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.
Despite several hurdles like a soft economic environment and price deflation in a number of categories, Wesfarmers remained at the top of its game.
Wesfarmers has lifted its net profit by 6.3 per cent for the FY13 due to a strong earnings achieved by its retail portfolio.
Officeworks has been appointed as a supplier of office and education supplies to Queensland government.
Officeworks and GRA have developed new business's planning functions, including significant improvements to processes and systems.
Officeworks has opened its new city concept store in the Sydney CBD as a tenant of the newly completed ANZ Tower.
Officeworks has appointed a new director of merchandise, marketing, logistics and store development.
Once again, Coles continues to drive Wesfarmers growth with the company reporting a 9.3 per cent increase in first half earnings.
Wesfarmers has recorded positive sales results for all of its retail businesses in the first half of the financial year.
Under the National Television and Computer Recycling Scheme, a network of computer equipment collection points will be established at Officeworks.
Wesfarmers has announced its first quarter results for the 2013 financial year.
Energizer Australia has become the first supplier to become GS1net live with Officeworks.
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.
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.
Wesfarmers has come out on top for the tenth quarter straight over rival Woolworths boasting Coles delivered a "record-breaking" 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.
Strong sales continue to be achieved by Coles and Bunnings despite consumer sentiment remaining subdued throughout the 2012 first quarter.
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.
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.
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 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.
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.
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.
Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.