:. Food Industry News


Australia's Wesfarmers Sees Tougher Retail Outlook

Source: Reuters
21/08/2008

Melbourne, Aug 21 - Australian conglomerate Wesfarmers Ltd, which operates the Coles supermarket chain, said on Thursday the outlook for retailers in Australia was patchy.

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"The retail sector we think will be patchy," Chief Executive Richard Goyder told journalists.

"It's going to be harder in retail," he said. ($1=A$1.15)



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