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Wesfarmers
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ACCC Invites Comments on Metcash's Acquisition Plans for Home Timber and Hardware
Jul 18, 2016The Australian Competition and Consumer Commission (ACCC) is inviting comments on a draft undertaking from Metcash which intends to resolve concerns regarding its proposed acquisition of Woolworth’s Home Timber and Hardware. The ...
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Wesfarmers Cleans up Target's Supplier Rebate Arrangements
Apr 15, 2016On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous
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Coles FlyBuys Take Flight with New Travel Booking Website Launched
Apr 11, 2016Coles supermarkets are launching a travel bookings website allowing customers to use and accumulate FlyBuys points. The FlyBuys rewards program, which was first introduced in 1994, will now let customer’s book flights, hotels and ...
Tags: Coles, Travel Booking Website, FlyBuys
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TWU Gathers On The Retail Front
Mar 22, 2016Coles has been a focus of the TWU’s road transport campaign promoting ‘Safe Rates’. The Transport Workers’ Union has lodged an application at the road safety watchdog to force major retailers to pay transport ...
Tags: TWU, Coles, Safe Rates, Retail front
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Coles Returns Top Profits for Wesfarmers, Latest Results
Feb 29, 2016Wesfarmers has attributed its latest successful half-yearly results to a strategic emphasis on customer service, good value and improved product ranges in its Coles supermarkets and other retail stores. The parent company of Coles ...
Tags: Wesfarmers, Retail business
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Australia's Stanmore on Track to Restart Idled Isaac Plains Coal Mine in H1 2016
Dec 18, 2015Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...
Tags: thermal coal, coal
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Dan Murphy’s Continues to Dominate Liquor Retail Market
Nov 18, 2015Dan Murphy is blitzing its competition with a new study from Roy Morgan Research revealing 1.2 million Australians visit the store each week. Once in a Dan Murphy’s store shoppers are not just spending their loose change either. Roy ...
Tags: Liquor, alcohol market, Wine
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Coles Good Results Based on Finding The Key Ingredient Is Customer Value
Aug 27, 2015Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical
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Ian Mcleod Resigned From Wesfarmers,Accepting an Offer to Bi-Lo Holdings
Jan 28, 2015Former Coles boss, Ian McLeod has resigned from his position with Coles’ parent company Wesfarmers, accepting an offer to become President and Chief Executive Officer of Bi-Lo Holdings, one of the largest supermarket operators in the ...
Tags: retail market, Agriculture
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The Increase in The Availability of Electric Vehicles Disrupt The Fuel Retail Operations
Dec 24, 2014The increase in the availability of electric vehicles has the potential to disrupt the fuel retail operations of supermarket giants Woolworths and Coles, according to market research organisation IBISWorld. Fuel retailers such as ...
Tags: electric vehicles, Agriculture
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Food Manufacturing Was One of Four Manufacturing Sub-Sectors to Expand in November 2014
Dec 24, 2014Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
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Coles Admits That It Engaged in Unconscionable Conduct Against Suppliers in 2011
Dec 16, 2014The ACCC and supermarket group Coles have settled both cases of unconscionable conduct aimed at the company. Coles has admitted that it engaged in unconscionable conduct against a number of suppliers in 2011. The ACCC is now seeking ...
Tags: grocery suppliers, food, suppliers, Packaging
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Pacific Brands Has Entered Into an Agreement to Sell Its Workwear Business
Aug 27, 2014Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel
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Wesfarmers' Officeworks Has Reported a Record Result for The 12 Months to 30 June 2014
Aug 22, 2014Wesfarmers’ Officeworks has reported a record result for the 12 months to 30 June 2014. The business achieved total sales of $1.57 billion, up 4.7 per cent on the prior year. Earnings before interest and tax (EBIT) of $103 million, ...
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Liquor Retailing Is Growing, and Sheltered From Supermarket Price Wars
Apr 30, 2014Liquor retailing is growing, and sheltered from supermarket price wars Much has been reported on the battle for consumers' hearts, minds and money by Australia's two biggest supermarket groups, and liquor retailing may yet play a key role ...
Tags: Agriculture, Food, Wine