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Wesfarmers

Wesfarmers Archives

Why the Kmart-Target back end merger has been a decade in the making

The decision, while outwardly focused on delivering better value to customers and improving its own cost of doing busine...

Wesfarmers to merge back ends of Target, Kmart businesses

The changes only occur on the business’s back end, with Target and Kmart remaining separate consumer-facing brands and s...

Wesfarmers sells the last of its Coles Group stake

The sale netted Wesfarmers about $688 million, at a value of $18.50 per share.

Can Wesfarmers’ OnePass succeed where other membership programs failed?

OnePass signifies a large opportunity for the business – one that encourages customers to shop across its entire slate o...

Wesfarmers strikes renewable energy deal

REenergise campaign director Lindsay Soutar, from Greenpeace Australia Pacific, said Wesfarmers making the renewable swi...

Wesfarmers eyes silver linings in subscription, health and beauty

While Wesfarmers’ retail arms suffered throughout the first half, chief executive Rob Scott outlined some opportunities ...

ACCC clears the way for Wesfarmers to acquire Priceline parent

In talking with stakeholders, the ACCC found few concerns about potential market disruption because there are a large nu...

ACCC clears the way for Wesfarmers to acquire Priceline parent

In talking with stakeholders, the ACCC found few concerns about potential market disruption because there are a large nu...

Wesfarmers looks east due to WA’s strict border policy

Wesfarmers CEO and top executives plan to move to Melbourne temporarily due to WA's hard border policy.

Wesfarmers’ API takeover: Growth drug or poison pill?

With Woolworths withdrawing its offer, Wesfarmers is in position to claim the pharmaceutical business, but it faces hurd...

Omicron threatens retail workforce as Kmart and Target slash trading hours

With more team members having to isolate due to Covid, the retailer expects additional pressure.

Woolworths pulls bid to pick up pharmacy group API

Woolworths said it was unable to validate the financial returns it would require from the acquisition after completing i...

“We are not here to disrupt the sector”: Woolies’ case to pharmacists

Woolies chief executive Brad Banducci has penned an open letter to Australian pharmacists outlining the supermarket grou...

Wesfarmers moves to block Woolies’ bid for API

According to Wesfarmers, a growing number of pharmacists and chemists find the overlap between Woolworths’ products and ...

Woolies blocks Wesfarmers’ plans for API with $872 million bid

According to Woolworths, API’s board has determined their proposal is likely to be superior to Wesfarmers’, and it is wo...

Wesfarmers bid to pick up Priceline owner API in health play succeeds

The tug of war between Wesfarmers and Sigma ended over the weekend, with Sigma stepping back from the contest over the w...

Rival pharmaceutical company seeks to keep API from Wesfarmers

Sigma Healthcare looks to sweep up its rival before Wesfarmers can create its new division.

Wesfarmers makes revised bid for Priceline-owner

API's board is recommending shareholders back the revised offer, which will now see them paid out at a 37 per cent premi...

Here’s why retailers are facing higher transport costs and shipping delays

Covid-19 is continuing to disrupt the global supply chain, and logistics experts warn that retailers need to get stock o...

Wesfarmers results jump as Bunnings, Kmart and Officeworks boom

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movemen...