Business
The Reject Shop stores hit by CBD exodus – The Australian Financial Review
The Reject Shop has only a minimal e-commerce offering but CEO Andre Reich says it is bringing a younger demographic.
The company used the 2018-19 comparable store figures to give a better gauge of trading because this time last year there had been serious COVID-19 restrictions, which rendered a direct comparison largely meaningless.
The 290 stores outside the CBD and major metropolitan shopping centres had generated a 0.9 per cent rise in sales compared with 2018-19.
Overall, The Reject Shop sales across the network are down 1.4 per cent for the 48 weeks to May 30. Mr Reich has shifted the strategy to emphasise…
-
Noosa News22 hours agoWhere, when and why? Everything you need to know about Sunday’s pro-Palestine protest march in Brisbane
-
General14 hours agoAlbanese government to freeze construction code until 2029, fast-track housing approvals
-
Noosa News24 hours agoGovernment stands by funding rules barring youth justice organisations from speaking to media
-
General18 hours agoIndia to defend ‘red lines’ as fresh tariffs loom