Three years and one pandemic since Wesfarmers spent $230 million to acquire it,online marketplace Catch’s growth story has had its fair share of hiccups.
The head of major office supplies seller Officeworks has said she expects hybrid home/office working to be a permanent fixture even after the pandemic.
Bunnings went into reverse,CSL got a flu vaccine booster,and all eyes were on Fortescue’s shock dividend payment this week.
The head of Bunnings and Kmart owner Wesfarmers is confident the business will be able to offset a deluge of COVID-driven cost rises as earnings dropped in the December half.
Australia’s largest listed retailers are set for a volatile and potentially punishing corporate reporting season this month.
Australia’s first purpose-built assembly plant to manufacture hydrogen-powered commercial vehicles will be built in Noble Park.
Over December and January as physical stores reopened there emerged a new set of challenges - the scarcity of staff and an abundance of consumer fear.
Wesfarmers has warned its discount chains,Kmart and Target,are taking a hit as the Omicron variant scares away shoppers and disrupts deliveries to stores due to COVID-related staffing shortages.
Wesfarmers is now the frontrunner to take over the company that also owns the Soul Pattinson Chemist and Pharmacist Advice chains.
Costco’s sales in Australia hit nearly $3 billion in 2021 - a record for the US membership-only supermarket chain.
Comfortable fashion and kitting out the home office led Uniqlo and IKEA to post bumper profits in 2021 despite rolling lockdowns crimping in-store purchases.