Wesfarmers Defends Big Profit, Says Pollies Should Show Some Love
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November 1, 2024
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The Chairman of Wesfarmers – the corporation behind major brands including Bunnings, Kmart, Target, Officeworks, Priceline and catch.com.au – has suggested politicians... Read More
Bunnings CEO Pushes Back On Claims Of Price Gouging
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September 16, 2024
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Mike Schneider, the chief executive of the Wesfarmers-owned Bunnings, said that the hardware giant took its promise to beat any competitor’s price... Read More
Wesfarmers Online Catch Slumps From $1B Valuation To Just $18M
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August 29, 2024
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Catch is still a basket case for Wesfarmers, with revenue falling 28.5% to $524M. Wesfarmers acquired Catch Group in June 2019 for... Read More
Target Could Be Kmart Group’s Achilles’ Heel
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August 29, 2024
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Kmart, once the troubled child within the Wesfarmers family, has mended its ways, though its sibling Target is now the one that... Read More
Officeworks Revenues Up 2.8% Profits Up 4%
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August 29, 2024
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Despite the uproar when a Palestinian protester refused to serve a Jewish customer Officeworks has managed to lift revenues 2.8% and profits... Read More
Bunnings Outlines Business Strategy For 2025
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August 19, 2024
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The Wesfarmers-owned Bunnings which holds a large market share of hardware and horticulture sales in Australia and has recently moved into the... Read More
BREAKING NEWS: RBA Holds Rates, Market Conditions ‘Uncertain, Slow & Uncertain”.
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August 6, 2024
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The Reserve Bank has held rates at 4.25% as the Australia’s stock market climbed higher as investors came back into the market... Read More
JB Hi-Fi Shares Climb To Record High
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July 23, 2024
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JB Hi-Fi has hit a record high ahead of their latest financials being reported on August 12th. As of this morning shares... Read More
JB Hi-Fi Shares Surge As Officeworks Owners Shares Wobble
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July 10, 2024
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JB Hi-Fi shares have continued their run and are now a standout as the market marks down big retailers including Wesfarmers and... Read More
Wesfarmers Catch Now A Basket Case, Speculation It Will Be Sold
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June 11, 2024
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Catch founders Gabby Leibovich and Hezi Leibovich pocketed $290M when they sold the online business to Perth retail conglomerate Wesfarmers, now the... Read More
