KMart

The downgrades to Kmart and Target department store sales and earnings that Wesfarmers announced ahead of its annual strategy briefing today is consistent with the depressed state of consumer [...]

Wesfarmers has bought the online retailer Catch Group for $230 million, and hopes to use the pioneering Australian company’s e-commerce prowess to help guide its department stores Kmart and [...]

Last year’s massive portfolio reshaping by new chief executive Rob Scott, the centrepiece of which was the demerger of Coles, always meant Wesfarmers’ shareholders would be far more exposed to [...]

Retail giant Wesfarmers has reported a 27.6 per cent jump in full-year profit, but revealed a slump from its earnings powerhouse, Coles. The conglomerate said net profit after tax for the 12 [...]

Online retailer CatchOfTheDay has rebranded itself Catch and relaunched as a marketplace for other sellers in a move that puts it in direct competition with US giant Amazon.Since Amazon confirmed [...]