New Wesfarmers chief executive Rob Scott has given a strong hint that his reign will be marked by acquisitions, as the conglomerate looks to make use of its strong balance sheet.
He also made it clear he wouldn't be hitting the panic button despite the challenges the group faces with the performance of Coles and Bunnings UK and Ireland (BUKI).
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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
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
