Turning the My Basket business profitable
First written in FY2019-Q1. 1 of 2 entries say "Advanced", first in FY2020. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AdvancedAnnual report
「The まいばすけっと business increased by 2 stores from the end of the previous fiscal year to 38 stores. We continued to improve product assortments through detailed purchasing analyses to create stores rooted in their local communities and aligned with diversifying needs. As a result, same-store sales increased for 8 consecutive periods, reaching 102.6% of the previous fiscal year.」
In the まいばすけっと business, which is targeting profitability, the company increased the number of stores to 38, while existing-store sales reached 102.6% of the previous fiscal year for the 8th consecutive period. - FY2019-Q1First statedAnnual report
「At existing stores, sales increased 106.0% year on year as fresh foods and delicatessen products, whose appeal was enhanced through assortment reviews, grew by double digits. Operating profit is steadily improving toward profitability.」
For the まいばすけっと business, the company presented profitability as an explicit target and explained the improvement in operating profit achieved through assortment reviews.