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Source: au.rd.yahoo.com --- 10 days ago
MELBOURNE, July 14 (Reuters) - Australian conglomerate Wesfarmers Ltd WES.AX said on Monday it would take five years to overhaul its struggling Coles supermarket chain, and signalled sliding consumer sentiment would take a toll on its other retail businesses. ... Source: www.moreover.com --- 10 days ago
The chief executive of Wesfarmers says a downturn in consumer confidence will hurt some of its businesses. The Perth-based company owns chains such as Coles, Bunnings, K-Mart and Target. In an address to the Australia-Israel Chamber of Commerce in ... Source: business.theage.com.au --- 10 days ago
Coles owner Wesfarmers has hit back at analysts' claims that it has moved too slowly with its planned transformation of the supermarket chain. ... Source: business.theage.com.au --- 9 days ago
Wesfarmers chief executive Richard Goyder hits back at suggestions the company is taking too long to turn around the Coles Group businesses it acquired last year. ... Source: www.moreover.com --- 7 days ago
Business Week Jul 16 2008 12:35PM GMT ... Source: www.moreover.com --- 50 days ago
Food Week Jun 4 2008 3:46AM GMT ... Source: www.thewest.com.au --- 29 days ago
The Veranus Island gas explosion has forced agricultural fertiliser company CSBP, owned by Wesfarmers, to suspend the production of ammonia and sodium cyanide. In a statement to the stock exchange, W ... Source: www.ausfoodnews.com.au --- 9 days ago
Wesfarmers, the owner of Coles supermarkets since the $20billion purchase of Coles Group last year, has disputed claims that the turnaround of the supermarket giant is taking too long. Wesfarmers CEO, Richard Goyder, suggested that the turnaround will take about five years due to the extent of change required, and insisted they remained well on the [...] ... Source: business.smh.com.au --- 10 days ago
Wesfarmers says it will take five years to overhaul Coles, and expects sliding consumer sentiment to take a toll on its other retail businesses. ... Source: www.thewest.com.au --- 21 days ago
Wesfarmers chairman Trevor Eastwood has announced plans to retire at the company's AGM in November in a black day for the WA-based diversified industrial company. The announcement coincides with a fo ... Source: www.thewest.com.au --- 21 days ago
Wesfarmers’ chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every. Mr Eastwood, who has been chairman of the Perth-based conglomera ... Source: www.finance.news.com.au --- 21 days ago
Wesfarmers'chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every. ... Source: www.ausfoodnews.com.au --- 21 days ago
Trevor Eastwood AM today announced he would be stepping down as Chairman of Wesfarmers Limited at the company’s Annual General Meeting in November 2008. Mr Eastwood took up the role as Chairman of Wesfarmers, one of Australia’s largest companies and owners of Coles Group, in 2002 after joining the Board back in 1994. The company advised [...] ... Source: business.smh.com.au --- 29 days ago
Wesfarmers says pretax earnings may be cut by $20 million per month due to the gas outage in Western Australia. ... Source: www.intelligentinvestor.com.au --- 36 days ago
Company: Wesfarmers Limited (WES) Following the acquisition of Coles, booming coal prices will provide cash flow at just the right time for Wesfarmers. But turning around the retailing giant will be a hard slog. You make your own luck, some say. And Wesfarmers, over the years, has made a great deal of the stuff. But we’re willing to wager that, had the company acquired ICI Australia (now Orica) in 1997, the company’s reputation wouldn’t... ... Source: www.topix.com --- 19 days ago
Wesfarmers chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every. ... Source: wotnews.net --- 28 days ago
Wesfarmers says its pre-tax earnings will be cut by up to $20 million a month, as the company feels the impact of gas outages in Western Australia. ... Source: au.rd.yahoo.com --- 26 days ago
Wesfarmers has joined the list of victims of Western Australia's gas supply crisis.The company told the ASX yesterday that the cost could be & #36;20 million a month off pre-tax earnings for as long as the supply problems last.The news saw investors give the company a touch up and sold off the shares by around 3.5%, or & #36;1.36 to & #36;37.40.It joins the likes of Babcock and Brown Power, Fonterra, BHP, Newcrest, Alcoa and Minara Resources in experiencing some financial impact from the gas supply problems that followed the Varanus Island blast at the start of the month.That June 3 pipeline explosion has cut 30% of the state's natural-gas supplies. Brokers, Southern Cross Equities said Tuesday that the crisis could knock earnings at mining companies such as BHP Billiton and Newcrest Mining by a combined & #36;500 million this year.Newcrest, Minara and Alumina are among companies that have reduced output or profit estimates after the explosion at the Apache Corp plant.Full production won't be restored until December, boosting power costs for mining companies.The WA Chamber of Commerce says the gas shortage and associated problems may cost the Western Australian economy billions of dollars over the rest of 2008 and into early 2009.Wesfarmers is the first company to put a dollar figure on its possible losses and says some of the loss will be recovered from insurance.The company made no mention of any impact on its Coles group outlets an ... Source: www.ausfoodnews.com.au --- 38 days ago
Archie Norman, the former boss of UK retailer Asda, continues to lure high profile executives to assist Coles with their re-development. Mr Norman has been hired as a consultant by Wesfarmers to assist with the Coles turnaround and has already been instrumental in hiring of former Asda employee Ian McLeod to the position of CEO. The [...] ... Source: www.mns.co.uk --- 32 days ago
Bicycle and car parts retailer Halfords Group appointed David Wild, former head of Tesco’s central European operations as their new chief executive. Mr Wild will take over from Ian McLeod on August 4. Mr McLeod stepped down in February to become head of Australia’s Wesfarmers. David Wild is currently Wal-Marts senior vice president for new business development. [...] ... Find more results for Wesfarmers on RSSMicro.com |
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