Business

Big W  is now barely profitable with earnings falling around 89 per cent in the first half of the 2017 financial year.

Big W's ugly result spoils Woolies' big day

As Woolworths celebrated the early signs of improvement in supermarket sales attention turned to the real elephant in the aisle - the ugly loss notched up by Big W and the continued bleeding of its sales.

Psychological win even as profit is down: Woolworths chief executive Brad Banducci.

Woolworths breaks 7.5-year losing streak

Woolworths broke its 30-quarter losing stream by winning the second quarter sales race with Coles, posting a 3.1 per cent increase in same store sales for the second quarter compared to must 0.9 per cent growth at Coles.

Don Meij admitted that up to 2400 employees may have been underpaid.

Super fund questions Domino's

First Super has written to four fund managers that it invests members' money in questioning the Domino's business model after the recent Fairfax investigation into the pizza giant.

Coles, Woolworths & Officeworks

Millions thrown at supermarket price war

The changing of the guard at Wesfamers this week was all but overshadowed by a sharp fall in earnings from its prized supermarket business Coles, big losses from its UK hardware operation and the likely sale of both coal and the Officeworks chain.

Woolworths Holdings paid $2.1 billion to buy the David Jones department store chain in 2014.

David Jones sales sag in first half

In the 26 weeks to December 25, David Jones sales increased by 4 per cent, compared to an 11.2 per cent spike in sales growth in the previous corresponding period.

New Wesfarmers chief executive Rob Scott perfectly fits the company mould.

Meet the new Wesfarmers Stepford CEO

He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.

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