Wesfarmers decision to spinoff Coles into a separate business may just signal the end of supermarket power in Australia.
Where once supermarkets spelled out big dollars, the industry is changing and it...
It is no great surprise to me that Westfarmers are spinning off the Coles supermarket business, and associated liquor and variety businesses. It also makes sense that they are keeping Officeworks and Bunnings,...
Coles has dragged down the Wesfarmers 2018 first half year financial profits with its earnings falling 14.1 per cent on its 2017 first half results.
Wesfarmers, Coles’ parent company, was also impacted...
In news reminiscent of Woolworths’ Masters home improvement venture, Wesfarmers has reported it will be writing down the value of its UK and Ireland Bunnings investment by almost AUD $1 billion in its...
Chief Executive and Managing Director of Wesfarmers Richard Goyder has retired after 12 years in the role.
Goyder will be replaced by Rob Scott who has been Deputy Chief Executive of Wesfarmers since February...
Coles is testing low-sensory supermarket shopping for customers with autism.
Working with Autism Spectrum Australia, two Victorian Coles stores will now introduce “Quiet Hour” every Tuesday morning.
Quiet...
Coles has hit a major milestone, opening its 800th Australian supermarket.
Located in the Melbourne suburb, Epping North, the 800th store comes after 103 years since Coles was first established.
The new...
Wesfarmers new Managing Director, Rob Scott, will be paid far less than current Managing Director, Richard Goyder.
Wesfarmers is the parent company of Coles supermarket.
Scott, who takes on the MD role...
Coles supermarket has signalled it will continue to invest in its ‘everyday low pricing’ strategy to win over customers.
In reporting the financial results for the third quarter of its 2017 financial...
Wesfarmers’ Vintage Cellars has recognised 21 different alcoholic beverages as part of its annual Best Of Awards for 2017.
The awards have been running for seven years and are judged by an expert panel.
This...
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