Inside Retail

JANUARY 8, 2024

The cafes, restaurants, and takeaway category climbed 4.3 billion while the food category increased 2.8 “Black Friday sales were again a big hit this year, with retailers starting promotional periods earlier and running them for longer, compared to previous years,” said ABS head of business statistics Robert Ewing.

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Inside Retail

MARCH 22, 2024

Our disciplined approach in managing the business enabled us to deliver $330 million of operating cash flow and $248 million of free cash flow and end the year with a cash position of $360 million, well ahead of our expectations,” Alberini continued. “We For FY25, the company expects its consolidated net revenue to increase 11.5

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Inside Retail

AUGUST 16, 2023

Auto maintenance was the strongest performing category, reflecting a growing shift to do-it-yourself. Basketball and football were the highest-performing categories. By category, fishing delivered the strongest growth followed by camping sales which were in line with record performance.

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Inside Retail

JULY 6, 2023

Following a $75 million cash injection from US investor Prysm to stave off “tight capital market conditions” and ensure a steady path to growth, pet care business Pet Circle is laser-focused on the growing pet wellness market. Pets are big business not only in Australia, but all around the world.

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Inside Retail

AUGUST 3, 2023

ARA CEO Paul Zahra said the decline demonstrates a continued slowdown in consumer spending – and adds to the pressure retailers are already under as the cost of doing business skyrockets. By category, food retailing sales volume was down 0.7 per cent and the only category to show growth for the quarter. per cent year on year.

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Inside Retail

SEPTEMBER 26, 2021

Australian online marketplace The Iconic added a new string to its bow last week with the addition of the Home category, extending its 80,000-strong product range with contemporary homewares; from bedding, kitchen and bath accessories to tech, aromatherapy and artwork. Tapping into Millennial market.

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Inside Retail

DECEMBER 1, 2023

In collaboration with national companies including Catch, Officeworks, David Jones, and Azura, Circonomy provides consumers and businesses with a retail experience, with new products arriving weekly or daily. The product categories range from office and furniture, pet supplies to homewares, technology, clothes and shoes to baby products.

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Inside Retail

MAY 3, 2023

Household goods was the most obvious discretionary category affected by the reduction in spending in March. This demonstrates the new spending restraint amongst many Australians but also reflects the stronger growth in that category through the pandemic period.” With inflation running at 7 per cent, annual growth of 5.4

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Inside Retail

APRIL 4, 2024

Discretionary retail businesses are falling victim to Australia’s increasingly tough economic environment, as the voluntary administration of Marquee Retail Group (MRG) this week further illustrates. Further details regarding the decision to place the business into voluntary administration have not been disclosed.

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Inside Retail

OCTOBER 20, 2023

The company is understood to be looking to capitalise on the increased interest in the beach apparel category. The business started to reemerge after Travis Wright , former GM of Esther & Co, became CEO in 2021. Deloitte is expected to prepare a flyer highlighting Tigerlily’s position in the apparel space within the coming weeks.

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Inside Retail

JANUARY 18, 2024

Performance in Asia Pacific – where sales jumped 13 per cent – was fuelled by the 25 per cent sales growth of the Mainland China, Hong Kong and Macau businesses, more than offsetting softer performance in other Asian markets. Sales in the Americas were up by 8 per cent during the period. Group online sales fell by 5 per cent.

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Inside Retail

APRIL 15, 2024

No product category appears to be safe with the existence of retailers dedicated to systematically ripping and profiting off popular designs, products and formulas. Inside Retail spoke to Sakr to understand the side effects of being duped on small businesses and what it signals for the state of the retail industry at large.

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Inside Retail

OCTOBER 29, 2023

The cost-cutting initiatives fall into three categories – cost of doing business, brand and people, explained Martin Hosking, Group CEO and MD. “To To lower the cost of doing business, the senior team reviewed all contracts in place. she elaborated.

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Inside Retail

NOVEMBER 1, 2023

The two became friends, bonding over their unique experiences working in the Chinese retail landscape, and in 2018 were brainstorming about what type of business they could launch together. After multiple discussions, one category the two found themselves drawn to was the concept of accessible luxury luggage for the international traveler.

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Inside Retail

AUGUST 22, 2023

billion, with its wholesale distribution business PFD registering sales growth of 28 per cent due to strong trading with existing customers and new customer acquisition. Looking ahead to FY24, we expect food inflation in Australia and New Zealand to continue to moderate but will likely remain elevated in some packaged categories. “We

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Inside Retail

APRIL 4, 2022

Four in five Australian households shopped online last year across a broad range of retailers and categories. Top categories for shoppers include athleisure, baby products, pet products and footwear. Australia Post Group CEO and MD Paul Graham said e-commerce was a ‘lifeline’ for people and businesses alike. per cent boost.

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Inside Retail

JULY 17, 2023

Cargo Crew founder Felicity Rodgers said it has been “a long journey” bootstrapping the family-owned business into a whole new product category in the Australian market. Over the last two decades, we’ve built this business to be a uniform brand people want to wear.

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Inside Retail

AUGUST 9, 2023

Specifically, retailers that have successful private-label businesses. The first warning signs emerged in the US, where Walmart has been busily building out a huge and very successful retail media business. But a significant proportion of supplier brand returns are coming from eating into Walmart’s private-label business.

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Inside Retail

AUGUST 10, 2023

Baby Bunting acting CEO Darin Hoekman said the business continues to grow market share and experience “positive sales growth” despite macroeconomic factors impacting the retail sector. Pro forma group tax-paid profit reached $14.5 million, down 51 per cent compared to the same period last year.

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Inside Retail

OCTOBER 31, 2023

Formerly called Jamba Juice, the American business is owned by Focus Brands which includes the hot cinnamonroll chain Cinnabon and the pretzel chain Auntie Anne’s in its portfolio. It has four categories for its Whirl’d smoothies: Classics, Greens, Power and Indulgent menu items.

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Inside Retail

SEPTEMBER 4, 2023

The business, which owns and operates fashion brands Millers, Rockmans, Noni B, Rivers, Katies, Autograph, W Lane, Crossroads and Beme, unveiled its ‘Big Strategy’ last week, with plans to expand its bricks-and-mortar presence across the country. million, compared to an $11.6 million loss the year prior.

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Inside Retail

APRIL 9, 2024

With its recent acquisition of Singapore-based luxury resale business LuxLexicon, Carousell Group co-founder Marcus Tan said the company aims to create “the largest managed marketplace for authenticated second hand luxury bags where users can buy and sell with trust and convenience”.

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Inside Retail

JANUARY 24, 2024

With hindsight, I’m sure they’d admit that they should have been sharing more about why prices have spiked in certain categories – local and international supply disruptions on the back of the pandemic, quickly followed by local natural disaster events that also limited the supply of fresh produce and raw materials,” said Flanders.

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Inside Retail

MAY 17, 2023

Despite the current macroeconomic slowdown, the business says sales grew 10 per cent in the last four weeks when compared to the previous corresponding period. CEO Mark Coulter, said the Australian furniture & homeware category remains “highly under-penetrated” in terms of its shift to online compared with other leading markets.

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Inside Retail

MARCH 26, 2024

In the realm of commerce, a gap exists in the market – along with a major opportunity – particularly FOR large-scale item returns, within the domain of consumer-to-business (C2B) reverse logistics. This underserved segment represents huge potential, offering substantial benefits from both a customer and business-to-business (B2B) perspective.

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Inside Retail

FEBRUARY 13, 2024

Revenue dipped 19 per cent in the consumer products segment due to business exits, category trends and inventory management. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) narrowed 39.5 per cent to $709.4

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Inside Retail

AUGUST 10, 2022

The report, now in its second year, celebrates some of the most daring, innovative and fresh retailers across a broad range of categories, as well as those focusing on more than just business-as-usual.

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Inside Retail

FEBRUARY 20, 2022

per cent in the final 10 weeks, and online sales of the business increased 64 per cent – generating $389 million representing 23 per cent of total group sales. . Key growth was seen in rainwear and insulation categories in Australia however in New Zealand, like-for-like sales fells 9.4 per cent above pre-Covid levels.

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Inside Retail

MAY 9, 2021

With almost every business turning to digital as a result of the pandemic, lifestyle e-commerce platform Zalora had to rethink its strategy to stay competitive. Online penetration is growing but it also means every business is interested in growing so it means it gets more complicated since everybody’s going into it.

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Inside Retail

APRIL 26, 2024

Promotions with no real savings Macquarie Business School marketing professor Jana Bowden told Inside Retail that while much of consumers’ confusion arises from inconsistent pricing approaches between supermarkets, it’s also driven by cleverly designed sales strategies.

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Retail Times

SEPTEMBER 20, 2021

Post-covid category chaos in the grocery sector, as consumer behaviours shift with the rapidly changing market dynamics as the pandemic eases, risks brands and Consumer Packaged Goods (CPG) companies losing revenue growth opportunities if left unchecked, the latest research from antuit.ai, the leader in SaaS Artificial Intelligence (AI) demand forecasting (..)

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Inside Retail

APRIL 22, 2021

The marketplace, which will be called ‘Everyday Market’ will offer products in new categories, such as homewares and clothing, and will initially see Woolworths Group stablemate Big W sell products on the Woolies site later this year. “As

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Inside Retail

FEBRUARY 28, 2024

Leveraging modern technologies has allowed Matthew to build the foundations for significant and sustainable business growth, and his focus on cultural change, accessibility and inclusion impressed the judges this year.” This speaks to his strong leadership skills and reputation for delivering results.

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Inside Retail

OCTOBER 25, 2023

Sales from other businesses hit $214 million during the quarter. Pleasingly for customers, availability continues to improve and inflation in key categories is moderating,” said Weckert. .” Supermarket sales jumped 4.7 per cent to $9.19 billion, while liquor sales inched 1.8 per cent higher to $851 million.

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Inside Retail

FEBRUARY 14, 2023

However, the company says its retail business will soon face headwinds due to ongoing inflation and interest rate hikes. The retail business of Wesfarmers comprises Bunnings, Officeworks, and the Kmart Group – which includes Kmart, Target and Catch. For the six months to December 31, overall sales climbed 27 per cent to $22.56

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Inside Retail

FEBRUARY 5, 2024

But to truly understand what is happening in the category, it pays to consider the bigger picture. As the biggest category by spend, food can impact the numbers more than any other part of the retail economy. It puts context and understanding around the trends playing out across the sector and its categories. billion and $1.6

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Inside Retail

MARCH 10, 2022

According to the business, The Iconic’s fast delivery window will ensure Sydney metropolitan residents receive their Lego orders within three hours. This isn’t the first time the business has entered the toy category. Lego Art, Lego Icons or Lego ideas all cater to grown-ups.

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