Electronics retailer JB Hi-Fi (ASX: JBH) has reached a historic milestone that it probably won’t want people to remember. For the first time in a very long time, its profits have fallen, cementing that even offering the lowest prices does not make you immune from the recessionary climate. In FY23, the Company’s net profit amounted
Read More
New parents want nothing but the best for their kid, and baby product companies make sure to capitalise on that sentiment. Usually, no price tag can deter a new parent. But with the ongoing pressure on people’s household incomes, the tag becomes a sour spot, urging them to look for affordable ways to ensure their
Read More
With Covid, many companies lost the very feature that set them apart (and that they invested significantly in). For experiential companies, customers being inside their stores was a necessity. So, while some successfully transitioned to eCommerce, others waited for business as usual to return. Retail company Mosaic (ASX: MOZ) was one such company. After acquiring
Read More
It seems fewer people are putting a Michael Hill (ASX: MHJ) ring on it, as the retail company witnesses a decline in its sales and earning. The persisting inflationary environment has left people putting huge life events, like engagements, on the backburner till the wallet can weather this storm. Discretionary spending has declined, and balance
Read More
Toys retailer Toys R Us (ASX: TOY) has not had a playful history in Australia, having collapsed once in 2018, closing over 40 stores and laying off hundreds of employees. Then, it made a calculated comeback the very next year with the support of Hobby Warehouse (one of its largest shareholders), and in 2021, it
Read More
Retail pharmacy supplier Sigma Healthcare (ASX: SIG) – the Company behind Amcal and Discount Drug Stores – has struck a deal with pharmacy giant Chemist Warehouse. The deal encompasses the supply of Pharmaceutical Benefits Scheme (PBS) medicines and healthcare products for five years, set to kick off on July 1, 2024. Sigma currently serves as
Read More