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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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Distribution and Wholesale Seek Retail Skillset to Gain Competitive Edge

365 Retail

Embracing an omnichannel approach which allows for a positive customer journey is increasingly being adopted by distributors and wholesalers, who are moving to utilise interim retail resource to create competitive advantage. Supply chain, demand planning and inventory are specialisms many retailers have mastered well.

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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

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From drab to trendy, 7-Eleven strives for relevance

Inside Retail

The exclusive licensee for 7-Eleven stores in Thailand is CP-All, a subsidiary of Charoen Pokphand Group that also owns the Makro wholesale and Lotus’s retail businesses. Net profit was 6.2 Both gross and net profit margins increased sharply, the latter exactly doubling. The convenience store business raked in 105.9

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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

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WBA Q2 results top expectations

Mass Relators

. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. WBA’s net profit of $703 million, or 81 cents a share, was down from $883 million, or $1.02 percent, and the Germany wholesale business growing 7.5 Gross profit decreased 0.7