Woolworths continues to focus on its strategic priorities, which were initially outlined in 2011, as it continues to see good momentum in its results.
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Strong second half eases pain of a tough year for Harvey Norman
Harvey Norman has released its annual report for the 2013 financial year, showing declines in earnings and profits, largely driven by weaker results in the first half of the reporting period.
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.
Store rollout delivers positive results for The Reject Shop
Recently, some retailers have downsized their store footprint but The Reject Shop has been doing the exact opposite and it is starting to pay off.
Amidst transformation and uncertainty, Woolworths posts solid sales
Woolworths Limited has reported group sales of $59.2 billion for the past financial year, saying that, despite consumer uncertainty, the retailer is undergoing “transformation” and seeing solid growth.
Woolworths admits to massive Masters losses
Woolworths revealed that its Masters home improvement business is hemorrhaging money, losing almost $160 million before interest and tax.
Vend gets $6.6M capital backing
Cloud-based point of sale software company Vend has raised $6.6 million in new capital, with a third of the funds received from new Australian investors.
Stockland refines strategy to boost returns
Stockland plans to refine its strategy in hope it will create a pathway that will lead to stronger future returns.
Charter Hall pleased with outcome so far
Charter Hall Retail REIT continues to deliver in line with expectations the company announced as part of an operation update for the quarter ending 31 March 2013.