The "merger" of Target and Kmart may save Wesfarmers from having to write down its struggling department store chain by as much as $800 million, denting bottom-line profits.Industry [...]
Wesfarmers’ new department stores chief Guy Russo is under pressure to assess whether to accelerate the turnaround strategy at Target or come up with a new strategy following a sharp fall [...]
Former Target managing director Stuart Machin has defended his legacy at the discount department store chain as Wesfarmers moves closer to completing an investigation into whether the retailer [...]
Amid all of the moving parts at Target Corp., one of the biggest question marks is an upcoming food makeover.The overhaul aims to make Target’s grocery department into more of a destination [...]
Conglomerate Wesfarmers says it is pleased with the performance of its retail business, with supermarket chain Coles meeting expectations with its third quarter sales, hardware chain Bunnings [...]
