Business

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

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.

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.

Achoe Malarone, 41, was a store manager when he took more than $22,500 from tills at Phillip and Belconnen JB Hi-Fi stores.

JB Hi-Fi defies retail gloom with profit surge

The JB Hi Fi stellar profit performance is testament to the fact in a difficult depressed environment strong well managed companies can grow by capitalising on the weakness of others.