Remove Department Stores Remove Net Profit Remove Wholesale
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Retail appointments of the week: Puma, Nike, Tory Burch

Inside Retail

Natira Boonsri named as CEO of Central & Robinson Department Stores By Tong Van Central Retail Corporation (CRC) has appointed the Chirathivat family’s heir Natira Boonsri as CEO of Central & Robinson Department Stores. Boonsri has about 20 years of experience in department store management.

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

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

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Myer CEO talks customer behaviour, rising theft and what’s next

Inside Retail

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