It has been nearly six years since Specsavers first launched itself into the market as it saw the opportunity to fill gaps that existed in the “cottage” retail optics market.
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Harvey Norman profit slumps 17.5 per cent
The electronic retailer posted a net profit of $142.2 million, down from $172.47 million that was recorded during the same period last year.
Specialty Fashion bounces back thanks to cost cutting
Specialty Fashion Group’s focus on cutting cost has helped the company return back to profit on results from the previous year.
Noni B releases “disappointing results”
Noni B has reported an underlying after tax profit of $1.5 million for FY2013, compared with $2.7 million in the previous year.
John Lewis online expert shares his clicks and bricks success tips
There is no doubt many traditional Australian retailers have struggled to fully understand and execute an online strategy that increases sales without compromising its values.
JB Hi-Fi overcoming shopping centre declines, running Home at breakeven
JB Hi-Fi’s positive sales and net profit result for the 2013 financial year came despite down-trend pressure on shopping centre-based stores, which are being hit hard by the current lows in consumer confidence.
Business owners unlikely to hire new staff
Business owners, especially small business operators, are less likely to create new jobs due to current political and economic uncertainty.
Double digit growth drives Retail Zoo’s footprint expansion
Retail Zoo, the parent company of Boost Juice Bars, Boost International, Salsa’s Fresh Mex Grill and CIBO Espresso, continues to grow its retail footprint.
Woolworths announces departure of 22 years of board experience
Woolworths has announced the retirement of non-executive director Sir Roderick Deane and John Astbury, effective 31 August 2013.