BREAKING NEWS: Wesfarmers Close Kmart Stores Harvey Norman Tipped To Follow
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March 25, 2020
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Wesfarmers the operators of Target, Bunnings, Officeworks and Kmart has announced that the closure of 25 New Zealand K Mart stores, ChannelNews... Read More
COMMENT:Target Fate Inevitable As Losses Mount
If Wesfarmers move to shut down their struggling discount department store and many think they will it will see over 12,000 staff... Read More
BREAKING NEWS: Speculation Running Rampart Wesfarmers Planning To Close Target
Speculation is running rampant among suppliers to the Wesfarmers owned Target that the struggling retailer is set to be closed down in... Read More
ASX Bounces Back As Retailers Take Action
The ASX 200 is up 2.63% today, as a number of Australian retailers post positive sales results and strong action plans despite,... Read More
Windfall For Wesfarmers After $1.1b Worth Of Coles Shares Sold Off
Wesfarmers who today sold off $1 billion worth of stock in Coles has been hit with new payment claims relating to their... Read More
Wesfamers Admits To Multi Million Wage Theft
Wesfarmers has revealed further wage theft that now impacts Target staff after it previously underpaid superannuation belonging to Bunnings workers. In its... Read More
Target A Basket Case As Officeworks, KMart & Bunnings Deliver Growth
Target is still struggling while Bunnings, Officeworks and Kmart delivering growth for Wesfarmers. Earlier today the big retail group who sold out... Read More
David Jones Puts On A New Pair Of CEO Jeans
David Jones has a new CEO in former Levi Strauss executive Roy Bagattini, following the departure of Ian Moir in 2019 after... Read More
Bunnings Underpaid Super Nearly 10 Years
Wesfarmers-owned hardware giant, Bunnings, has admitted to underpaying its staff superannuation for nearly ten years, blaming a system error for the payroll... Read More
Wesfarmers Triple Profit, Kmart & Target Slump
Wesfarmers has reported a 360% jump in [statutory] full-year profit buoyed by its de-merger from Coles – with strong performance from Officeworks... Read More
