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Retail

Innlanz to delist from the ASX, shareholders given option to cash out in buy-back

Hospitality and accessory retail company Innlanz (ASX: INL) is set to delist from the ASX, surrendering to the COVID effect…

2 years ago

Toys‘R’Us initiates restructuring efforts, eyes UK market exit growth and share consolidation

Toys retailer Toys‘R’Us (ASX: TOY) has announced strategic initiatives to streamline operations and enhance market presence. The move comes as…

2 years ago

Booktopia sales plummet as Australians say no to books as Christmas presents

They may be Australia’s largest online bookstore but based on Booktopia’s (ASX: BKG) results, books were not popular at all…

2 years ago

Harris Technology reports surge in profit margins on tech products despite economic headwinds

Amidst the challenging economic landscape of Australia's cost-of-living crisis, eCommerce company Harris Technology (ASX: HT8) has emerged as one of…

2 years ago

City Chic sees sharp revenue fall amid dwindling consumer confidence

Plus-size clothing retailer City Chic (ASX: CCX) has posted a 29% revenue decline for H1 FY24, citing inflationary pressures. Dwindling…

2 years ago

In-store theft rises as The Reject Shop cites the impact of shrinkage on margins

At a time when about half of younger Aussies are spending over 50% of their income on rent, the affordability…

2 years ago