'Everyday Low Prices' a Win for Kmart, Bunnings Owner

Wesfarmers Faces Uneven Consumer Spending Amid Inflation Concerns

Wesfarmers, Australia's largest non-food retailer, reports mixed consumer spending impacting its second-half sales, despite surpassing profits in the first half. Inflation and rising interest rates are influencing consumer sentiment. Wesfarmers plans price cuts and productivity improvements to appeal to cost-conscious consumers.

Kmart makes huge call on Black Friday

Wesfarmers has posted a $1.6bn half-year profit, but one of its companies Kmart has revealed its unusual approach to Black Friday sales.

'Everyday low prices' a win for Kmart, Bunnings owner

Kmart and Bunnings owner Wesfarmers says its retail divisions have had a strong start to the second half of 2025/26, after posting a profit bump.

Wesfarmers tips Kmart, Bunnings to outperform in tough consumer market

The Perth-based conglomerate said its lithium business was particularly strong after reporting better-than-expected profits in the first half of the year.

Wesfarmers posts $1.6b half-year net profit

Rob Scott-led Wesfarmers posted a statutory first-half net profit of $1.6 billion, up by 9.3 per cent from $1.46 billion in the prior corresponding period.

Kmart, Bunnings building as Officeworks stays deskbound

Kmart and Bunnings have again performed well for corporate parent Wesfarmers, but Officeworks needs a turnaround and a foul stink is plaguing operations at its lithium refinery outside of Perth. The industrial and retail conglomerate, which also owns the Priceline pharmacy chain and a fertiliser business, on Thursday reported a 9.3 per cent rise in first-half net profit to $1.6 billion. Revenue increased by 3.1 per cent to $24.5 billion in the s…