Catch Sales Surge By 68.7%, Officeworks & Bunnings Also Soar
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June 9, 2020
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According to Wesfarmers latest trading update, Catch.com.au’s total sales in the second half of FY20 (up to 31st May) grew by 68.7%.... Read More
49% Of Australians Now Have Some Form Of Smart Home Tech
Bunnings research has found that smart home tech is taking off in Australia, with as much as 49% of the population now... Read More
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
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In his address to the Macquarie 2020 Conference, Wesfarmers CEO Rob Scott revealed that the group plans to make even great investments... 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
Bunnings Point Customers Online Ahead of ANZAC Rush
Wesfarmers-owned hardware giant, Bunnings, is urging customers to utilise its new online digital capabilities as it braces for strong ANZAC weekend trade... Read More
Online Sales Surge As PM Says Lock Down Will Not Be Lifted Any Time Soon
As traffic to retail stores fall by up to 70% retailers such as Bunnings, Officeworks, Big W and JB Hi Fi are... Read More
Bunnings Gears Up For Easter Rush, And Launches DIY Live For Australians In Lockdown
Bunnings is encouraging customers to get their shopping done earlier this week, ahead of what they say is traditionally a busy period... 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
Major Distributors Drop Staff Stock Financing For Some A Problem
Major distributors are laying off staff some up to 50% of their entire workforce due to the Coronavirus epidemic, this is despite... Read More
