Profit Boutique 130

Inside Retail

MARCH 25, 2025

This year, Central plans to open four new home-improvement stores, 10 supermarkets/food halls and four Go Wholesale warehouses in Thailand, plus two Go! stores in Vietnam. billion baht, and net profit by 1.3 It now has 10 units in operation and by the end of 2025 will have 14 if all goes according to plan.

Department Stores 130

Department Stores Wholesale Supermarket Net Profit 130

Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ 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. per cent to almost $1.85

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

SEPTEMBER 13, 2023

billion, with $71 million in net profit, up 18 per cent year on year. The result was impressive, considering the business doubled its profit last year and the softer trading conditions throughout the year. The ability to have both is complementary.” Myer lifted its sales 12.5 per cent year on year in FY23, to $3.3

Net Profit 130

Net Profit Department Stores Wholesale Consumer 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 Total online sales increased by 57 per cent to $3.3 Bunnings reported a 12.5 per cent increase in revenue to $16.87 billion, with earnings increasing 19.7

Net Profit 130

Net Profit Planning Returns Customer Experience 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 The conglomerate’s retail sector, made up of Bunnings, Kmart Group and Officeworks, delivered strong sales of $33.9

Net Profit 246

Net Profit Fulfillment Planning Management 246