Toll Strikes Threaten Kmart’s Xmas
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November 15, 2021
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Toll workers across three states have gone on ‘indefinite’ strike in the lead up to Christmas, with hundreds of workers set to... Read More
Kmart, Officeworks, Target, IKEA Join Global Net Zero Push
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November 11, 2021
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Kmart, Officeworks, Target and IKEA Australia have committed to the global ‘Race To Zero Breakthroughs’ retail movement, which aims to speed up... Read More
Wesfarmers Stores Seeing “Pent-Up Customer Demand”: CEO
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October 21, 2021
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Wesfarmers CEO Robb Scott has told shareholders that its retail businesses are well positioned to recover, with strong sales “demonstrating a level... Read More
Kmart On The Up, Revenue Nears $10 Billion
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August 27, 2021
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Kmart Group has enjoyed a strong year, with revenue up 8.3 per cent to $9.98 billion, as parent Wesfarmers looks to grow... Read More
Wesfarmers Hits All-Time ASX High
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July 26, 2021
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Wesfarmers has been trading at an all-time high today on the ASX, reaching $62.69 just after 11am, after opening strongly at $62.11.... Read More
Retailers Most Trusted Brands In Australia: Roy Morgan
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July 6, 2021
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Retailers are dominating the list of Australia’s most trusted brands, occupying fully half of the top ten spots in Roy Morgan’s latest... Read More
Target Commercial Model Reset Is Complete, Says Wesfarmers
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June 3, 2021
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Target is now a “smaller and simpler business with a significantly reduced fixed cost base,” according to Wesfarmers, who held a Strategy... Read More
Wesfarmers Chief Executive Applauds The Budget
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May 12, 2021
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Wesfarmers chief executive Rob Scott has welcomed the Federal Budget, highlighting the support for small-to-medium business investment, saying it “recognises the central... Read More
Target Finally Gets Traction But Still Behind Kmart
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February 18, 2021
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Kmart and Target have posted increased revenue and profits in the second half of 2020, with Target sales going up even as... Read More
Wesfarmers Profits Up 16.6%, Bunnings Tops $1 Billion
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February 18, 2021
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Retail giant Wesfarmers, which owns Target, Kmart, Officeworks and Bunnings, posted an impressive revenue increase of 16.6 per cent to $17.7 billion.... Read More
