COMMENT: Is It Time For Retailers Like Harvey Norman To Join Target & Restructure?
A few weeks ago, we tipped the closure of underperforming Target stores and I am tipping more closure of stores as the... Read More
Official Wesfarmers To Close Target Stores
In order to further accelerate the strong growth that Kmart has witnessed since the onset of COVID-19, Wesfarmers has outlined a plan... Read More
Wesfarmers To Double Down On Online Channels
In his address to the Macquarie 2020 Conference, Wesfarmers CEO Rob Scott revealed that the group plans to make even great investments... Read More
Wesfarmers Tipped To Snare Amazon Exec for Catch Group
UPDATE: Wesfarmers has confirmed its appointed former Amazon US executive, Peter Sauerborn, as its new Managing Director for Catch Group, who will join... Read More
Big W Profit Still On The Cards Despite COVID19
Embattled discount department store, Big W, has continued to progress its turnaround strategy, with parent company Woolworths still expecting the retailer to... Read More
BREAKING NEWS: Future For Target Looks Grim Wesfarmers Openly Discussing Problems
Wesfarmers has finally moved to openly discuss the future of Target after we exclusively revealed that the struggling business is close to... Read More
Oz Retail Rents May Dip 30% Next Two Years
Australian retail rents are tipped to drop by as much as 30% in the next two years from the economic impact of... Read More
Catch MD Exits After Wesfarmers Sale
Catch Managing Director, Nati Harpaz, has announced he’s leaving the company after nearly four years, following its sale to Kmart and Target... Read More
Harvey Norman Gets Million In Government COVID-19 Handouts
Harvey Norman has been handed a massive NZ$12.7 million in Government handouts following the outbreak of the Coronavirus. The New Zealand Government... Read More
Kmart Insists There Was ‘Minimal Risk’ To Customers After Employees Test Positive For COVID-19
Chadstone Kmart, located in Melbourne’s popular Chadstone Mall, closed yesterday afternoon, after two casual team members tested positive for COVID-19. “As soon... Read More