Business

Bunnings

Gunns resolves - if you can't beat 'em, join 'em

Gunns.

Paddy Manning The forestry industry is gradually bowing to FSC control of native forest.

Bunnings to take on any competition: CEO

David McIntyre Wesfarmers Ltd chief executive Richard Goyder says the company's profitable Bunnings hardware chain will take on any new competition as it comes along.

Woolies set to hammer Bunnings dominance

Alison Bell The American hardware supremo appointed by Woolworths to spearhead its move to take on the Bunnings chain, says he'll be looking at driving down supply costs.

Wesfarmers sees further growth for Bunnings

Wesfarmers’ hardware arm, Bunnings, has forecast further grow as rival Woolworths plans to enter the competitive hardware market.

Hardware not underserviced: Bunnings

Wesfarmers Ltd's hardware arm, Bunnings, has refuted suggestions from rival Woolworths Ltd that there are areas of the hardware sector not being serviced.

Bunnings to open 12 new stores in NSW

Wesfarmers Ltd's hardware business Bunnings says it will open 12 new stores in NSW over the next three years.

Metcash splurge gives Bunnings run for its money

Mitre 10  Ian Corlett with Peter Thompson SPECIALX 1111lmm

Eli Greenblat Metcash has beaten out private equity to buy a 50.1 per cent stake in hardware group Mitre 10.

Woolies reveals buyback as profit tops forecast

Woolies

Woolworths signals a confident outlook with plans for a cash return to shareholders after beating forecasts with an 11.4 per cent rise in first-half net profit.

Woolies looks to the next cycle

Malcolm Maiden

Malcolm Maiden Expect to hear a lot about cycling from the retailers this year as the effects of the government handouts fade - and they have to pedal faster.

Wesfarmers H1 profit up 1% to $879m

Wesfarmers Ltd has unveiled a one per cent rise in first half net profit, exceeding market expectations, after continuing strong growth in its retail business.

Wesfarmers stock jumps as results come out ahead

coles

Coles owner Wesfarmers has unveiled a 1% rise in first-half net profit, prompting a sharp turnaround in the fortunes of its stock.

Wesfarmers exits the doghouse

Malcolm Maiden

Malcolm Maiden Wesfarmers paid a top of the bull-market $18b for Coles in 2007. At last, it looks like making sense.

Retailer not about to take it e-e-easy

Clare Kermond Clive Peeters chief Greg Smith is determined to move on after a difficult 2009 and face the challenges of the future.

Wattyl looks to Woolies to spread out

Jordan Chong Wattyl has approached Woolworths about supplying its paint to the retailer's new hardware chain joint venture.

Expert feels sharp end of the waste wars

Collins & Spencer A legal stoush is brewing between medical waste company SteriHealth and Deakin University over one brief statement reported in the West Australian press.

Green Start loses its spark in red tape

Collins & Spencer Like so many government initiatives, there's little doubt the people behind the Green Start program had their hearts in the right place.

Production down at Wesfarmers coal mines

Diversified group Wesfarmers Ltd says production at its coal mines was down during the final quarter of calendar 2009.

Woolies looks over a barrel

Adele Ferguson Is Woolworths going to put its reputation on the line?

Wesfarmers 4th biggest Asia-Pac retailer

Alison Bell Wesfarmers' five-year growth surge and its acquisition of Coles Group saw the conglomerate become the Asia Pacific's fourth largest retailer by sales in 2009.

Y2K + 10: snared and scared in a Web 2.010 decade

google

Ian McIlwraith Perhaps it is fitting that the first decade of this new millennium began and ended with the free-enterprise system unsure whether it was facing the beginning of the end or a hiccup on the way to...