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AUS: Wesfarmers unveils AUD94m Coles Liquor revamp

2014-07-04 15:48:00| Daily beverage news and comment - from just-drinks.com

Wesfarmers, the owner of Coles Liquor, is to spend AUD94m (US$88m) restructuring the Australian alcohol retail outlets.

Tags: aus liquor unveils coles

 

Target takes $680m out of Wesfarmers

2014-07-02 04:13:31| Agriculture - Topix.net

Wesfarmers will be forced to swallow a $680 million impairment charge on its struggling merchandise and apparel group Target, wiping off nearly one third of the retail chain's goodwill.

Tags: takes target 680m wesfarmers

 
 

IAG Receives Regulatory Approval for Wesfarmers Underwriting Acquisition

2014-06-20 19:24:22| Agriculture - Topix.net

Insurance Australia Group Limited announced that it has received the required regulatory approvals from the Commonwealth Acting Assistant Treasurer for its acquisition of the Wesfarmers insurance underwriting business.

Tags: approval acquisition regulatory receives

 

Wesfarmers' Goyder Eyes Overseas Buyouts With A$5 Billion Chest

2014-05-29 02:56:13| Agriculture - Topix.net

Wesfarmers Ltd., the retail, industrial and mining company that's Australia's biggest private employer, is considering overseas acquisitions to maintain the growth it's achieved since going public in 1984.

Tags: eyes billion overseas chest

 

Wesfarmers stands by new Coles boss

2014-05-05 17:28:35| Agriculture - Topix.net

Wesfarmers was refusing to comment late Monday on the future of the incoming boss of its Coles supermarket chain, John Durkan, despite the executive named in court documents as playing a key role in squeezing suppliers for money and using commercial threats.

Tags: stands boss coles wesfarmers

 

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