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Coles Group Limited

Pacific Brands divests brand and workwear units

1 December 2014 | Katie Smith

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


Green light for Wesfarmers' Pacific workwear deal

24 November 2014 | Michelle Russell

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


IN THE MONEY: Pacific Brands review may drive further divestments

14 October 2014 | Michelle Russell

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.... read more


AUSTRALIA: Pacific Brands divests workwear unit amid FY loss

26 August 2014 | Michelle Russell

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.... read more


BANGLADESH: Kmart reveals supplier factory locations, Target to follow

23 December 2013 | Michelle Russell

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.... read more


AUSTRALIA: Target posts "disappointing" year as earnings plunge

15 August 2013 | Petah Marian

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


AUSTRALIA: Machin named as MD of Target

8 April 2013 | Petah Marian

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


Interview: Launa Inman, managing director, Target

7 November 2011 | Petah Marian

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.... read more


AUSTRALIA: Target appoints Rogers as managing director

7 October 2011 | Petah Marian

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


AUSTRALIA: Target managing director to step down

19 September 2011 | Petah Marian

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


AUSTRALIA: Mixed Q1 fortunes at Kmart and Target

21 October 2010 | just-style.com

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.... read more


AUSTRALIA: Target helps lift Wesfarmers FY profit

20 August 2009 | just-style.com

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


AUSTRALIA: Target, Kmart to use Core sourcing solution

12 August 2009 | just-style.com

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.... read more


AUSTRALIA: Kmart names McDonald’s exec as its new MD

22 September 2008 | just-style.com

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.... read more


AUSTRALIA: Premier tempts Just Group with gloomy forecast

30 April 2008 | just-style.com

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.... read more


US: Lakeland agrees Australian distribution deal

31 March 2008 | just-style.com

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


AUSTRALIA: UK retail guru to advise Wesfarmers on Coles

18 October 2007 | just-style.com

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.... read more


AUSTRALIA: Myer FY reaps benefit of restructuring

26 September 2007 | just-style.com

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.... read more


AUSTRALIA: Wesfarmers improves Coles takeover bid

5 September 2007 | just-style.com

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.... read more


AUSTRALIA: Wesfarmers to invest $5bn in Coles, review Kmart

20 August 2007 | just-style.com

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.... read more


AUSTRALIA: Wesfarmers clinches AUD$22bn deal for Coles

2 July 2007 | just-style.com

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.... read more


AUSTRALIA: Coles sets deadline for takeover bids

19 June 2007 | just-style.com

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


AUSTRALIA: Coles Q3 sales flat as bid deadline draws near

17 May 2007 | just-style.com

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.... read more


AUSTRALIA: Tesco keeps a lid on Coles purchase rumour

27 April 2007 | just-style.com

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


AUSTRALIA: Coles Myer changes name to Coles Group

20 November 2006 | just-style.com

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


AUSTRALIA: Coles Myer fires supermarket, merchandise boss Peter Scott

17 November 2006 | just-style.com

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


AUSTRALIA: Coles Myer rejects another offer

19 October 2006 | just-style.com

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


AUSTRALIA: Coles Myer to slash 2,500 jobs

22 September 2006 | just-style.com

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.... read more


AUSTRALIA: Coles Myer board rejects consortium proposal

6 September 2006 | just-style.com

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.... read more


AUSTRALIA: Coles Myer in takeover approach

17 August 2006 | just-style.com

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.... read more


AUSTRALIA: Coles Myer to shut distribution centres

11 July 2006 | just-style.com

More than 1,000 workers will lose their jobs when retailer Coles Myer closes two distribution centres – but the company is set to create more jobs by opening new centres to replace them.... read more