date:May 29, 2014
It said high cash realisation was expected to continue, although it was likely to moderate.
Bunnings was reported to be positioned for continued growth via strong levels of investment and a strategic agenda to further enhance customer offer, while the focus at Kmart would be on lowest prices, category growth and investment in store network. Wesfarmers said a strengthened leadership team at Target was focused on executing transformation plan.
Planned growth at Officeworks would come through exe