Target Pays $18m For Data Breach
US retailer Target has agreed to pay US$18.5 million to resolve an investigation by multiple state prosecutors into its massive 2013 hack,... Read More
Officeworks, Kmart And Bunnings Help Wesfarmers Hit Profit In Latest Quarterly
Wesfarmers have managed to eke out moderate – albeit slowing – sales growth in the third financial quarter of 2017, despite the continued sale... Read More
Wesfarmers Full-Year Profit Plunges As Target Writedown Bites
Wesfarmers’ full-year net profit after tax has plunged 83.3 per cent, impacted by an asset impairment on Target, with varying results delivered... Read More
Target Troubles: Wesfarmers Flags Writedown
Wesfarmers is set to take a hit on its full-year results, advising today that it expects a non-cash impairment of $1,100 million... Read More
Wesfarmers Investigation: Action Being Taken Against Target Employees
Wesfarmers has stated that action is being taken against Target employees following an investigation into supplier rebate arrangements, carried out after it... Read More