Coles Group Limited

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Pacific Brands divests brand and workwear units Katie Smith | 1 Dec 14

Australian retailer Pacific Brands has completed its divestments of the Brand Collective and Workwear businesses.

Green light for Wesfarmers' Pacific workwear deal Michelle Russell | 24 Nov 14

Australia's competition regulator has given the green light to Wesfarmers' takeover of Pacific Brands workwear division.

IN THE MONEY: Pacific Brands review may drive further divestments Michelle Russell | 14 Oct 14

Clothing and footwear business Pacific Brands has said it will consider selling more of its brands as it continues to find ways to drive a better company performance.

AUSTRALIA: Pacific Brands divests workwear unit amid FY loss Michelle Russell | 26 Aug 14

Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD180m.

BANGLADESH: Kmart reveals supplier factory locations, Target to follow Michelle Russell | 23 Dec 13

The decision by Australian retailers Kmart and Target Corp to reveal the location of their supplier factories in Bangladesh has been described by Oxfam as a ''watershed moment'' for the country's retailers.

AUSTRALIA: Target posts "disappointing" year as earnings plunge Petah Marian | 15 Aug 13

Australian general merchandise retailer Target has had what its owners described as a "disappointing" year, as earnings plunged.

AUSTRALIA: Machin named as MD of Target Petah Marian | 8 Apr 13

Stuart Machin has been named as managing director of Australian retailer Target.

Interview: Launa Inman, managing director, Target Petah Marian | 7 Nov 11

Launa Inman, managing director of Australian general merchandise retailer Target, spoke to just-style about how the Australian consumer is changing, the company's scramble to get online and how she has been working to turn the business around over the past seven years.

AUSTRALIA: Target appoints Rogers as managing director Petah Marian | 7 Oct 11

Australian general merchandise retailer Target has has named Dene Rogers as its new managing director. He will take up the role from 2 November.

AUSTRALIA: Target managing director to step down Petah Marian | 19 Sep 11

Australian retailer Target has announced that its managing director, Launa Inman, plans to step down from the role.

AUSTRALIA: Mixed Q1 fortunes at Kmart and Target | 21 Oct 10

Australian conglomerate Wesfarmers today (21 October) said it was "generally pleased" after posting a 4.3% rise in first-quarter sales, helped by strong growth at its Kmart discount chain.

AUSTRALIA: Target helps lift Wesfarmers FY profit | 20 Aug 09

Higher sales at its Target fashion and homewares stores have helped Wesfarmers to a 44% jump in full-year profits.

AUSTRALIA: Target, Kmart to use Core sourcing solution | 12 Aug 09

Retailers Target Australia and Kmart Australia are seeking to streamline their global sourcing of private label merchandise by acquiring the CBX system offered by Core Solutions.

AUSTRALIA: Kmart names McDonald’s exec as its new MD | 22 Sep 08

Wesfarmers Limited has hired the former head of McDonald’s operations in China and Australia to lead the turnaround of Kmart, the general merchandise chain it acquired last year as part of its AUD19.8bn (US$16.7bn) takeover of Australian retail group Coles.

AUSTRALIA: Premier tempts Just Group with gloomy forecast | 30 Apr 08

Premier Investments, the firm trying to take over Australian retailer Just Group for A$900m (US$832.7m), has been forced to file a supplementary bidder's statement to clarify statements made by its chairman on the current state of the country's retail climate.

US: Lakeland agrees Australian distribution deal | 31 Mar 08

Protective apparel company Lakeland Industries has signed a distribution agreement with Wesfarmers Industrial and Safety (WIS) in Australia.

AUSTRALIA: UK retail guru to advise Wesfarmers on Coles | 18 Oct 07

Archie Norman, the British retail executive who led the transformation of the Asda supermarket chain, is to have a key advisory role in Wesfarmers’s proposed AUD$22bn (US$17.7bn) acquisition of Australian retail group Coles.

AUSTRALIA: Myer FY reaps benefit of restructuring | 26 Sep 07

Australia's biggest department store chain Myer Pty Limited has posted a nine-fold increase in second-half operating profits following an ambitious cost-cutting programme and efforts to sell more profitable clothing brands in its 60-store chain.

AUSTRALIA: Wesfarmers improves Coles takeover bid | 5 Sep 07

Wesfarmers has improved its takeover bid for Australian retail group Coles after the value of the original deal was undercut by Wesfarmers’ falling share price.

AUSTRALIA: Wesfarmers to invest $5bn in Coles, review Kmart | 20 Aug 07

Australian industrials company Wesfarmers has outlined plans for the Coles Group, which it bought last month, including a AUD5bn ($4.0bn) investment in the supermarket giant over the next five years.

AUSTRALIA: Wesfarmers clinches AUD$22bn deal for Coles | 2 Jul 07

Wesfarmers has reached an agreement with the board of Australian retail group Coles for a recommended cash and share takeover offer totalling around AUD$22bn (US$17.7bn) - a deal that will create the country's largest retailer.

AUSTRALIA: Coles sets deadline for takeover bids | 19 Jun 07

Coles Group Ltd, Australia's second-largest retailer, has set a deadline of 30 June for binding takeover bids.

AUSTRALIA: Coles Q3 sales flat as bid deadline draws near | 17 May 07

Coles Group, Australia’s second biggest retailer, has reported a marginal uptick in third quarter sales as it counts down to the deadline for final bids for its business next month.

AUSTRALIA: Tesco keeps a lid on Coles purchase rumour | 27 Apr 07

Tesco, the UK's largest retailer, has been linked to a possible tie-up with Australian retailer Woolworths to buy Coles Group.

AUSTRALIA: Coles Myer changes name to Coles Group | 20 Nov 06

Retailer Coles Myer said it will change its name to Coles Group Limited following its sale of the Myer department store business in June.

AUSTRALIA: Coles Myer fires supermarket, merchandise boss Peter Scott | 17 Nov 06

Retailer Coles Myer has sacked its supermarket and merchandise boss Peter Scott for "breaching the company's code of conduct."

AUSTRALIA: Coles Myer rejects another offer | 19 Oct 06

Retailer Coles Myer has rejected a revised leveraged buyout proposal from a consortium of buyers led by Kohlberg Kravis Roberts & Co (KKR).

AUSTRALIA: Coles Myer to slash 2,500 jobs | 22 Sep 06

Retailer Coles Myer has announced it will lay off 2,500 support staff over the next two years as it embarks on a cost-saving programme.

AUSTRALIA: Coles Myer board rejects consortium proposal | 6 Sep 06

The board of Australian retailer Coles Myer has rejected a buyout proposal from a consortium bidding to acquire the company for a price of $14.50 per share.

AUSTRALIA: Coles Myer in takeover approach | 17 Aug 06

Coles Myer, Australia’s second-largest retailer, has confirmed that it has received a takeover approach from unnamed parties, with US buyout specialists rumoured to be showing interest in the company.


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