.jpg)
Wesfarmers downgrades Target's earnings
Wesfarmers has provided a dismal downgrade to Target's earning for the 2013 financial year.
Law changes need to stop parallel import
The Australian Sporting Goods Association is calling on the government to fix Australian laws around trademark protection and parallel importing.
Coles, Bunnings drive Wesfarmers
Wesfarmers reported third quarter growth from all of its retail divisions, with Coles and Bunnings being the top performers.
Target gets a new boss
Target MD Dene Rogers is leaving the company and will be replaced by Stuart Machin.
Disney, Target debuted Disney Princess virtual wall
The Disney Princess virtual wall enabled consumers to engage with the Disney Princess experience.
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.
Piping hot success with Target
Surfbrand Piping Hot is celebrating 15 years of having a direct to retail license with Target.
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.
Big W, Target top list for customer satisfaction
Discount department stores are giving online and premium outlets a run for their money when it comes to customer satisfaction.
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.
Target in trouble with MAC Cosmetics
Target is under fire for allegedly selling fake M•A•C Cosmetics but the retailer said it "just doesn’t know" if the good that were sold in its stores from August 8 – which have now been removed from the shelves – were real or not.
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.
Target measures customers with 3D scanner
With an aim to identify dominant body shapes of sizes of Australian consumers so it can ensure it is designing the right fitting clothes for its customers, Target has launched a national sizing study using 3D technology.
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.
Specialty stores winning customers over
Large mall-based retail chains may face a difficult future as more consumers turn towards dedicated specialty stores for their shopping, according toMacquarie Equities Research.
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.
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.
Target finds new MD
Effectivve 2 November, Dene Rogers will replace Target's MD Launa Inman, who announced her decision to leave the company last month.
Target's MD resigns
Launa Inman has announced her intention to step down as managing director of Target, one of Australia’s biggest retailers and part of the Wesfarmers Group.
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.
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.
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.
Target expands online
The new site is leveraged by multi-channel commerce software vendor Hybris’ B2C commerce platform solution, which allows Target to customise and update the site based on new product developments.
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.
Online catalogues for Telstra customers
Telstra T-Hub customers will now have access to catalogues including Target, Snooze and Toys R Us as part of an exclusive deal with retail marketing specialist CC Media.
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.
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.
Solid sales performance for Wesfarmers
Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.
New CEO for Retail Adventures
Retail Adventures has appointed David Young as its new chief executive officer.
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.
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.
Target Australia cautiously optimistic about 2010
Launa Inman, managing director of Target Australia, is cautiously optimistic about the year ahead, despite the potential for less discretionary spend driven by increased mortgage interest rates.
Consumers to spend $20.5 billion in Christmas sales
Despite economic talk turning towards recovery, IBISWorld predicts rising interest rates and the absence of cash hand-outs will see consumers saving more than spending this Christmas.
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.
'Shocking' travel adaptors recalled from Target stores
It has been announced that approximately 2000 world travel adaptors distributed in Target stores are being recalled due to potential safety concerns, including electric shock, death or property damage.
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.
