Wesfarmers-owned Kmart Group has announced the resignation of managing director Ian Bailey after 19 years, with chief financial officer Aleksandra Spaseska to step up to the role.
Major independent car retailer Regent Motors has had another boom year, with strong leap in turnover to $1.2 billion resulting in a hefty dividend to its owners.
Long-running Perth-based retailer Betts Group is continuing to struggle, with the business incurring its fourth loss in seven years, while annual sales have halved over the same period.
Cost-of-living pressures have driven a sharp uptick in both customer numbers and revenue for Tony Galati’s Spudshed, almost tripling its previous year’s profit.
Profit is not a dirty word, says Wesfarmers chairman Michael Chaney, who also called for more kudos from political leaders for the economic contributions of big companies.
The ASX-listed group behind clothing brands Millers, Rockmans and Noni B has called in administrators from FTI Consulting after failing to restructure internally.
Western Australia has recorded the strongest job market and population growth nationally after the state recently surpassed 3 million people, according to CommSec’s latest report.
Automotive retailer Regent Motors has pushed homebuilder BGC Australia out of the top 10 private companies based in Western Australia after cracking the $1 billion revenue milestone.
The family company that owns John Hughes Group has recruited Melbourne-based business adviser Craig Holland as chairman as it prepares for a wider leadership succession.
Wesfarmers’ retail businesses carried its increased profit for the full year, while its lithium business posted a $26 million loss pinned on weak prices for the battery metal.
Ian Armstrong has stepped off the board of major private conglomerate Perron Group, to be replaced after 35 years as a director by Victorian Ken Marshman.
Toyota has extended its lead as the biggest-selling automotive brand in Western Australia but growth in sales was led by China’s Chery and plug-in hybrid electric vehicles.
Western Australians are likely to reduce their discretionary and overall spending during the second half of 2024, a report from the Chamber of Commerce and Industry WA has found.
An independent Sydney chain will take over 11 pet stores in WA after emerging as the big winner from a crackdown on the nation’s second-largest pet products retailer.
Car dealer Eagers Automotive’s dramatic share price drop this week was costly for shareholders, notably the local Wheatley family, the value of whose stake fell more than $30 million yesterday.
WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics.
Despite a slight dip in revenue following the festive season, Cash Converters is keen to build on its momentum for the remainder of the 2024 financial year.
Despite its total group sales revenue rising by 3.4 per cent from $9.7 billion to $10 billion in the March 2024 quarter, Coles Group chief executive officer Leah Weckert is acutely aware that customers are minimising their discretionary spending.
Vacuum cleaner retailer Godfreys will shut its 13 stores in Western Australia among the mass of closures after no suitable buyers prevailed to save the troubled business.
Lender and second-hand goods retailer Cash Converters has announced it recorded a $9.9 million statutory net profit after tax during the first six months of the 2024 financial year.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
ASX-listed Joyce Corporation generated $73.1 million in the first six months of the 2024 financial year, up 6 per cent from the prior corresponding period.
