Wesfarmers 2013 results boosted by Coles’ strong performance
date:Aug 19, 2013
om $1,482 million in 2012 to $1,506 million in 2013, according to Wesfarmers. EBIT increased by 9.4 per cent from $85 million to $93 million.

Officeworks opened 13 new stores in 2013.

Target

Department store Target saw a revenue drop of 2.1 per cent, from $3,738 million in 2012, to $3,658 million in 2013. EBIT dropped 44.3 per cent from $244 million in 2012 to $136 million in 2013.

Target sManaging Director Stuart Machin said the department store groups earnings were affected by price deflat
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