Wesfarmers showcases its strategy

Wesfarmers' recent Strategy Day highlighted what the company is doing right – and how it will fix what’s wrong.

Pop quiz: Which major retailing group will report a multi-billion dollar writedown in 2016? If you answered ‘Woolworths’ you’d be right – but only partly. In February 2016 the retailer wrote down its home improvement division by a whopping $3.2bn.

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