Private Label Growth
Private label penetration increased by 100 basis points this quarter, indicating strong performance and future opportunities in this segment.
Inventory Management Improvement
Achieved a significant reduction in inventory days by almost 3.5 days, demonstrating improved efficiencies in inventory management.
E-commerce Development
The One Hallway initiative is progressing well with increased customer loyalty and larger baskets, indicating a positive impact on the omnichannel strategy.
SG&A Growth Control
SG&A growth was limited to around 5% this quarter, showing effective cost control measures in place.