Inside Retail

AUGUST 19, 2024

However, Temple & Webster plans to join the club by investing in technology to scale and gain a competitive advantage. Even after significant investments in these areas, Temple & Webster has a positive profit and revenue growth trajectory. Becoming a billion-dollar business is no easy feat , just ask Kylie Jenner or Rhianna.

Planning 261

Planning Net Profit Shipping Marketing 261

Inside Retail

MARCH 27, 2024

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores.

Net Profit 263

Net Profit Location Planning Marketing 263

Retail TouchPoints

MAY 18, 2023

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.,

Planning 275

Planning Marketing Net Profit Finance 275

Retail TouchPoints

JUNE 26, 2023

JD.com reportedly plans to combine its 7Fresh supermarket chain with other online services, creating an independent company selling fresh food and groceries to millions of people throughout China, according to Bloomberg and other media outlets. million USD ) in net profits during the next two decades.

Supermarket 305

Supermarket Net Profit Planning Store Operations 305

Inside Retail

AUGUST 15, 2023

Meanwhile, its net profit fell by over 30 per cent to $8.3 Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. We’re not planning to do any mass cost reduction. million in the year prior.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Inside Retail

FEBRUARY 10, 2022

Net profit after tax was $8.1 In a results presentation, Baby Bunting’s CEO and MD, Matt Spencer indicated the company has plans to enter the New Zealand market with 10 stores. The post Baby Bunting records higher profits, plans expansion into New Zealand appeared first on Inside Retail. million, up by 12.2

Planning 130

Planning Net Profit Accounting Marketing 130

Inside Retail

NOVEMBER 16, 2023

The company is set to open several of its planned stores in November and December. “The group’s in-stock position along with sales and operational plans are well-set heading into the three most important trading months of the year.” per cent, and a net profit of $88.7 billion, up 26.3

Net Profit 264

Net Profit Wholesale Fashion Planning 264

Inside Retail

SEPTEMBER 16, 2021

To reach his $1 billion online sales target, King plans to continue to improve Myer’s website and user experience, expand the range of products it offers online, speed up the delivery of online orders and better leverage the Myer One loyalty program. Statutory net profit after tax rose to $46.4 Myer reported $539.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Inside Retail

FEBRUARY 28, 2024

Harvey Norman’s net profit fell amid lower revenue in the fiscal first half as large format retail property yields softened and franchise fees declined. The furniture and electronics retailer’s attributable net profit plunged 45.3 per cent to $200.01 million as revenue slid 8.2 per cent to $2.15 billion. .

Net Profit 130

Net Profit Location Planning ATS 130

Inside Retail

AUGUST 11, 2023

per cent growth in net profit after tax for the year ended June 30 – a success it attributes to smart logistics management. million, while net profit after tax reached $101.1 It plans to open three new Plush locations and one Nick Scali venue in the first half of FY24. Furniture retailer Nick Scali posted a 15.1

Net Profit 130

Net Profit Shipping Management Location 130

Inside Retail

MARCH 9, 2022

Department store Myer has recorded a strong performance in its half-year results, with net profit after tax hitting $32.3 million – an increase of 55 per cent. . Myer’s total group sales were up at 8.5 per cent to $1.51 billion, with comparable sales growth of 17.8 Group online sales grew 47.5 per cent to $424.1

Net Profit 244

Net Profit Department Stores Planning ATS 244

Inside Retail

NOVEMBER 7, 2024

billion for the period ending September 30, successfully transitioning from a loss-making position in the previous quarter to profitability. However, net profit for the three months fell to 86.9 The platform is also planning to expand its portfolio. “We’ve billion won (US$64 million) from 119.6

Net Profit 130

Net Profit Planning Fulfillment Customer Experience 130

Inside Retail

JANUARY 23, 2023

“As with most retailers, we remain cautious on the macroeconomic environment for the remainder of the calendar year but are equally confident in the continuing momentum we have within the Customer First Plan and a range of initiatives we are executing.”

Net Profit 246

Net Profit Department Stores Store Operations Planning 246

Inside Retail

JULY 28, 2024

Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. per cent of sales.

Fast Fashion 246

Fast Fashion Net Profit Fashion Planning 246

Inside Retail

AUGUST 23, 2022

Group net profit rose 11 per cent to $495 million compared to a year prior, as did earnings per share which rose to 27.6 The post “Building for the future”: Inside Endeavour Group’s plan for digital appeared first on Inside Retail. cents per share.

Planning 130

Planning Net Profit Returns Supermarket 130

Retail Gazette

OCTOBER 3, 2024

Shein is preparing to start early, informal investor meetings in the coming weeks for its planned London initial public offering (IPO), as the fast fashion giant steams ahead with preparations as it awaits UK regulatory approval. As of Thursday, a review of the CSRC website, which lists approved offshore IPO candidates, did not include Shein.

Fast Fashion 105

Fast Fashion Net Profit Fashion Planning 105

Inside Retail

SEPTEMBER 13, 2022

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. per cent decline in net profit after tax.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 29, 2021

Net profit grew 168 per cent over the course of the year, with the beauty firm eking out a positive result of $845,000 – a slight win, but a big boost on last year’s loss of $1.2 Active customers hit 818,000, up 39 per cent, which drove revenue growth of 48 per cent to $179.3

Shipping 246

Shipping Beauty and Health Net Profit Returns 246

Inside Retail

JANUARY 24, 2023

If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million. It plans to open six new stores, including one at Macquarie Centre in Sydney. Audited results will be announced on February 21.

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

MARCH 22, 2022

The business’ net profit after tax fell 124.7 ” The company plans on focussing on several key initiatives to elevate its digital capabilities, such as the Rip Curl loyalty scheme, set to launch in the second half, as well as relaunch Kathmandu’s Summit Club and a new value proposition. million (NZ$407.3

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Inside Retail

JUNE 26, 2024

The annual average expansion clip is over 700 stores and it plans for the same pace of openings this year in Thailand, along with nearly 50 units in neighbouring Laos and Cambodia, countries for which CP-All also has the exclusive 7-Eleven license. Net profit was 6.2 The convenience store business raked in 105.9

Payment Services 202

Payment Services Net Profit Beauty and Health Supermarket 202

Inside Retail

MAY 19, 2021

The impressive growth in net profit largely comes from careful expense management and boosted gross profit margin, driven by an increase in retail and online sales. Beacon Lighting has continued to innovate with… store expansion and formats, service to our trade customers and the online shopping experience.”.

Net Profit 162

Net Profit Planning Management Shopping 162

Retail TouchPoints

JULY 11, 2022

Kohl’s dedication to supporting brands that “offer a purpose beyond profits” will extend to its overall back-to-school selection, which features brands including: Ivory Ella , which donates 10% of all net profits to organizations like Save the Elephants; Yoobi , a brand that donates a school supply item to a child in need in the U.S.

Net Profit 288

Net Profit Apparel Returns Location 288

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

Inside Retail

AUGUST 16, 2022

billion although tax-paid net profit fell 20 per cent to $244.1 The retailer has plans to open 30 new stores across its four core businesses in the next financial year and add five new Rebel Customer Experience-format stores. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

Retail Gazette

APRIL 9, 2024

The Spanish beauty group , which owns 14 brands and several fragrance licences, is planning to list on the Barcelona, Madrid, Bilbao and Valencia stock exchanges, according to a regulatory filing on Monday. Click here to sign up to Retail Gazette‘s free daily email newsletter

Net Profit 105

Net Profit Accounting Marketing Planning 105

Inside Retail

AUGUST 15, 2021

billion and net profit for the year hitting $506 million – a 67.4 Firstly, the business will launch a ‘group diversity and inclusion action plan’ with a focus on increasing the number of women in leadership positions across JB Hi-Fi and The Good Guys. Net-zero goal by 2030. per cent to $8.9 per cent growth.

Net Profit 246

Net Profit Planning ATS 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

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 million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 He added that King and the team have brought Myer back to life.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

AUGUST 31, 2023

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 These results have not deterred the company from its expansion plans. billion baht (US$1.1

Net Profit 130

Net Profit Accounting Finance Planning 130

Inside Retail

AUGUST 11, 2021

Myer has said the media speculation is “nonsense” and that it has no immediate plans to issue shares, but Lew, by way of Premier Investments’ legal council Jeremy Leibler, said Premier will take “all steps within its power to prevent any attempt to dilute and disempower” its holding in the business. million, up 5.5 per cent to $539 million.

Department Stores 246

Department Stores ATS Net Profit Returns 246

Inside Retail

AUGUST 11, 2022

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 The same day the retailer announced its results, it opened its first store in New Zealand, at Auckland, and said it plans a second store in Christchurch during the next financial year. per cent to $507.3

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130

Inside Retail

FEBRUARY 24, 2022

Electronics and furniture retailer Harvey Norman Holdings says Covid has impacted its profits in the first half. Net profit after tax reached $430.91 The profits of the Australian franchising operations segment were estimated at $292.85 Total system sales were estimated at $4.91 billion with EBIT at $754.41

Net Profit 130

Net Profit Accounting Planning ATS 130

Retail Gazette

APRIL 29, 2024

Vinted, the online marketplace for secondhand fashion, has made a profit for the first time following a “strong” year of growth. The Lithuanian business made a net profit of €18m last year versus a loss of €20m in 2022. Sales surged 61% year on year to reach €596.3m.

Net Profit 64

Net Profit Fashion Shipping Planning 64

Inside Retail

JUNE 5, 2024

Net profit increased by 6.3 The company plans to open another nine by the end of this year. After suffering a year-on-year revenue decline in the fourth quarter, HomePro recovered somewhat and enjoyed revenue growth of 2.9 per cent in the first quarter, bringing in 18.8 billion baht ($530 million). per cent to 1.7

Net Profit 100

Net Profit Consumer Finance Marketing 100

Inside Retail

AUGUST 18, 2021

per cent to $242 million, leading net profit to hit $76.9 per cent), the business continues to plan for growth. billion – a 19.9 per cent jump on a Covid-19 impacted FY20. Earnings before interest, taxes, depreciation and amortisation jumped 19.3 million, up 38.6

Net Profit 130

Net Profit Store Operations Marketing Planning 130

Small Biz Trends

SEPTEMBER 10, 2022

Bergen County, New Jersey is opening a new small business grant program with its allocation of American Rescue Plan Act funds. The program is funded through the state’s allocation of American Rescue Plan Act funds. million program is funded through the American Rescue Plan Act along with local funds from the San Diego Foundation.

Net Profit 105

Net Profit Planning 105