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
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
Notebooks In Short Supply As Demand Surges
Demand for PC’s is surging in Australia, the only problems are stock availability according to several retailers. Intel the world’s largest chipmaker... Read More
JB Hi Fi Not For Sale After Wesfarmers Speculation
JB Hi Fi stock rose today after speculation emerged that the cashed-up Wesfarmers Group, who earlier this week sold down their shareholding... Read More
Wesfarmers Pitch To Keep Officeworks & Bunnings Open As They Exit Coles
Wesfarmers who has not denied speculating that they are set to close down their loss making Target stores has said that they... Read More
UPDATED: Retailers Face Close Down PM, QBE Tipped To Cut Insurance Risk
Despite pleas to both Federal and State Governments consumer electronics and appliance retail stores face being shut down from Monday of next... Read More
BREAKING NEWS: Wesfarmers Close Kmart Stores Harvey Norman Tipped To Follow
Wesfarmers the operators of Target, Bunnings, Officeworks and Kmart has announced that the closure of 25 New Zealand K Mart stores, ChannelNews... Read More
BREAKING NEWS: Call To Shut All None Essential Retail Stores & Shopping Centres Immediately
State and Federal Government Ministers are facing a major dilemma, shutting down all retail shops which will see thousands hit the unemployed... Read More
COMMENT:Target Fate Inevitable As Losses Mount
If Wesfarmers move to shut down their struggling discount department store and many think they will it will see over 12,000 staff... Read More
Target A Basket Case As Officeworks, KMart & Bunnings Deliver Growth
Target is still struggling while Bunnings, Officeworks and Kmart delivering growth for Wesfarmers. Earlier today the big retail group who sold out... Read More