Articles with tag wesfarmers


Brexit expected to hurt Homebase turnaround

Wesfarmers could face heavy losses.

Posted Tue 28/06/2016 12:00:00 / Read More »

Homebase rebranded as Bunnings in the UK

Focus will be on low prices.

Posted Fri 10/06/2016 12:00:00 / Read More »

Fuel prices weigh on Coles Express sales

Food and liquor up, petrol down.

Posted Fri 22/04/2016 12:00:00 / Read More »

When supplier rebates turn sour

Former Target executives under the spotlight.

Posted Tue 05/04/2016 12:00:00 / Read More »

Amazon & Co: the barbarians at the gate

Wesfarmers chief warns of retails biggest threat.

Posted Thu 03/03/2016 12:00:00 / Read More »

More court action against Woolworths

Retailer puts rebate squeeze on suppliers.

Posted Wed 17/02/2016 12:00:00 / Read More »

Backlash on Bunnings expansion plans

UK home improvement competitor turns up the heat.

Posted Thu 28/01/2016 12:00:00 / Read More »

Revealed: Wesfarmers retail sales results

KMart surges ahead, Bunnings strong.

Posted Fri 23/10/2015 12:00:00 / Read More »

Wesfarmer's Richard Goyder to open the Retail Leaders' Forum

Sign up now for the March 2016 Retail Leaders' Forum.

Posted Fri 04/09/2015 12:00:00 / Read More »

Coles reports strong retail growth

Coles food and liquor sales up 5%.

Posted Fri 21/08/2015 12:00:00 / Read More »

EDA expands into Asia and appoints new Chief Operating Officer

As a leader in the retail and point of sale space, EDA Australasia (EDA), is at the forefront of innovation for the latest technologies and industry trends.

Posted Wed 06/08/2014 12:00:00 / Read More »

Retailers praise new Free Trade Agreement with Japan

With 126 million people, Japan is the 10th biggest country in the world and its US $4.8 trillion GDP makes its economy the world's fourth largest (behind the United States, China and India).

Posted Fri 11/07/2014 12:00:00 / Read More »

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 »

Marks & Spencer's Gillian Ridley Whittle to join Target

Target has potentially swiped one of UK's 'leading ladies' in retail from Marks & Spencer.

Posted Wed 23/10/2013 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 »

Target to face changes

Uncertainty for hundreds of jobs at Target remains at large.

Posted Thu 06/06/2013 12:00:00 / Read More »

Under fire Coles to add 200 stores

Coles' liquor business faced another reproach from one of its longtime critics, but boss Ian McLeod said the division is improving its profitability and will add 200 stores within the next five years.

Posted Thu 30/05/2013 12:00:00 / Read More »

Wesfarmers downgrades Target's earnings

Wesfarmers has provided a dismal downgrade to Target's earning for the 2013 financial year.

Posted Fri 17/05/2013 12:00:00 / Read More »

Officework unveils Sydney concept store

Officeworks has opened its new city concept store in the Sydney CBD as a tenant of the newly completed ANZ Tower.

Posted Mon 06/05/2013 12:00:00 / Read More »

Coles, ISPT enter property joint venture

Coles has entered into a joint venture with ISPT, which will acquire a 75 per cent interest in an initial portfolio of 19 Coles-owned shopping centres.

Posted Fri 03/05/2013 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 »

Target gets a new boss

Target MD Dene Rogers is leaving the company and will be replaced by Stuart Machin.

Posted Tue 09/04/2013 12:00:00 / Read More »

Jennifer Westacott joins Wesfarmers board

Wesfarmers has welcomed Jennifer Westacott to the board of directors.

Posted Thu 04/04/2013 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 »

Coles gets new finance director

Wesfarmers' current managing director of Wesfarmers Insurance will take on the role.

Posted Mon 21/01/2013 12:00:00 / Read More »

Local giants take on international retailers

Woolworths and Wesfarmers joins Deloitte’s top 20 retailers list.

Posted Thu 17/01/2013 12:00:00 / Read More »

Dematic awarded wireless warehouse rollout

Dematic has won Wesfarmers Industry & Safety Service Provider of the Year Award.

Posted Wed 12/12/2012 12:00:00 / Read More »

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.

Posted Thu 15/11/2012 12:00:00 / Read More »

Wesfarmers, DHL set up e-waste collection

Under the National Television and Computer Recycling Scheme, a network of computer equipment collection points will be established at Officeworks.

Posted Thu 01/11/2012 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 »

Wesfarmers offers Seek co-founder director's job

Wesfarmers has offered the co-founder of job search site Seek Paul Bassat the position as director of the company.

Posted Thu 20/09/2012 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 MD to stay on

Wesfarmers has extended Coles managing director Ian McLeod’s employment contract, which was initially signed for five years.

Posted Thu 31/05/2012 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 »

Stockland sells land to Coles

Stockland has sold a 7.7 hectare block of land in Melbourne to Wesfarmers' Coles division for an undisclosed amount.

Posted Mon 05/12/2011 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 »

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.

Posted Wed 21/09/2011 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 »

JB Hi-Fi wins the heart of consumers

According to the 2011 Corporate Reputation Index, compiled by research consultancy AMR, JB Hi-Fi is viewed by Australians as having the best overall reputation based on strong perceptions around its products and innovation.

Posted Tue 19/04/2011 12:00:00 / Read More »

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.

Posted Mon 04/04/2011 12:00:00 / Read More »

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.

Posted Fri 18/02/2011 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 »

Aus brands make world retail list

Woolworths and Wesfarmers are the only locals that made it to Deloitte's Global Powers of Retail 2011 list of 250 largest retailers, which was based on their sales performance for the fiscal year 2010.

Posted Thu 20/01/2011 12:00:00 / Read More »

GST is not to blame

Assistant treasurer Bill Shorten believes Australian retailers are exaggerating that the low value threshold on imported goods is responsible for the tough Christmas period.

Posted Wed 05/01/2011 12:00:00 / Read More »

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.

Posted Fri 12/11/2010 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 »

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.

Posted Mon 27/09/2010 12:00:00 / Read More »

Wesfarmer director resigns

After 20 years with the company, David White has announced his resignation from the board of Wesfarmers as non-executive director.

Posted Thu 16/09/2010 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 appoints new director to the board

Wesfarmers has announced the appointment of Vanessa Wallace as a new director of the company.

Posted Thu 08/07/2010 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 director

Wesfarmers has appointed Wayne Osborn as a new director of the company.

Posted Fri 26/03/2010 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 »

New senior level appointments for Wesfarmers

Wesfarmers has appointed Diane Smith-Gander as a new director and Archie Norman as an advisor to the board on retail issues.

Posted Fri 28/08/2009 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 »

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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