retail-resolutions-businesses-profitable 
RetailMinded
JANUARY 10, 2024
Whether or not New Year resolutions are your thing, I think it’s fair to say everyone would like their year ahead to be more profitable. How they aim to accomplish that may vary, but the simple goal of making more profit when operating your business rarely – if ever – escapes a professional’s wish list for their year ahead.
Inside Retail
MARCH 19, 2024
Another BNPL player, Pace, also exited the game in Singapore after a voluntary wind-down of its business last August. According to a statutory declaration, Pace was unable to continue business operations “by reason of its liabilities”. It is also a model that needs scale to ensure profitability, which is prone to fluctuations.
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Inside Retail
AUGUST 29, 2023
Domino’s net profit also declined by about 74 per cent, with CEO and managing director Don Meij telling investors that the business would work to “rebalance the value equation.” The business sought to offset this with price rises, as well as a 6 per cent delivery fee. While total food sales grew by 2.2 per cent, to $201.7
Inside Retail
SEPTEMBER 21, 2022
A boardroom spill at online book retailer Booktopia has seen chairman Chris Beare and three fellow independent directors resign. . The transition from a private to a public company is never easy and I would like to thank the outgoing board members for their contribution to the business over the last few years.
Inside Retail
JANUARY 10, 2023
Fresh figures from beleaguered US retailer Bed Bath & Beyond show sales slumped by a third in the latest quarter driving a loss of US$451 million in three months. This pushes down profit which, in turn, weakens the cash position still further. The post Bed Bath & Beyond US in a ‘death spiral’ appeared first on Inside Retail.
Inside Retail
AUGUST 26, 2021
Retail Food Group is “cautiously optimistic” after FY21 reveals a statutory profit and same store sales growth driven by affordable premium pizzas, drive-thru coffee and fresh bread. This is the first year since FY17 the company has shown a statutory profit with NPAT at $1.5m per cent on last year’s $4m statutory loss.
Inside Retail
JUNE 23, 2023
Payment giants Visa and Mastercard have pledged not to offer merchants cut-price credit transaction rates if they lock into their debit transaction systems, a move small business advocates hope will level the playing field for local SMEs. Crucially for small businesses, transaction fee structures can vary from merchant to merchant.
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