Business
Retail frenzy at Bunnings and Kmart drive Wesfarmers profit surge, Target conversions beat expectations – NEWS.com.au
Retail frenzy at Bunnings and Kmart drive Wesfarmers profit surge, Target conversions beat expectations
Bunnings and Kmart were the earnings machines behind Wesfarmers surge in half year net profit, while initial results from converted Target stores beat the parent companys expectations, but the shopping frenzy appears to have peaked.The conglomerate posted a near 15 per cent surge in net profit for the six months to December 31 of $1.39bn, with managing director Rob Scott immediately pointing to strong sales and earnings growth across the retail businesses, including Officeworks, which has boomed…
-
Noosa News13 hours agoMitch Power Quick Shear event gets men talking about mental health
-
General15 hours agoThailand punches above its weight in film creativity and cross-border appeal. Here’s why
-
Noosa News7 hours agoNRL live updates: Newcastle Knights vs Melbourne Storm, St George Illawarra Dragons vs Sydney Roosters, North Queensland Cowboys vs Canterbury Bulldogs
-
General6 hours agoAlgal bloom fears grow as video shows dead fish in ‘neon green’ waters near Ardrossan