May 26, 2013
Wesfarmers
Read the latest advice, feature articles and news on Wesfarmers, especially for the business leader.
Farewell James Strong: The Lismore farmboy who led Qantas and Woolworths
James Strong, an influential business leader and consummate communicator, died yesterday aged 68.
From products to people: Retail's challenge for 2013
Two Australian companies – Woolworths and Wesfarmers – are among the 250 biggest retailers in the world, a new report has found. But are they role models for the future of our other big retailers?
Funtastic’s winning simplification strategy: Will it backfire?
Stewart Downs, the CEO of toy retailer, Funtastic, had good news for shareholders at today’s AGM – his simplification strategy has delivered profits. But what are the risks of his approach?
Wesfarmers' Richard Goyder: How I lead 200,000 people
At the helm of a $58 billion-a-year industrial conglomerate, Richard Goyder has narrowed a wide job description as managing director of Wesfarmers.
How the CEOs of the ASX 100 use social media
Four high-profile Australian CEOs are testing the waters in the brave new social world.
Companies search the world and hire at home
Forget the global executive. Of current ASX 100 chiefs, 70 were hired internally.
Goodbye CEOs: 39 chiefs make way for new faces in ASX100
A new generation is leading our largest companies. But they won’t be there for long.
How to fill the shoes of a long-standing leader
The national changing of the guard has begun as our ageing corporate leaders step aside after long leadership careers.
Grant O’Brien’s DIY project: Can Masters spark big profits at Woolies?
Food and liquor sales at the supermarket giant, Woolies, grew only 4% in the year, while its new home improvement business jumped 24.7% from a superfast rollout of 15 new stores.
Wesfarmers' winners and losers: Coles, Bunnings and Kmart boost profit to $2.126 billion
Strong performances from Coles, Bunnings and Kmart have bumped up Wesfarmers’ net profit after tax for the year to $2.126 billion.
One EGM away: GetUp! forces Woolworths to face hard facts
It doesn’t take much for activist groups to force expensive and sometimes uncomfortable EGMs on Australian listed companies.
Australian miners, supermarkets and banks make Global500 list
Energy beats retailing on Fortune magazine’s annual list of the top 500 companies by gross revenue, released yesterday.
Woolies challenges EGM as shareholder activism grows
GetUp! members voted in January for its online advocacy group to hold corporations to account. The advocacy group is adding to the pressures on leaders from shareholders.
The first days of the carbon tax – Wesfarmers chief warns of inevitable price rises
The carbon tax may only be two days old, but already business leaders are warning prices will start rising – and they better get used to it.
News Corp demerger: why companies split up their businesses
Companies demerge for many reasons. In the case of News, the newspaper business is underperforming and dragging down the stellar performer, the entertainment side. There are other reasons for demergers, but do shareholders win?
Powerful business leaders: Richard Goyder
Richard Goyder convinced Wesfarmers to spend $22 billion purchasing Coles. People are taking him more seriously now, the footy-mad family man tells us.
Bunnings’ $1.5n investment to create 6000 jobs
Hardware retailer Bunnings says it will create 6000 Australian jobs in the next few years as it invests $1.5 billion on a raft of new stores.
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