COVID Warning For Shoppers At Inner-West Sydney Westfield
Shoppers who visited the Westfield at Burwood in Sydney’s inner west have been told to be on high alert for COVID-19 symptoms... Read More
S&P Delivers Positive Report For Wesfarmers Retail Stores
Following on from Wesfarmers’ strong earnings report for FY20, credit ratings agency S&P Global Ratings has announced that it believes the group... Read More
Bunnings & Officeworks Earnings Up 13%, Kmart Group Slumps
Wesfarmers-owned hardware giant, Bunnings, has reported a 13.9% jump in full-year earnings, contrast by a 23.5% decline in department store earnings for... Read More
Scentre Appoints Former Kmart CEO To Board
Scentre Group, which owns Westfield shopping malls, has appointed Guy Russo – a former Senior Executive of Wesfarmers Group – to its... Read More
Wesfarmers Shuts All Retail Stores In Melbourne For 6 Weeks
Wesfarmers has confirmed that it will close its retail stores in Melbourne for six weeks from midnight on 5th August, in line... Read More
Android Lends A Hand In Kmart
SYDNEY: Wesfarmers-owned Kmart is the first Australian retail group to deploy an Android Voice-based system that is claimed to guide store and... Read More
Target Lists Huge Range On Catch After Wesfarmers Buy
Embattled department store, Target Australia, has commenced selling thousands of products on e-tailer Catch, as it continues to wind back its physical... Read More
Wesfarmers Tipped To Lament $3.6B Target Hole
Wesfarmers-owned department store, Target Australia, is tipped to have accrued total write-downs, impairments and goodwill relocation of $3.65 billion since 2012 according... Read More
Serious Questions Being Asked About Big W Future After Target Chainsaw Carve Out
Serious questions are being asked about the future of Big W following the decision by Wesfarmers to take a chainsaw to Target... Read More
Citi Analysts: ‘Target-To-Kmart Conversion Set To Boost Sales
Citi analysts expect that Wesfarmers’ move to close unprofitable Target stores and convert other Target locations to Kmart stores will help to... Read More