#Kmart
Wesfarmers seeking to demerge Coles to facilitate growth for its other businesses
Wesfarmers intends to demerge its Coles division, with the aim being to transform the supermarket chain into a separate, top 30 company on the ASX so it can focus on growth opportunities for its remaining businesses. Commenting on the proposed demerger, which is subject to shareholder and other approvals, Wesfarmers Managing Director Rob Scott said […]
Kmart apologises after ANZAC day boycott
Retailer Kmart plans to withdraw its application to trade before 1pm on Anzac Day in NSW after the proposal sparked outrage across the country. Kmart managing director Guy Russo apologised for the companies decision to apply to trade during Anzac Day marches after receiving an overwhelming number of complaints and intense criticism from customers, politicians […]
Kmart caught in ANZAC boycott
War veterans have chastised an application by Kmart to open its stores before 1pm on Anzac Day, with some RSL’s threatening a boycott of the company. In an application to the State Government, Kmart, said there was “a desire within the community to see our stores open before 1pm on Anzac Day”. The company has […]