Under Pressure Retailers Calls For Reforms & New Government In 2025
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December 6, 2024
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The latest OECD Economic Outlook should be a warning shot for Australian retailers on the exorbitant cost of another three years of... Read More
Wesfarmers Judgement Questioned After Yes Vote Failure
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October 16, 2023
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Wesfarmers the retailer who heavily backed the Yes vote is today facing some thorny issues, after the nation voted an overwhelming no... Read More
Catch Cleanup Will Drag OneDigital To $250M Loss
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May 30, 2023
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Wesfarmers is gutting and rebuilding recently-acquired online retailer Catch Group, in hopes their $230 million acquisition will soon stop bleeding losses. Since... Read More
Wesfarmers Chair Forecasts Further Rate Hikes, Inflation Woes
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May 29, 2023
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Wesfarmers chairman Michael Chaney has forecast more rate rises are in store, and that years of inflation are ahead. Chaney made these... Read More
Wesfarmers CEO Sells $9.1M Stake
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April 14, 2023
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Wesfarmers CEO Rob Scott has offloaded $9.1 million of shares in the Perth conglomerate, in order to meet his tax obligations. According... Read More
Kmart Drives Strong Wesfarmers Results: Bunnings, Officeworks Flat
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February 15, 2023
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Wesfarmers has delivered a 14.1 per cent leap in net profit to $1.384 billion, driven by Kmart more than doubling its earnings... Read More
Cost-Of-Living Pressures Benefit Bunnings, Kmart: Wesfarmers Boss
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October 28, 2022
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Wesfarmers CEO Rob Scott says the rising cost of living has seen value-conscious shoppers head to Kmart and Bunnings. Speaking after the... Read More
Wesfarmers Retail Well-Positioned To Thrive: CEO
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June 2, 2022
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Despite growing concerns about inflation, Wesfarmers boss Rob Scott says customers at Kmart and Bunnings have not changed their shopping behaviour. But... Read More
Woolies, Wesfarmers CEOs Want Local Production, Skilled Migration
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May 23, 2022
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As Anthony Albanese is sworn in as Australia’s 31st Prime Minister, the CEOs of two of Australia’s biggest retail groups have called... Read More
Wesfarmers Launches OnePass Across Kmart, Target, Catch
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May 18, 2022
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Wesfarmers has launched its members program OnePass, which brings Kmart, Target and digital store Catch under one broader subscription service, with more... Read More
