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