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For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

CP Axtra, the awkwardly-named parent company of Thailands familiar Makro and Lotuss stores and the countrys largest wholesale-retail conglomerate, reported a strong set of results for the fourth quarter of 2024 and for the whole year. Wholesale sales under Makros four different banners grew by 4.7 billion Thai baht (US$4.0

Wholesale 130
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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. However, better control of selling and administrative expenses helped deliver an increase in net profit for the quarter of 108.1 million baht ($3.5

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

billion net profit for the last financial year, with a year-high share price of $19.40 Pricing strategies, including the potential use of false or misleading was/now pricing and special promotions, and the relationship between retail prices and wholesale and farmgate prices, are being considered by the ACCC. to as low as $29.19

Consumer 246
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Rituals targets UK expansion after hitting record €2bn sales

Retail Gazette

Rituals is set to double down on its growth plans after topping 2bn (1.77bn) in sales for the first time in its 25-year history. As part of its expansion strategy, Rituals plans to open 240 new stores globally in 2025, including significant growth in the UK and Ireland. from 1.7bn (1.4bn) in 2023.

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Accent Group’s sales remain weak in first 19 weeks of FY24

Inside Retail

Wholesale sales have been more challenging, reflecting softer demand from other retailers,” said Accent Group CEO Daniel Agostinelli. The company is set to open several of its planned stores in November and December. per cent, and a net profit of $88.7 per cent like-for-like experienced in the first seven weeks.

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KMD Brands profit dives through first half

Inside Retail

The business’ net profit after tax fell 124.7 The brand performed well in both online and wholesale channels with online sales growing 14.5 Oboz’s wholesale and online sales were severely impacted by factory closures in Vietnam. Group sales for the half were recorded at $379.95 million (NZ$407.3 per cent, a loss of $5.13

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

billion although tax-paid net profit fell 20 per cent to $244.1 The business says wholesale sales in this channel grew 95 per cent since its products were expanded to 200 outlets of BCF and Rebel stores. For the year to July 2, the business says sales grew 2.8 per cent to $3.55