- Despite the significant setback in 2020 due to the pandemic, the retail sector has bounced back and shown notable signs of improvement.
- Last month, food retailing witnessed an improvement on a national level. However, the lockdown in Victoria affected household goods retailing, clothing, footwear, and personal accessory retailing.
- Firms in the retail space have fared well this year, thanks to the e-retail concept gaining traction. Some of the high performers in the sector include Wesfarmers, Premier Investments, and City Chic Collective.
The turbulence in 2020 spared no sectors, and retail also took a big hit. However, 2021 has seen certain improvements in the retail space. The latest report by ABS Australia has indicated that Australian retail turnover grew marginally by 0.1% in May 2021. There were mixed results across the industries and states, and territories. May was negatively influenced because of the COVID-19 restrictions in Victoria.
The Australian state witnessed a drop in all sectors except food retailing. At a national level, food retailing improved, negated by plunges in household goods retailing, clothing, footwear, and personal accessory retailing.
This article will walk you through ten retail stocks that have delivered double-digit returns in 2021.
Wesfarmers Limited (ASX:WES)
Headquartered in Western Australia, Wesfarmers Limited is a diversified business with an interest in:
- Retail Operations Including Home Improvement And Office Supplies.
- Home Improvement And Outdoor Living.
- Clothing and General Merchandise
- Office Supplies.
Its Industrials division has businesses in:
- Chemicals, energy, and fertilisers
- Industrial and safety products.
WES shares have delivered a YTD return of ~14.37%. On 29 June 2021, the shares settled at AU$58.910, up 0.718% from the previous close.
- Why Wesfarmers’ (ASX:WES) retail businesses are seeing robust sales growth
- Wesfarmers (ASX:WES) delivers bumper half-year results backed by strong sales and earnings growth
Premier Investments Limited (ASX:PMV)
Premier Investments is an ASX-listed company that aims to leverage its skill and strong capital position to own and manage a selection of retail, consumer products and wholesale businesses. The Company owns the Just Group retail corporation and has a 28.06% stake in Breville Group Limited.
Premier Investments reported a YTD growth of ~19%. On 29 June 2021, PMV shares settled at AU$28.480, up 0.707% from the last close.
Source: Copyright © 2021 Kalkine Media
City Chic Collective Limited (ASX:CCX)
City Chic Collective Limited is engaged in retailing women’s apparel. The Company focuses on plus-size women across different lifestyles.
CCX shares have delivered a YTD return of ~32.49%. On 29 June 2021, CCX shares settled flat at AU$5.220.
Joyce Corporation Ltd (ASX:JYC)
Joyce Corporation Ltd is an ASX-listed, Australian owned investment group. It was established over 130 years. JYC’s business includes KWB Group and Bedshed.
KWB Group is a leader in the home renovation market in Australia. It provides excellent kitchen and wardrobe solutions to consumers exploring to refurbish their houses.
In 2021, JYC witnessed significant growth in its share price. The shares delivered a YTD growth of 47.22%. On 29 June 2021, the shares settled flat at AU$2.650.
Universal Store Holdings Limited (ASX:UNI)
Universal Store is a specialty retailer of casual apparel for the youth. It operates 65 physical stores throughout Australia and a strong-growing online store.
In 2021, Universal Store made significant progress, and its shares delivered a YTD growth of 33.212%. On 29 June 2021, UNI shares settled at AU$7.340, down 0.811% from the previous close.
Lovisa Holdings Limited (ASX:LOV)
Lovisa Holdings Limited is an International specialist fast-fashion jewellery retailer. The Company aims to provide good, trendy jewellery to the world.
Lovisa shares showed significant growth in 2021. It provided a YTD return of 23.49%. On 29 June 2021, the shares settled at AU$14.350, down 0.693% from the previous close.
Adairs Limited (ASX:ADH)
Adairs Limited is the leading omnichannel specialty retailer of home furnishings and home
decoration goods in Australia. It owns and operates two businesses- Adairs and Mocka. These businesses are design-led, customer-centred, and sell quality internal designed products direct to customers in Australia and New Zealand.
Adairs shares delivered a YTD growth of 20.23%. On 29 June 2021, the shares settled at AU$4.100, down 0.244%.
Source: Copyright © 2021 Kalkine Media
Kathmandu Holdings Limited (ASX:KMD)
Kathmandu Holdings Limited is a retailer of clothing and equipment for travel and adventure. KMD shares in 2021 delivered a YTD growth of ~20.34%. The shares settled at AU$1.420, down 4.055% from the previous close following the release of a weak trading update on 29 June 2021.
Super Retail Group Limited (ASX:SUL)
Super Retail Group Limited is into specialty retail stores in the automotive, tools, leisure, and sports categories.
SUL shares progressed well in 2021 and have delivered a YTD return of ~20.32%. On 29 June 2021, the shares settled at AU$12.67, down 2.98% from the previous close.
Michael Hill International Limited (ASX:MHJ)
Michael Hill International is an international multichannel retail jewellery chain, and it aims to become the most loved jewellery destination by making fine jewellery available to all.
MHJ shares fared decently in 2021, delivering a double-digit YTD return of ~18.6%. On 29 June 2021, the shares settled flat on ASX at AU$0.835.
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