Spin-off to allow acquisitions
Wesfarmers chief Rob Scott will have greater flexibility to undertake merger and acquisitions following the Coles spin-off.
Coles
Mr Ruthless gets a second chance
Steven Cain is returning to the company that squeezed him out 14 years ago as its new chief executive.
New chapter in Coles saga
It was April 2, 2007 when Richard Goyder’s Wesfarmers signed a deal to buy a 5.9 per cent stake in Coles.
Stocks buck Asian falls
The local bourse has closed solidly higher as Wesfarmers jumped more than 6pc on its plans to demerge Coles.
Coles demerger a no-brainer
The spin-off of grocery giant Coles will leave Wesfarmers a much smaller group, but its returns will improve substantially.
‘Time for Coles to go it alone’
Wesfarmers is looking to set up its own future growth as its spins off grocery giant Coles to create a new, $20bn company.
The shake-up Wesfarmers needed
By announcing a Coles spin-off, Wesfarmers’ Rob Scott clearly thinks he’s got all the value uplift he can from the retailer.
‘Battler’ boosts big end of town
The face of the ACTU’s $2m-plus campaign against big business counts corporate giants and multinationals among her clients.
‘That ain’t going to happen’
Coles boss John Durkan has put an end to any hope of a halt to hostilities in the long-running supermarket price wars.
Stop supermarket wars: Ritchies
The boss of the nation’s largest chain of independent supermarkets is calling for an end to the price wars.
Coles hits pause on ‘Down Down’
Coles will take a break from its ‘Down Down’ TV campaign as it tries to broaden the conversation with shoppers.
Woolies shuffles top team
Woolworths’ supermarkets boss Claire Peters has restructured her core buying and replenishment teams.
Myer board in Lew’s crosshairs
Solomon Lew could be back in control of Myer by June, following 16 years in the wilderness.
Penalty-rate victory for workers
Coles night shift and weekend workers are about to get significant increases in penalty rates.
Users find cashless card loophole
Some cashless debit card recipients have found a way to buy alcohol and tobacco.
Coles deal alters face of super
Some 300,000-plus retail employees are set to gain what union power has blocked for decades: a choice of super funds.
How shelf stacker downed Coles
Incredible as it may seem, Penny Vickers’ victory over Coles is dismantling industrial structures … and it could cost the ALP.
Stacker takes Coles down, down
Coles workers are expected to get higher wages after a night-shift worker settled her underpayment case against the supermarket.
Coles feels the pinch of price war
The supermarkets chain has reported one of its slowest rates of sales growth in a decade.
Make ALP pay for union collusion
Wage theft is funding Labor thanks to its affiliates’ dirty deals with big corporations.
Members’ fees go to retailers
Labor’s biggest union affiliate has been paying 10 per cent of union members’ dues in commissions to Coles and Woolworths.
Ex-Target boss sells home
Former Target boss Stuart Machin has sold his turn of the century St Kilda West home for $4.2 million.
Pay shake-up looms for retailers
Retailers are set to follow Coles as enterprise bargaining becomes too hard and there’s a return to award wages.
The big problem with Big W
Sidetracked by the Masters debacle, Woolworths allowed Kmart to dominate Big W. It’s now a life or death problem.
Wesfarmers posts $2.87bn profit
Wesfarmers shares inched higher after Bunnings helped offset an earnings dive at Coles to push it to a $2.87bn profit.
Living costs ‘crippling families’
Families are forgoing fresh food as rising energy bills and stagnant wages sap their buying power, says Coles boss.
Coles ‘failed to check’ pay offer
Coles did not conduct modelling on whether its 2014 deal with unions could pass the ‘better off overall’ test.
Woolies, Coles ditch plastic bags
If you want a plastic bag while shopping at Australia’s dominant supermarket chains, you’ll soon have to fork out 15 cents.
Metcash joins British invasion
The nation’s $90bn supermarket wars have a fresh combatant in the form of new Metcash chief executive Jeff Adams.
Woolworths’ fast turnaround
A surprisingly rapid improvement by Woolworths now has rival Coles under pressure, a new supplier survey suggests.
Original URL: https://www.theaustralian.com.au/topics/coles/page/29