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Financial

Financial Archives

Woolies injects $184m into Queensland supply chain with new DC

The centre, which will service more than 260 Queensland and northern New South Wales stores with chilled and frozen good...

Working from home boosts half-year sales at Bunnings, Kmart and Officeworks

Wesfarmers has shared in the impressive retail results pouring in following the past six months.

Why Coles’ CEO isn’t counting his roast chickens before they hatch

Coles records a strong first half but reduced immigration threatens future growth.
Inside Retail & Opmetrix

Why field sales teams need to embrace a culture of innovation

Enabling teams with the latest technology and driving them to constantly improve are critical to growth.

L’Oreal predicts ‘Roaring 20s’ retail resurgence post Covid

"There will be a fiesta in makeup and in fragrances," predicts CEO.
Image of a Domino's delivery being dropped off

Domino’s focus on digital delivers in first half

Group chief executive Don Meij said the pandemic brought forward the customer desire for food delivery to step up online...

Super Retail profit triples off the back of strong omnichannel offer

The business' 1H21 net profit rose 201 per cent.

Adidas starts formal process of quitting struggling Reebok

A banking source said the business could be worth around 1 billion euros US$1.2 billion.

The Reject Shop profit up 46.5 per cent during first half

Leadership is aiming to finish 'fixing' the business by the end of the financial year.

7-Eleven’s store growth boosts New South Wales footprint

7-Eleven has opened five new stores in New South Wales/Australian Capital Territory over the last 12 months, contin...

Redbubble’s first half turns a $2m loss into a $42m gain

The plan now, according to chief executive Michael Ilczynski, is to invest in the business to keep the train going.

Adairs earnings, profit skyrocket during first half

Managing director and chief executive Mark Ronan called the results “outstanding”.

AuMake doubles users of new social marketplace in last six months

AuMake shifted its strategy during the pandemic to connect China-based influencers with Australian and New Zealand brand...

JB Hi-Fi delivers 86.2 per cent profit growth during holiday half

Nesting customers continued to shop for electronics and appliances during the half, the business said.

Silly Solly’s launching in NSW and Victoria in March

The discount chain is going south of the (Queensland) border for the first time.

“Devastating blow”: Victoria returns to lockdown

“Unfortunately, some of the horrors of 2020 continue,” ARA boss Paul Zahra said.

NRA under fire after grant approval process scrutinised

The grant funded a program to train up retail workers in what to do in the event of a terror attack.

Rip Curl buoys Kathmandu through first half

Earnings for the half are expected to hit between $47 million and $49 million.

Telstra aims to take back full ownership of its branded stores

The telco owns and operates 67 stores, with another 166 stores owned and operated by licensees and 104 stores by Viva Gr...

How to win in the new look marketplace

To win in the new look marketplace; retailers, suppliers and manufacturers must be open to collaborating.

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