Super Retail Group has shown while times are difficult achieving sales growth is still possible after the company provided an update on its first quarter trading.
The company shares with its shareholders its 2012 successes.
What we can learn from US retailers about retail tenancy, Lee Trevena writes.
Woolworths Limited has released its first quarter results for the 14 weeks until 30 September, seven days before it sold the struggling Dick Smith retail business to Anchorage Capital Partners.
Charter Hall has reported a 68.1 per cent drop in statutory profit after tax of $16.7 million for the full year of 2012.
The difficult trading period appears to be getting the best of most retailers with Kathmandu reporting a 10.7 per cent fall in its net profit after tax to NZ$34.9 million.
David Jones has reported dismal numbers for the full year of 2012 but it’s only reflective of the company’s investment into its Future Strategy Direction Plan and the continuing difficult trading conditions.
National franchisor BSR Group has announced a 60.5 per cent increase in income for the financial year ending 31 March 2012.
Although JB Hi-Fi's online sales are "important" to the retailer, they still equate for only 1.6 per cent of all sales turnover, according to CEO Terry Smar
While Myer continues to feel the financial pinch it aims to continue to roll out its five-point strategic plan, which it hopes will better position the company for the future.