Coles ‘invests in lower prices’, lifts Wesfarmers’ earnings
Wesfarmers has reported a net profit after tax from continuing operations of $1,376 million for the half-year ended 31 December 2014, an...
Shoppers to spend $45 billion in pre-Christmas retail sales
Peak retail industry body the Australian Retailers Association (ARA) has found retailers will be able to count on some steady improvement in...
Woolworths sees ‘lower than expected’ first quarter growth
Australian supermarket giant Woolworths has reported first quarter sales of $16.2 billion for the 2015 financial year, an increase of 3 per...
Woolworths rejects rumour it will sell Big W
Australian supermarket giant Woolworths has rejected reports that it is considering selling its department store chain Big W.
The Australian newspaper had reported...
Coles and Bunnings have contributed to profit increase for Wesfarmers
Coles’ parent company Wesfarmer’s Limited (Wesfarmer’s) has announced a net profit after tax of $1,429 million for the half-year...
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