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
Retail Boss Questions Whether $130-Billion Handout Will Be Enough
Rob Scott, the Managing Director of Wesfarmers Group, believes that the government’s wage subsidy payment of $1500 per fortnight “only goes so... 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
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
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
BREAKING NEWS: Speculation Running Rampart Wesfarmers Planning To Close Target
Speculation is running rampant among suppliers to the Wesfarmers owned Target that the struggling retailer is set to be closed down in... Read More
ASX Bounces Back As Retailers Take Action
The ASX 200 is up 2.63% today, as a number of Australian retailers post positive sales results and strong action plans despite,... Read More
Windfall For Wesfarmers After $1.1b Worth Of Coles Shares Sold Off
Wesfarmers who today sold off $1 billion worth of stock in Coles has been hit with new payment claims relating to their... Read More
Wesfamers Admits To Multi Million Wage Theft
Wesfarmers has revealed further wage theft that now impacts Target staff after it previously underpaid superannuation belonging to Bunnings workers. In its... Read More