Wesfarmers CEO Richard Goyder says Coles preparing for Amazon entry
Julie-anne SpragueRich List editor
Updated
Wesfarmers managing director Richard Goyder says Coles needs to be just as prepared to battle Amazon as Bunnings was when first threatened by Woolworths.
Mr Goyder recently addressed about 120 staff at a leadership event in Melbourne, and told them that Coles had strength of locations, distribution and fantastic sourcing.
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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
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