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Wesfarmers' Rob Scott eyes the long game as Coles growth slows

Sue Mitchell
Sue MitchellColumnist
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As Coles posted its weakest sales growth in nine years, incoming Wesfarmers managing director Rob Scott made clear his focus was on long-term growth and he would not be distracted by short-term performance.

Mr Scott, who takes the helm from Richard Goyder in November, is considering abandoning quarterly sales reports, saying they encourage short-term thinking and can be a distraction for management and investors.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/business/retail/wesfarmers-rob-scott-eyes-the-long-game-as-coles-growth-slows-20171025-gz8237