Articles with tag kmart

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Bunnings grows, Target dips: Wesfarmers first quarter results

Wesfarmers reported overall strong retail sales results for the first quarter of the 2014 financial year with good performances delivered by Coles, Bunnings, Officeworks and Kmart.

Posted Thu 24/10/2013 12:00:00 / Read More »

Oxfam demands Target to pay Bangladesh fire victims compensation

Oxfam is calling on Target Australia to pay compensation to the families of the victims and those injured from the Bangladesh factory fire in Gazipur that killed 10 people and injured an estimated 50 others on Tuesday 8 October 2013.

Posted Fri 11/10/2013 12:00:00 / Read More »

OP/ED: How smart retailers are winning in the digital age

Visionary retailers are recognising there are a combination of factors contributing to their woes but they are beginning to see digital technologies as the key to future success rather than the enemy.

Posted Thu 03/10/2013 12:00:00 / Read More »

Future investments on Wesfarmers' agenda

Despite several hurdles like a soft economic environment and price deflation in a number of categories, Wesfarmers remained at the top of its game.

Posted Mon 30/09/2013 12:00:00 / Read More »

Target earnings cut in half as Wesfarmers releases results

Wesfarmers has lifted its net profit by 6.3 per cent for the FY13 due to a strong earnings achieved by its retail portfolio.

Posted Thu 15/08/2013 12:00:00 / Read More »

Kmart praised for revealing garment factory locations

Kmart has become the first Australian retailer to publish the addresses of the supplier factories in all countries making its clothes, as it will allow independent checks of conditions for workers.

Posted Thu 11/07/2013 12:00:00 / Read More »

Pressure mounts on retailers to sign Bangladesh Safety Accord

Retailers are being urged to sign a Bangladesh Accord on Fire and Building Safety that will assure people who work in Bangladesh factories making clothing garments are working in safe conditions.

Posted Mon 24/06/2013 12:00:00 / Read More »

Coles, Bunnings drive Wesfarmers

Wesfarmers reported third quarter growth from all of its retail divisions, with Coles and Bunnings being the top performers.

Posted Thu 18/04/2013 12:00:00 / Read More »

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.

Posted Fri 15/02/2013 12:00:00 / Read More »

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.

Posted Thu 31/01/2013 12:00:00 / Read More »

Off to a good start: Wesfarmers

Wesfarmers has announced its first quarter results for the 2013 financial year.

Posted Thu 25/10/2012 12:00:00 / Read More »

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.

Posted Fri 17/08/2012 12:00:00 / Read More »

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.

Posted Tue 24/04/2012 12:00:00 / Read More »

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.

Posted Thu 16/02/2012 12:00:00 / Read More »

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.

Posted Thu 02/02/2012 12:00:00 / Read More »

Kmart installs new switching infrastructure

Kmart is replacing its local area network infrastructure across more than 180 stores, as well as its distribution centre and head office, to help lower operational costs.

Posted Wed 07/12/2011 12:00:00 / Read More »

Kmart DC gets new conveyor systems

Logistics systems supplier Dematic has completed the installation and commissioning of a conveyor systems at Kmart's new distribution centr in Melbourne.

Posted Fri 18/11/2011 12:00:00 / Read More »

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.

Posted Thu 10/11/2011 12:00:00 / Read More »

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.

Posted Fri 21/10/2011 12:00:00 / Read More »

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.

Posted Mon 22/08/2011 12:00:00 / Read More »

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.

Posted Fri 29/07/2011 12:00:00 / Read More »

Coles, Bunnings lift Wesfarmers' sales

Wesfarmer managing director Richard Goyser said the third quarter sales results were generally pleasing, despite that trading conditions were affected by macroeconomic conditions and natural disasters.

Posted Wed 20/04/2011 12:00:00 / Read More »

Kmart commits to QLD development

Construction is scheduled to commence in May 2011, and will comprise of a 50,036 sqm warehouse and 1,689 sqm of office space, hardstand area and additional hardstand expansion space.

Posted Wed 20/04/2011 12:00:00 / Read More »

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.

Posted Mon 31/01/2011 12:00:00 / Read More »

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.

Posted Mon 25/10/2010 12:00:00 / Read More »

DJs tops most trusted brand list

David Jones surpassed Myer by a small margin with 32 per cent of respondents stating that Myer was the most trusted department store brand while DJs came out on top with 36 per cent.

Posted Fri 08/10/2010 12:00:00 / Read More »

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.

Posted Fri 20/08/2010 12:00:00 / Read More »

Solid sales performance for Wesfarmers

Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.

Posted Fri 30/07/2010 12:00:00 / Read More »

Wesfarmers cautious about Q4 trading

Wesfarmers has announced its retail sales for Q3 of the 2010 financial year. The Coles division reported solid sales growth in the period, while Kmart and Target showed mixed results and lower margins than in the previous corresponding period.

Posted Fri 23/04/2010 12:00:00 / Read More »

Wesfarmers appoints new group general counsel

Wesfarmers has appointed commercial lawyer Paul Meadows as group general counsel. He will oversee all of Wesfarmers' legal matters and will serve as a member of the group's executive committee and leadership group.

Posted Wed 10/02/2010 12:00:00 / Read More »

HP solution to help retailers reduce carbon footprint

Kmart Australia and Ted's Camera Stores in Australia are about to implement a new HP publishing solution to help improve in-store photo services and reduce carbon footprint.

Posted Fri 18/09/2009 12:00:00 / Read More »

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.

Posted Fri 21/08/2009 12:00:00 / Read More »

Kmart to implement HP retail publishing solution

Kmart has selected Hewlett-Packard to provide retail publishing solutions across 184 stores in Australia and New Zealand.

Posted Tue 18/08/2009 12:00:00 / Read More »

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.

Posted Tue 21/04/2009 12:00:00 / Read More »

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