Kmart Suffers From Long Covid, Earnings Plummet 40%
/
August 26, 2022
//Comments are Off
Kmart and Target suffered from mass store closures and supply chain congestion, with earnings down a massive 39.7 per cent for the... Read More
Wesfarmers Profits Slip, Bunnings Remains Weatherproof
/
August 26, 2022
//Comments are Off
Wesfarmers saw profits slip during a challenging twelve month period where both the Kmart Group and Officeworks took big earnings hits. Wesfarmers... Read More
Serious Questions Raised About Wesfarmers Online & Data Capture Losses As Shares Tank
/
July 6, 2022
//Comments are Off
Serious questions are being raised as to the future of Wesfarmers retail operations and their investments in online retailing and data capture... Read More
Retailers Look To Cancel Supplier Orders As Market Changes
/
June 8, 2022
//Comments are Off
Suppliers are facing a new problem, retailers who want to cancel orders. As the Reserve Bank lifts interest rates and consumer confidence... Read More
Wesfarmers Retail Well-Positioned To Thrive: CEO
/
June 2, 2022
//Comments are Off
Despite growing concerns about inflation, Wesfarmers boss Rob Scott says customers at Kmart and Bunnings have not changed their shopping behaviour. But... Read More
JB Hi-Fi Shares Down 6% As Consumer Market Falls
/
May 19, 2022
//Comments are Off
After falling more than 8 per cent in early trading, stocks in JB Hi-Fi remain down by more than 6 per cent... Read More
Wesfarmers Launches OnePass Across Kmart, Target, Catch
/
May 18, 2022
//Comments are Off
Wesfarmers has launched its members program OnePass, which brings Kmart, Target and digital store Catch under one broader subscription service, with more... Read More
Wesfarmers Facing Problems, Catch A Mess, Citi Recommends Sell
/
May 17, 2022
//Comments are Off
Wesfarmers the owner of Bunnings, Kmart, Target, Officeworks and the struggling Catch online site has been rated as a sell with the... Read More
Former Target, Officeworks Boss Joins AusPost Board
/
April 6, 2022
//Comments are Off
Former Target and Officeworks managing director Launa Inman has been appointed to Australia Post’s board as a non‑executive director. Inman’s three-year term... Read More
Wesfarmers To Power 147 Stores With Green Energy
/
April 1, 2022
//Comments are Off
Kmart, Target, Bunnings, and Officeworks stores in Queensland will be powered by renewable electricity under a deal signed with clean energy provider... Read More