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Coles, Bunnings drive Wesfarmers
Wesfarmers reported third quarter growth from all of its retail divisions, with Coles and Bunnings being the top performers.
Coles' growth benefits Wesfarmers
Once again, Coles continues to drive Wesfarmers growth with the company reporting a 9.3 per cent increase in first half earnings.
All-round positivity at Wesfarmers
Wesfarmers has recorded positive sales results for all of its retail businesses in the first half of the financial year.
Coles drives Wesfarmers' growth
Wesfarmers' acquisition of Coles in 2007 is paying off for the company as it continues to drive growth for the business.
Charter Hall, Telstra Super enter deal
A $207 million deal has been struck between the two companies to jointly acquire a number of retail properties.
Off to a good start: Wesfarmers
Wesfarmers has announced its first quarter results for the 2013 financial year.
Winners, losers for in-store customer service
Choice recently conducted a Shadow Shopper survey for the top ten retailers in Australia to see how their customer service skills stack up against one another.
Room for improvement: Wesfarmers
Coles has help driven Wesfarmers to a achieving a full-year net profit after tax of $2.1 billion, up 10.6 per cent from the previous year.
Coles beats Woolworths again
While sales did remain slow for Coles it did manage to creep above Woolworths in the third quarter results, recording sales growth of 2.7 per cent.
Heavy discounting continues for Wesfarmers
The retail giant reported a net profit after tax of $1.176 billion for the six months to December and excluding non-trading items it was $1.203 billion.
And the winner is... Wesfarmers
Wesfarmers has come out on top for the tenth quarter straight over rival Woolworths boasting Coles delivered a "record-breaking" Christmas.
The superbrand war
Bunnings has come in the list of the top ten favourite household brands as recorded by Nielsen in the latest edition of Superbrands Australia.
Wesfarmers cautious in lead up to Christmas
Chief executive Richard Goyder said the company would continue to remain cautious about the retail environment as the company enters trading for the festive season.
Coles, Bunnings lead Wesfarmers to triumph
Strong sales continue to be achieved by Coles and Bunnings despite consumer sentiment remaining subdued throughout the 2012 first quarter.
Coles powers Wesfarmers' profits
The Coles division delivered strong earnings growth of 21.2 per cent for the year, increasing earnings by $204 million to $1,166 million, which saw Wesfarmers achieve NPAT of $1.9 million.
McDonald's to open in Masters stores
Bunnings may have sausage sizzle stands outside its doors but Masters Home Improvement will have whiffs of French fries, Big Mac's and cheeseburgers coming from within its stores.
Coles beats Woolworths for the ninth time
Coles reported a 5.3 per cent growth in food and liquor sales to $6.18 billion for the final quarter of 2010-11, which pushed full year comparable store sales up by 6.3 per cent to $25.02 billion.
Bunnings buys up big in Brisbane
The Australian property developer Watpac Limited has today announced the sale of 9,400 square metre property site in Brisbane to hardware chain Bunnings.
Retailers spend big on ads
The Nielsen Company's Top Media Advertisers report found that the industry spent $2.18 billion on advertising in 2010, which is a 7 per cent increase from 2009.
The people have chosen
Bunnings has beat retail rivals David Jones and Myer by scoring the People’s CHOICE award for best bricks and mortar retailer at the CHOICE Awards.
Bunnings shows-off $53M warehouse
The opening of the Chatswood Warehouse forms part of Bunnings' almost two decade long network expansion plan that targets 16 to 26 new locations per annum.
Bunnings invests $385M in 12 stores
Bunnings managing director John Gilliam has denied that the investment has anything to do with the entry of Woolworths into the hardware market.
Bunnings invests trust fund in properties
The Bunnings Warehouse Property Trust will be expanding its portfolio with the acquisition of 10 Bunnings Warehouse stores and three properties.
Wesfarmers soldiers on
In an environment marked by cautious consumer sentiment, widespread price deflation and unusually wet and cool weather on the east coast of Australia, which negatively affected consumer spending, Wesfarmers has still managed to succeed.
Coles out does Woolworths
Coles has seen its food and liquor sales for the second quarter rise 6.7 per cent on the previous corresponding period to $7 billion following Wesfarmers' announcement of its second quarter retail sales results.
Woolworths dobs on Bunnings
Woolworths has confirmed with Retailbiz that it has lodged a complaint with the ACCC over the behaviour of Wesfarmer's hardware retailer Bunnings.
A battle of the big box retailers
IbisWorld predicts that there’ll be more than 300 retail superstores in Australia by 2015, generating $24 billion a year.
Bunnings books for biggest store ever
The company will purchase an 8.5-acre site, upon which it plans to build the chain's largest store.
Bunnings grows by the hectare
Bunnings Property Management has acquired a Bunnings Warehouse in the suburb of Port Melbourne, Victoria.
Giving with gift cards
Choice has recommended gift cards from Bunnings, Coles Group & Myer and Wish (Woolworths group) after finding that more than one in two of its members surveyed had a gift card expire before using its full value.
Coles boosts Wesfarmers' profits
At the annual meeting, Richard Goyder, Wesfarmers managing director, said the positive result is underlined by Coles food and liquor comparable store sales growth of 6.2 per cent.
Coles outdoes Woolworths this quarter
Coles has beaten its supermarket rivalry Woolworths with a 6.2 per cent growth in food and liquor sales of $6 billion in the first quarter.
Tap, go at Bunnings, Dymocks
The two retailers have signed on to offer customers a faster way to pay using their Commonwealth Bank debit or credit PayPass card when paying for items less than $100 without the need to sign or enter a PIN.
Bunnings steps it "up a notch"
Wesfarmers' home improvement and outdoor living retailer Bunnings will be investing more than $600 million in 18 New South Wales metro and regional sites over the next three years.
Woolworths' hardware stores on track
Woolworths says it's on track to securing 150 sites within the next five years as part of its plan to enter the $24 billion plus hardware retail sector.
Wesfarmers profit up 2.8%
Wesfarmers has announced a net profit of $1,565 billion for the full-year ended 30 June 2010, up 2.8 per cent compared to the previous corresponding period.
Solid sales performance for Wesfarmers
Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.
Bunnings to invest $420 million with 12 new stores NSW
Bunnings is investing more than $420 million to open at least 12 new stores in NSW over the next three years, creating more than 4000 new jobs.
Bunnings makes leap in cooking appliances, are whitegoods next?
Outdoor and DIY specialists Bunnings have this week made the move into cooking products, ranging ovens and cooktops from various leading brands.
Bunnings not worried about Woolworths entering market
Woolworth's announcement yesterday that it is entering the hardware market after acquiring Danks Holdings came as no surprise to some.
Wesfarmers profit increases 44 per cent to $1.5 billion
Wesfarmers Limited has announced a net profit after tax of $1.535 billion for the 2008/09 financial year, an increase of 44 per cent on the $1.063 billion reported for the previous year.
Sales up for Coles, Bunnings and Target
Despite an uncertain global environment, Wesfarmers says Coles sales are on track with total food and liquor sales up 7.6 per cent to $5.3 billion for the quarter to March.
