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...

Wesfarmers will potentially spin off around 25 of its Coles Supermarket properties by the end of 2012, valued at around $700 Million. It has been reported that Wesfarmers has enlisted investment banks...