AUSTRALIA'S largest retailer, Coles Myer, said it would not be 'held to ransom' by Philip Bowman, the finance director it sacked last weekend after three months in the job.Friday, 8 September, 1995, 12:00am
COLES Myer expects to book a A$100 million (about HK$572 million) profit following an agreement to sell its credit card operations to a subsidiary of General Electric for about US$133 million.3 Aug 1995 - 12:00am
AUSTRALIA'S biggest retailer, Coles Myer, said its first-half net profit rose 3.6 per cent over last year, reflecting a 2.9 per cent rise in sales.
The company said its profit rose to A$245.1 million (about HK$1.35 billion) in the six months ended January 23.
The company declared a fully franked interim dividend of 11 cents, unchanged from a year earlier.11 Mar 1994 - 12:00am
THE Australian retail sector will continue to restructure amid a gradual pickup in sales in the next 12 months as its economy emerges from recession, Standard & Poor's Australian arm says.
S & P predicted in a profile of the sector that retail sales would grow about 2.5 per cent in the year ending May 1993.1 Jun 1993 - 12:00am