Inside Retail

MARCH 8, 2023

Department store Myer has registered strong sales growth in its December half – and its profit is the highest since the first half of 2014. Audited results for the 26 weeks to January 28 show sales grew 24.2 billion while tax-paid profit increased 101.4 As customers returned to in-store shopping, online sales fell 9.8

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Inside Retail

MARCH 13, 2023

Although he eventually expanded to five stores in Victoria, his methods were controversial, with claims he achieved his low prices by avoiding sales tax (there is no suggestion Endeavour Group uses this tactic). It also has a significant online presence, claiming 50 per cent of all online Australian liquor sales.

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Inside Retail

MARCH 23, 2022

While Daly expects the group to benefit from more favourable hedge positions in the coming six months compared to the prior corresponding period, and its shift towards direct-to-consumer sales, he is concerned about margin pressure in FY23. “We Changing swing tags, trim. Sales were virtually flat at NZ$407.3

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Nahanco

JANUARY 11, 2021

It’s the end of the season and sales did not go quite as planned. The obvious solution is to have a sale and reduce prices. But first, you must have a plan and be prepared for having a sale. One…Stock Up on Sales Supplies. Once you have your tagging and pricing supplies, it is time to move on to signs.

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Inside Retail

FEBRUARY 21, 2022

Taking into account exchange rates and import tax, prices for the Lady Dior are highest in China, where the compound annual growth rate across the Dior bag range has increased by 20 per cent between November 2019 and January 2022. Fellow LVMH brand Tag Heuer confirmed its watches would undergo a price adjustment in the near future as well.

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Inside Retail

JULY 4, 2023

In some cases out of necessity, but also to avoid the prying eyes of tax agents. Despite the hefty price tag, the brand is a current cult favourite. Last October, when the brand held a sample sale in New York, die-hard fans queued for five hours to get their hands on The Row’s last-season items.

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Compliantia

OCTOBER 4, 2021

Some licenses only cover beer and wine sales, which means stores that sell liquor and spirits need to obtain a different license. The Alcohol and Tobacco Tax and Trade Bureau requires retailers to keep records showing all the details relating to alcoholic beverages received on the premises. Check the store’s licenses and permits.

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