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3 days ago | 
insideretail.com.au | Aimee Coleman
When consumers say they expect the goods they buy to be reused, repurposed, repaired or recycled but don’t consistently recycle their cans, clothes, glass or plastics, it can seem like more of the burden gets pushed elsewhere in the product ecosystem. In Australia, while 732 million unwanted clothing items were recycled or reused domestically or internationally in 2023, 924 million ended up in landfill.
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Feb 10, 2025 | 
insideretail.co.nz | Sean Cao |Aimee Coleman |Celene Ignacio |Tamera Francis
New Zealand’s Commerce Commission is seeking opinions to help it decide whether or not to grant clearance to Woolworths’ proposed acquisition of Beak & Johnston. In its preliminary statement, the Commerce Commission outlines the key competition issues it considers important in making the decision.
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Feb 10, 2025 | 
insideretail.co.nz | Celene Ignacio |Aimee Coleman |Tamera Francis
L’Oreal Groupe has made a minority investment in Jacquemus in an exclusive partnership marking the cosmetic company’s venture into fashion. “With its singular brand positioning, fueled by sensational creativity and social first playfulness, Jacquemus will perfectly complement L’Oreal Luxe’s portfolio of iconic brands and reinforce our worldwide leadership,” said Cyril Chapuy, L’Oreal Luxe president. The companies did not disclose the financial details of the transaction.
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Feb 9, 2025 | 
insideretail.co.nz | Celene Ignacio |Aimee Coleman |Tamera Francis
JB Hi-Fi’s net income grew in the half year ended December 31, thanks to higher sales bolstered by Black Friday and Boxing Day promotions. The consumer electronics retailer’s net income climbed 8 per cent year over year to $285.4 million as sales jumped 9.8 per cent to $5.67 billion. JB Hi-Fi Australia’s sales rose 7.2 per cent to $3.88 billion, with comparable sales up 7.2 per cent. The Australian segment saw mobile phones, small appliances, computers, televisions, and cameras as key categories.
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Feb 7, 2025 | 
insideretail.co.nz | Celene Ignacio |Aimee Coleman |Anil Prabha
Nick Scali’s net profit dipped in the fiscal first half ended December 31 amid a sharp decline in Australia and New Zealand performance and softer-than-expected loss in the UK. The furniture retailer’s net profit plunged 30.2 per cent to $30 million, with ANZ net profit tumbling 20.7 per cent to $34.1 million and UK net loss amounting to $4.1 million. The group’s revenue decreased 1.8 per cent to $222.5 million.
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Feb 7, 2025 | 
insideretail.co.nz | Celene Ignacio |Aimee Coleman |Anil Prabha
Domino’s Pizza will close 205 loss-making stores, mostly in Japan and Europe, to help boost profitability. The pizza chain said it will shut 172 stores in Japan, 23 in Europe, and four in Australia and New Zealand. “Some of our Covid-period expansion resulted in stores that simply weren’t optimal based on our current customer proposition and removing them will strengthen our network,” said Mark van Dyck, Domino’s Pizza Enterprises CEO and MD. “To reach our potential, we are taking decisive action.
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Feb 7, 2025 | 
insideretail.com.au | Sean Cao |Aimee Coleman |Anil Prabha
Amazon’s profit reached a new high after soaring nearly 90 per cent in the fourth quarter, while its sales also achieved double-digit growth thanks to a successful holiday season. The company’s overall net sales rose 10 per cent to $298.64 in the quarter ended December 31, with North America segment up 10 per cent, international segment up 8 per cent and AWS up 19 per cent.
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Feb 7, 2025 | 
insideretail.com.au | Celene Ignacio |Sean Cao |Aimee Coleman |Anil Prabha
The Buy Now Pay Later (BNPL) industry will be subject to new laws starting in June, prompting the Australian Securities and Investments Commission (ASIC) to open a consultation process for affected parties. The new regulations will require BNPL providers to secure a credit licence and comply with the National Consumer Credit Protection Act 2009. Specific obligations will also apply when a BNPL contract satisfies the definition of a low-cost credit contract.
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Feb 7, 2025 | 
insideretail.com.au | Celene Ignacio |Aimee Coleman |Anil Prabha
Nick Scali’s net profit dipped in the fiscal first half ended December 31 amid a sharp decline in Australia and New Zealand performance and softer-than-expected loss in the UK. The furniture retailer’s net profit plunged 30.2 per cent to $30 million, with ANZ net profit tumbling 20.7 per cent to $34.1 million and UK net loss amounting to $4.1 million. The group’s revenue decreased 1.8 per cent to $222.5 million.
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Feb 7, 2025 | 
insideretail.com.au | Celene Ignacio |Aimee Coleman |Anil Prabha
Domino’s Pizza will close 205 loss-making stores, mostly in Japan and Europe, to help boost profitability. The pizza chain said it will shut 172 stores in Japan, 23 in Europe, and four in Australia and New Zealand. “Some of our Covid-period expansion resulted in stores that simply weren’t optimal based on our current customer proposition and removing them will strengthen our network,” said Mark van Dyck, Domino’s Pizza Enterprises CEO and MD. “To reach our potential, we are taking decisive action.
