Wesfarmers Full-Year Profit Plunges As Target Writedown Bites
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August 24, 2016
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Wesfarmers’ full-year net profit after tax has plunged 83.3 per cent, impacted by an asset impairment on Target, with varying results delivered... Read More
Target Troubles: Wesfarmers Flags Writedown
Wesfarmers is set to take a hit on its full-year results, advising today that it expects a non-cash impairment of $1,100 million... Read More
Wesfarmers Investigation: Action Being Taken Against Target Employees
Wesfarmers has stated that action is being taken against Target employees following an investigation into supplier rebate arrangements, carried out after it... Read More
