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 lifted total sales 5.5

Planning 130

Planning Net Profit Department Stores Fulfillment 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 If you’re spending $3000 on a coffee machine, you want to inspect it and talk to someone about it in-store,” he said.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

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 Same-store sales growth was almost flat-lining at 0.5

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

SEPTEMBER 13, 2023

“This growth has been driven by the strength of our multi-channel offering, as customers have returned to stores after [the pandemic], and bolstered by our leading brand and loyalty proposition through Myer One,” King told analysts and investors on Thursday. billion, with $71 million in net profit, up 18 per cent year on year.

Net Profit 130

Net Profit Department Stores Wholesale Consumer 130

Inside Retail

NOVEMBER 10, 2022

per cent, with comparable store sales growth of 15 per cent. million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 Concerning Myer’s 2021 store closure in Knox , King said it was in discussions with the shopping centre for about four years.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

FEBRUARY 23, 2022

This is a view shared by Shop, Distributive and Allied Employees’ Association (SDA) national secretary Gerard Dwyer, who said he was dismayed that another underpayment has been found. million, though due to a higher cost of doing business net profit fell 6.5 Group sales rose 8 per cent on last year to $31.8

Supermarket 130

Supermarket Net Profit Accounting Fulfillment 130

Inside Retail

AUGUST 24, 2022

Despite group net profit hitting $1.5 Inflation is beginning to impact all aspects of our customers’ shop, and we have been seeing a gradual change in [their] shopping behaviours,” Banducci said, adding that the business is juggling putting through legitimate price increases for suppliers while keeping prices down for customers.

Customer Experience 147

Customer Experience Net Profit Supermarket Shipping 147

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 Kmart Group.

Net Profit 130

Net Profit Planning Returns Customer Experience 130