Woolworths Races Ahead Of Rivals In Latest Quarterly
Woolworths has left its biggest rival behind, with the supermarket delivering one of its strongest quarterly results in years. In a press... Read More
Officeworks IPO Begins To Take Shape
Wesfarmers have begun the process of selling off their stationary chain-store Officeworks, with early valuations for the company As reported by the... 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
K Mart Is Up For Sale Claim Insiders
Wesfarmers is believed to be considering the floating of both their K Mart and Officeworks operations with one major investor having already... Read More
Officeworks, Heading For An IPO, As Trade Sale Prospects Fail To Materialise
A public offering of shares in the Wesfarmers owned Officeworks is shaping up as the way to go as potential trade sale... Read More
Wesfarmers Report 13.2% Profit Growth, Plan To Sell Off Officeworks As Coles Loses Ground
As previously indicated by outgoing Wesfarmers Managing Director Richard Goyder, Coles has lost ground to rival Woolworths, reporting lower sales growth in... Read More
Wesfarmers CEO To Step Down As Coles Falls Behind
Wesfarmers CEO Richard Goyder is set to step down from his role as the company’s CEO and managing director, with the industrial... 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