Harvey Norman Limited has released its sales results for the six month period ending 31 December 2009. Sales across the Australian division of the company were up 6.4 per cent for the period.
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Metcash boosts half year profit and cash flow
Grocery and liquor wholesaler Metcash said revenue was up 6.6 per cent to $5.6 billion, despite intense competition in the grocery sector, lower levels of inflation and price deflation in the produce sector.
Kathmandu to add 12 stores, lodges IPO
Clothing and travel equipment retailer Kathmandu is planning to open another 12 stores in Australia and New Zealand to add to its 82-store network, ahead of its initial public offering and ASX listing.
Super Cheap Auto Group posts 25 per cent profit rise
Super Cheap Auto Group has reported a 25 per cent increase in net profit to $32 million in the year to June 2009.
Retailers welcome budget support for small business
The Australian Retailers Association is welcoming the government’s support for SME retailers during the global financial crisis.
Domino’s profit rises slightly
Domino’s Pizza Enterprises has posted a small rise in first half profit and says it is on track to increase full year earnings by up to 15 per cent.
Profits fall 45 per cent for Nick Scali
Furniture retailer Nick Scali had a 45 per cent fall in profit for the half year as consumers cut down on discretionary spending.
JB Hi Fi profit high
JB Hi-Fi Limited today reported a record half year net profit of $26.2 million (up from $18.8 million in 2005) from $659 million of sales for half year ending 31 December 2006.