Super Retail Group has announced it will be expanding its footprint across a number of its retail brands as it continues to strengthen its store portfolio.
It announced group sales for the 26 weeks to 31 December 2011 is expected to be $758.6 million, mainly contributed to the success of the Rebel Sports and Amart All Sports businesse.
The group reported sales for auto and cycle division is up 6 per cent and its leisure division is up 50 per cent.
Taking advantage of the recently launched Google Shopping in Australia is Super Retail Group that will be signing itself up as a foundation retailer on the platform.
The times were tough but Super Retail Group was able to maintain its sales and succeeded with a 60 per cent increase in net profit after tax to $24.9 million for its half year results of 2011.
Peter Birtles, Super Cheap Auto Group's managing director, says the financial results for the year were testament to its strong business model.