Coles May Axe Hundreds of Jobs
450 executive roles at Coles HQ could be axed as new CEO Steven Cain aims to cut costs ahead of Cain’s first investor... Read More
Kmart & Target Downgrade Profit After Catch Acquisition
Wesfarmers has downgraded profit forecasts for the Kmart Group just hours after splurging $230 million buying Catch, an acquisition it hopes will... Read More
Major Expansion Plans For Officeworks, Connected Home & Education
Retail conglomerate Wesfarmers has announced a major expansion of their Officeworks operation with the retailer set to expand into the Connected Home,... Read More
BREAKING NEWS: Wesfarmer Buy Catch New K Mart Online Division
Days after Gerry Harvey purchased Seconds World From administration Wesfarmers has snared the Catch Group owners of Catch of The Day where... Read More
Bunnings Ramp Up E-Commerce & Smart Home Tech
Hardware giant Bunnings has confirmed it will debut a fully transactional e-commerce site in 2020, following the launch of its first click... Read More
Officeworks Buys Mobile Tech Repairer ‘Geeks2U’
Local stationery and office supply behemoth, Officeworks, has acquired mobile tech support and repair firm ‘Geeks2U’, boosting its value proposition and revenue... Read More
ACCC Fines Target Over Unsafe Strollers
The ACCC has today fined Target Australia $37,800 for selling and marketing unsafe convertible strollers. Baby Bunting has also been fined $25,200,... Read More
Wesfarmers Shares Soar After $4.2B Profit
Retail conglomerate, Wesfarmers, has post a whopping $4.5 billion interim profit, with shares soaring 5.75% after reporting the return of $1.1 billion to... Read More
Kmart Sends Wesfarmers Shares Down
UPDATE – Shares in Wesfarmers have dived 3% after market open to $30.99, after the conglomerate warned of lower-than-expected department store sales.... Read More
Woolworths Eyes Christmas For Big W Turnaround
Woolworths Chief Executive, Brad Banducci, asserts this Christmas is a “significant opportunity” for Big W to improve performance, despite being “early” in... Read More