Nick Aboud’s Cheap As Chips Could Be For Sale
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September 6, 2020
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Cheap As Chips which is run by former Dick Smith CEO Nick Aboud could be up for sale as Australians take to... Read More
Bunnings & Officeworks Earnings Up 13%, Kmart Group Slumps
Wesfarmers-owned hardware giant, Bunnings, has reported a 13.9% jump in full-year earnings, contrast by a 23.5% decline in department store earnings for... Read More
Target Lists Huge Range On Catch After Wesfarmers Buy
Embattled department store, Target Australia, has commenced selling thousands of products on e-tailer Catch, as it continues to wind back its physical... Read More
Serious Questions Being Asked About Big W Future After Target Chainsaw Carve Out
Serious questions are being asked about the future of Big W following the decision by Wesfarmers to take a chainsaw to Target... Read More
Citi Analysts: ‘Target-To-Kmart Conversion Set To Boost Sales
Citi analysts expect that Wesfarmers’ move to close unprofitable Target stores and convert other Target locations to Kmart stores will help to... Read More
COMMENT: Is It Time For Retailers Like Harvey Norman To Join Target & Restructure?
A few weeks ago, we tipped the closure of underperforming Target stores and I am tipping more closure of stores as the... Read More
Official Wesfarmers To Close Target Stores
In order to further accelerate the strong growth that Kmart has witnessed since the onset of COVID-19, Wesfarmers has outlined a plan... Read More
Exclusive: Target Tipped To Exit TV’s, Seiki Could Be Big Loser
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May 19, 2020
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As speculation swirls around the future for the Wesfarmers owned Target, ChannelNews has been told that the big discount retailer is set... 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
Big W Profit Still On The Cards Despite COVID19
Embattled discount department store, Big W, has continued to progress its turnaround strategy, with parent company Woolworths still expecting the retailer to... Read More
