Wesfarmers reveals plans to demerge Coles
Wesfarmers has revealed its intention to demerge its Coles division, with the move subject to shareholder and other approvals.
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Wesfarmers
Wesfarmers announces new leadership
Wesfarmers has confirmed three senior leadership appointments as part of a leadership transition next financial year. “At a Group level, Anthony Gianotti will be the next Wesfarmers Chief Financial Officer, succeeding Finance Director Terry Bowen, who will step down later this year after nearly nine years in the role and 12 years on the Wesfarmers
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New boss for Coles Express
Alister Jordan has taken up a role as the new head of Coles Express, with Coles director John Durkan calling him a “natural internal successor”.
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Coles Express takes a hit on first quarter sales
Wesfarmers has recorded a weakened first quarter for its Coles Express convenience group.
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Mixed reactions to government’s backing of ‘effects test’
Effects test “not a silver bullet” says industry group.
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Coles convenience store sales up
Coles convenience division reports “solid result”, supported by strong growth in store sales.
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More international retailers headed to Australia
Further market disruption set for 2016, report finds.
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Lower price strategy, fresh food boosts Coles
Coles makes strong start to 2016 financial year.
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