Bargain hunting at The Reject Shop

With the price down 40% in two months, Graham Witcomb goes looking for a bargain and comes up trumps.

With an unblemished growth history and a well respected chief executive, just two months ago The Reject Shop looked like the perfect retailing investment, especially to those that bought in at the $2 listing price in 2004.

The latest interim result put paid to that reputation. Same-store-sales growth stalled, competition intensified, a falling Aussie dollar hit margins and an accelerated store roll-out program caused net profit to fall by 15%.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles