The continuing success of Australian retailers was a contributing factor behind CER’s $113 million net profit attributable to members for the full year ended 30 June 2010.
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Harvey Norman toasts to successful year
Harvey Norman’s franchising operations continued to underpin the overall performance of the group.
Woolies keeping everyone happy
The country’s largest retailer, Woolworths, has made a solid annual profit of $2 billion, which is a 10.1 per cent increase from the previous year.
Fisher & Paykel concentrates on debt recovery
This announcement follows the company’s review of its 2009/10 end financial year review at its 2010 Annual Shareholder Meeting that took place earlier this week.
Cash Converters breaks record profits
According to the company, it is the fourth consecutive year that Cash Converters has exceeded its forecasted numbers.
Sales up for David Jones despite scandal
David Jones has announced a 7.3 per cent increase in sales revenue for the fourth quarter 2010 from $512.3 million in 4Q09 to $549.6 million in 4Q10.
Solid sales performance for Wesfarmers
Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.
Fraud on EFTPOS cards 10 times lower than other cards
Pressing cheque or savings at the point of sale is the safest and most secure point of sale payment option for Australian consumers, according to the Australian Payments Clearing Association.
Metcash profit up 12.4 per cent
Metcash’s profit has increased by 12.4 per cent to $227.6 million from $202.5 million for the year to 30 April 2010. Wholesale sales rose by 4.9 per cent rise to $11.51 billion from $10.97 billion.